2022
Exports
$17.5MWorld Rnk 44 / 209
Flag Rnk 483 / 1198
falsefalse Indonesia
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$107MWorld Rnk 33 / 223
Flag Rnk 317 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $17.5M in Padlocks, making it the 44th largest exporter of Padlocks in the world. At the same year, Padlocks was the 483rd most exported product in Singapore. The main destination of Padlocks exports from Singapore are: Indonesia ($4.19M), Malaysia ($2.21M), Philippines ($1.84M), China ($1.66M), and India ($1.31M).

Imports In 2022, Singapore imported $107M in Padlocks, becoming the 33rd largest importer of Padlocks in the world. At the same year, Padlocks was the 317th most imported product in Singapore. Singapore imports Padlocks primarily from: China ($71.1M), Malaysia ($6.13M), South Korea ($5.36M), United States ($4.36M), and Germany ($3.37M).

The fastest growing import markets in Padlocks for Singapore between 2021 and 2022 were China ($46.1M), Vietnam ($1.36M), and Germany ($1.03M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Padlocks. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.5M
IMPORTS (2022)$107M
NET TRADE (2022)-$89.7M

In 2022, Singapore exported $17.5M in Padlocks. The main destinations of Singapore exports on Padlocks were Indonesia ($4.19M), Malaysia ($2.21M), Philippines ($1.84M), China ($1.66M), and India ($1.31M).

In 2022, Singapore imported $107M in Padlocks, mainly from China ($71.1M), Malaysia ($6.13M), South Korea ($5.36M), United States ($4.36M), and Germany ($3.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Singapore's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $982k
TOP IMPORT POTENTIALChina+ $5.01M

Padlocks’s highest export potential is China. With an export gap of $982k.   Padlocks’s highest import potential is China with an import gap of $5.01M.

See methodology.

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