2023
Exports
$498MWorld Rnk 41 / 226
Flag Rnk 14 / 21
2023
PRODUCT COMPLEXITY IN Stone And Glass
1.27Rnk 85 / 1025
2023
Imports
$2.52BWorld Rnk 21 / 226
Flag Rnk 16 / 21
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $498M in Stone And Glass, making it the 41st largest exporter of Stone And Glass in the world. At the same year, Stone And Glass was the 14th most exported product in Singapore. The main destination of Stone And Glass exports from Singapore are: South Korea ($128M), United States ($68.9M), Chinese Taipei ($64.6M), Japan ($52.6M), and Malaysia ($40.7M).

The fastest growing export markets for Stone And Glass of Singapore between 2022 and 2023 were United States ($10.2M), Malaysia ($6.07M), and Vietnam ($4.37M).

Imports In 2023, Singapore imported $2.52B in Stone And Glass, becoming the 21st largest importer of Stone And Glass in the world. At the same year, Stone And Glass was the 16th most imported product in Singapore. Singapore imports Stone And Glass primarily from: Malaysia ($824M), China ($471M), Vietnam ($396M), Japan ($226M), and United States ($151M).

The fastest growing import markets in Stone And Glass for Singapore between 2022 and 2023 were Malaysia ($158M), Thailand ($9.06M), and Serbia ($8.33M).

COMPANIES In 2024, leading companies such as Kontoor Brands (24), LG Electronics (11), and REI (Recreational Equipment Incorporated) (8) were at the forefront of shipping Stone And Glass from Singapore to the United States.

Latest Trends

Dec 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 Stone And Glass. 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 (2023)$498M
IMPORTS (2023)$2.52B
NET TRADE (2023)-$2.02B

In 2023, Singapore exported $498M in Stone And Glass. The main destinations of Singapore exports on Stone And Glass were South Korea ($128M), United States ($68.9M), Chinese Taipei ($64.6M), Japan ($52.6M), and Malaysia ($40.7M).

In 2023, Singapore imported $2.52B in Stone And Glass, mainly from Malaysia ($824M), China ($471M), Vietnam ($396M), Japan ($226M), and United States ($151M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone And Glass EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
United States$10.2M (17.4%)
Malaysia$6.07M (17.5%)
Vietnam$4.37M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone And Glass BY Singapore WERE (2022 - 2023):
Chinese Taipei-$82.2M (-56%)
India-$42.6M (-85.9%)
Philippines-$22.7M (-73.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Stone And Glass were:
In 2023, Singapore's main importing competitors in Stone And Glass were:

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Trade Value of Stone And Glass by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.2M
TOP IMPORT POTENTIALChina+ $66.9M

Stone And Glass’s highest export potential is China. With an export gap of $11.2M.   Stone And Glass’s highest import potential is China with an import gap of $66.9M.

See methodology.

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