2022
Exports
$4.09MWorld Rnk 25 / 119
Flag Rnk 709 / 1198
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$3.41MWorld Rnk 57 / 178
Flag Rnk 947 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.09M in Textile Fiber Machinery, making it the 25th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 709th most exported product in Singapore. The main destination of Textile Fiber Machinery exports from Singapore are: India ($1.7M), Chinese Taipei ($1.48M), France ($228k), Malaysia ($213k), and Indonesia ($199k).

The fastest growing export markets for Textile Fiber Machinery of Singapore between 2021 and 2022 were India ($448k), France ($228k), and Egypt ($99k).

Imports In 2022, Singapore imported $3.41M in Textile Fiber Machinery, becoming the 57th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 947th most imported product in Singapore. Singapore imports Textile Fiber Machinery primarily from: Chinese Taipei ($1.77M), China ($1.33M), Thailand ($151k), Italy ($69.1k), and Malaysia ($50.3k).

The fastest growing import markets in Textile Fiber Machinery for Singapore between 2021 and 2022 were China ($813k), Italy ($69.1k), and Thailand ($65.1k).

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 Textile Fiber Machinery. 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)$4.09M
IMPORTS (2022)$3.41M
NET TRADE (2022)$677k

In 2022, Singapore exported $4.09M in Textile Fiber Machinery. The main destinations of Singapore exports on Textile Fiber Machinery were India ($1.7M), Chinese Taipei ($1.48M), France ($228k), Malaysia ($213k), and Indonesia ($199k).

In 2022, Singapore imported $3.41M in Textile Fiber Machinery, mainly from Chinese Taipei ($1.77M), China ($1.33M), Thailand ($151k), Italy ($69.1k), and Malaysia ($50.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$448k (35.7%)
France$228k (1%)
Egypt$99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Singapore WERE (2021 - 2022):
Bangladesh-$820k (-93.5%)
Iran-$575k (-100%)
Chinese Taipei-$312k (-17.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Singapore's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $266k
TOP IMPORT POTENTIALChina+ $533k

Textile Fiber Machinery’s highest export potential is India. With an export gap of $266k.   Textile Fiber Machinery’s highest import potential is China with an import gap of $533k.

See methodology.

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