2022
Exports
$49.7MWorld Rnk 26 / 202
Flag Rnk 313 / 1198
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$61.9MWorld Rnk 30 / 224
Flag Rnk 420 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $49.7M in Rubber Belting, making it the 26th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 313th most exported product in Singapore. The main destination of Rubber Belting exports from Singapore are: Malaysia ($9.34M), India ($4.02M), Vietnam ($3.64M), Indonesia ($3.29M), and Philippines ($2.25M).

The fastest growing export markets for Rubber Belting of Singapore between 2021 and 2022 were Saudi Arabia ($1.63M), Vietnam ($1.23M), and Malaysia ($1.22M).

Imports In 2022, Singapore imported $61.9M in Rubber Belting, becoming the 30th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 420th most imported product in Singapore. Singapore imports Rubber Belting primarily from: China ($13.3M), Thailand ($11.7M), Germany ($8.46M), Indonesia ($8.32M), and Japan ($7.7M).

The fastest growing import markets in Rubber Belting for Singapore between 2021 and 2022 were Germany ($1.86M), China ($1.66M), and Malaysia ($852k).

Latest Trends

Nov 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 Rubber Belting. 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)$49.7M
IMPORTS (2022)$61.9M
NET TRADE (2022)-$12.2M

In 2022, Singapore exported $49.7M in Rubber Belting. The main destinations of Singapore exports on Rubber Belting were Malaysia ($9.34M), India ($4.02M), Vietnam ($3.64M), Indonesia ($3.29M), and Philippines ($2.25M).

In 2022, Singapore imported $61.9M in Rubber Belting, mainly from China ($13.3M), Thailand ($11.7M), Germany ($8.46M), Indonesia ($8.32M), and Japan ($7.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Saudi Arabia$1.63M (304%)
Vietnam$1.23M (50.9%)
Malaysia$1.22M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Singapore WERE (2021 - 2022):
Indonesia-$1.24M (-27.4%)
Iran-$1.19M (-100%)
United Arab Emirates-$596k (-22.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.23M
TOP IMPORT POTENTIALChina+ $4.23M

Rubber Belting’s highest export potential is China. With an export gap of $1.23M.   Rubber Belting’s highest import potential is China with an import gap of $4.23M.

See methodology.

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