2022
Exports
$347MWorld Rnk 4 / 172
Flag Rnk 114 / 1198
2022
PRODUCT COMPLEXITY IN Sewing Machines
0.71Rnk 275 / 1025
2022
Imports
$298MWorld Rnk 5 / 214
Flag Rnk 163 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $347M in Sewing Machines, making it the 4th largest exporter of Sewing Machines in the world. At the same year, Sewing Machines was the 114th most exported product in Singapore. The main destination of Sewing Machines exports from Singapore are: Bangladesh ($117M), Vietnam ($57.2M), India ($54.1M), Hong Kong ($20.4M), and Pakistan ($20M).

The fastest growing export markets for Sewing Machines of Singapore between 2021 and 2022 were Bangladesh ($24.1M), Vietnam ($14.8M), and India ($7.63M).

Imports In 2022, Singapore imported $298M in Sewing Machines, becoming the 5th largest importer of Sewing Machines in the world. At the same year, Sewing Machines was the 163rd most imported product in Singapore. Singapore imports Sewing Machines primarily from: China ($124M), Japan ($82.7M), Vietnam ($63M), Chinese Taipei ($8.35M), and Malaysia ($6.11M).

The fastest growing import markets in Sewing Machines for Singapore between 2021 and 2022 were China ($21M), Japan ($16.5M), and Vietnam ($11.2M).

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 Sewing Machines. 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)$347M
IMPORTS (2022)$298M
NET TRADE (2022)$48.8M

In 2022, Singapore exported $347M in Sewing Machines. The main destinations of Singapore exports on Sewing Machines were Bangladesh ($117M), Vietnam ($57.2M), India ($54.1M), Hong Kong ($20.4M), and Pakistan ($20M).

In 2022, Singapore imported $298M in Sewing Machines, mainly from China ($124M), Japan ($82.7M), Vietnam ($63M), Chinese Taipei ($8.35M), and Malaysia ($6.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sewing Machines EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Bangladesh$24.1M (25.9%)
Vietnam$14.8M (35%)
India$7.63M (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing Machines BY Singapore WERE (2021 - 2022):
Indonesia-$5.33M (-24.2%)
Hong Kong-$4.55M (-18.2%)
Cambodia-$3.47M (-48.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Sewing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.7M
TOP IMPORT POTENTIALMalaysia+ $4.63M

Sewing Machines’s highest export potential is China. With an export gap of $3.7M.   Sewing Machines’s highest import potential is Malaysia with an import gap of $4.63M.

See methodology.

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