2022
Exports
$2.55MWorld Rnk 20 / 133
Flag Rnk 791 / 1198
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$6.39MWorld Rnk 29 / 192
Flag Rnk 865 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.55M in Silk Fabrics, making it the 20th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 791st most exported product in Singapore. The main destination of Silk Fabrics exports from Singapore are: Malaysia ($1.28M), Indonesia ($358k), Japan ($327k), China ($237k), and Vietnam ($133k).

The fastest growing export markets for Silk Fabrics of Singapore between 2021 and 2022 were Malaysia ($1.04M), Japan ($278k), and China ($231k).

Imports In 2022, Singapore imported $6.39M in Silk Fabrics, becoming the 29th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 865th most imported product in Singapore. Singapore imports Silk Fabrics primarily from: India ($3.44M), Malaysia ($1.11M), Italy ($582k), China ($461k), and South Korea ($234k).

The fastest growing import markets in Silk Fabrics for Singapore between 2021 and 2022 were India ($2.47M), Malaysia ($626k), and Italy ($170k).

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 Silk Fabrics. 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)$2.55M
IMPORTS (2022)$6.39M
NET TRADE (2022)-$3.84M

In 2022, Singapore exported $2.55M in Silk Fabrics. The main destinations of Singapore exports on Silk Fabrics were Malaysia ($1.28M), Indonesia ($358k), Japan ($327k), China ($237k), and Vietnam ($133k).

In 2022, Singapore imported $6.39M in Silk Fabrics, mainly from India ($3.44M), Malaysia ($1.11M), Italy ($582k), China ($461k), and South Korea ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$1.04M (437%)
Japan$278k (569%)
China$231k (3.77k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Singapore WERE (2021 - 2022):
India-$115k (-91.2%)
Cambodia-$46.4k (-100%)
Australia-$13.7k (-66%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Singapore's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $75.5k
TOP IMPORT POTENTIALChina+ $450k

Silk Fabrics’s highest export potential is China. With an export gap of $75.5k.   Silk Fabrics’s highest import potential is China with an import gap of $450k.

See methodology.

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