2022
Exports
$232MWorld Rnk 13 / 205
Flag Rnk 151 / 1198
2022
PRODUCT COMPLEXITY IN Paintings
0.54Rnk 356 / 1025
2022
Imports
$370MWorld Rnk 10 / 212
Flag Rnk 133 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $232M in Paintings, making it the 13th largest exporter of Paintings in the world. At the same year, Paintings was the 151st most exported product in Singapore. The main destination of Paintings exports from Singapore are: Hong Kong ($178M), United States ($11.7M), Switzerland ($10.3M), United Kingdom ($7.94M), and France ($7.03M).

The fastest growing export markets for Paintings of Singapore between 2021 and 2022 were Hong Kong ($68.8M), United Kingdom ($6.32M), and United States ($4.96M).

Imports In 2022, Singapore imported $370M in Paintings, becoming the 10th largest importer of Paintings in the world. At the same year, Paintings was the 133rd most imported product in Singapore. Singapore imports Paintings primarily from: United States ($138M), Hong Kong ($56.3M), Japan ($29.2M), United Kingdom ($23.8M), and China ($21.3M).

The fastest growing import markets in Paintings for Singapore between 2021 and 2022 were United States ($55.7M), Hong Kong ($28.7M), and Japan ($25.6M).

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 Paintings. 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)$232M
IMPORTS (2022)$370M
NET TRADE (2022)-$138M

In 2022, Singapore exported $232M in Paintings. The main destinations of Singapore exports on Paintings were Hong Kong ($178M), United States ($11.7M), Switzerland ($10.3M), United Kingdom ($7.94M), and France ($7.03M).

In 2022, Singapore imported $370M in Paintings, mainly from United States ($138M), Hong Kong ($56.3M), Japan ($29.2M), United Kingdom ($23.8M), and China ($21.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paintings EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hong Kong$68.8M (63.1%)
United Kingdom$6.32M (391%)
United States$4.96M (73%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Singapore WERE (2021 - 2022):
China-$3.56M (-90%)
Germany-$1.93M (-80.1%)
Australia-$350k (-50.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Paintings were:
In 2022, Singapore's main importing competitors in Paintings were:

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Trade Value of Paintings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.87M
TOP IMPORT POTENTIALChina+ $4.62M

Paintings’s highest export potential is United States. With an export gap of $5.87M.   Paintings’s highest import potential is China with an import gap of $4.62M.

See methodology.

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