2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
falseWorld Rnk 49 / 208
Flag Rnk 708 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

The fastest growing export markets for Synthetic Fabrics of Singapore between 2021 and 2022 were India ($1.11M), Indonesia ($830k), and Bangladesh ($130k).

Imports In 2022, Singapore imported $16M in Synthetic Fabrics, becoming the 49th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 708th most imported product in Singapore. Singapore imports Synthetic Fabrics primarily from: Thailand ($3.37M), China ($2.71M), Vietnam ($1.78M), France ($1.5M), and Chinese Taipei ($1.44M).

The fastest growing import markets in Synthetic Fabrics for Singapore between 2021 and 2022 were Thailand ($1.11M), Chinese Taipei ($937k), and Vietnam ($905k).

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 Synthetic 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
IMPORTS (2022)$16M

In 2022, Singapore imported $16M in Synthetic Fabrics, mainly from Thailand ($3.37M), China ($2.71M), Vietnam ($1.78M), France ($1.5M), and Chinese Taipei ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$1.11M (75.6%)
Indonesia$830k (104%)
Bangladesh$130k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Singapore WERE (2021 - 2022):
Brunei-$610k (-69.6%)
Malaysia-$256k (-39.1%)
Oman-$253k (-79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALVietnam+ $200k
TOP IMPORT POTENTIALChina+ $1.69M

Synthetic Fabrics’s highest export potential is Vietnam. With an export gap of $200k.   Synthetic Fabrics’s highest import potential is China with an import gap of $1.69M.

See methodology.

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