2022
Exports
$2.15BWorld Rnk 49 / 226
Flag Rnk 10 / 21
2022
PRODUCT COMPLEXITY IN Textiles
1.5Rnk 52 / 1025
2022
Imports
$4.88BWorld Rnk 42 / 226
Flag Rnk 10 / 21
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.15B in Textiles, making it the 49th largest exporter of Textiles in the world. At the same year, Textiles was the 10th most exported product in Singapore. The main destination of Textiles exports from Singapore are: Malaysia ($354M), India ($245M), Indonesia ($222M), Australia ($160M), and Vietnam ($107M).

The fastest growing export markets for Textiles of Singapore between 2021 and 2022 were India ($156M), Malaysia ($142M), and Australia ($79.5M).

Imports In 2022, Singapore imported $4.88B in Textiles, becoming the 42nd largest importer of Textiles in the world. At the same year, Textiles was the 10th most imported product in Singapore. Singapore imports Textiles primarily from: China ($2.63B), France ($270M), Malaysia ($233M), Indonesia ($228M), and Vietnam ($165M).

The fastest growing import markets in Textiles for Singapore between 2021 and 2022 were China ($1.01B), France ($79.1M), and Poland ($78M).

COMPANIES In 2023, leading companies such as Adidas (395), Conair (32), and Xerox (31) were at the forefront of shipping Textiles from Singapore to the United States.

Latest Trends

Oct 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 Textiles. 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)$2.15B
IMPORTS (2022)$4.88B
NET TRADE (2022)-$2.73B

In 2022, Singapore exported $2.15B in Textiles. The main destinations of Singapore exports on Textiles were Malaysia ($354M), India ($245M), Indonesia ($222M), Australia ($160M), and Vietnam ($107M).

In 2022, Singapore imported $4.88B in Textiles, mainly from China ($2.63B), France ($270M), Malaysia ($233M), Indonesia ($228M), and Vietnam ($165M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$156M (176%)
Malaysia$142M (67.1%)
Australia$79.5M (98.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles BY Singapore WERE (2021 - 2022):
Japan-$29.8M (-22.6%)
United States-$26.1M (-44.6%)
Vietnam-$21.2M (-16.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.5M
TOP IMPORT POTENTIALChina+ $251M

Textiles’s highest export potential is United States. With an export gap of $30.5M.   Textiles’s highest import potential is China with an import gap of $251M.

See methodology.

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