2022
Exports
$112MWorld Rnk 75 / 221
Flag Rnk 63 / 96
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$541MWorld Rnk 47 / 226
Flag Rnk 49 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $112M in Wood, wood articles, & charcoal, making it the 75th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 63rd most exported product in Singapore. The main destination of Wood, wood articles, & charcoal exports from Singapore are: India ($47.9M), Israel ($14.7M), Malaysia ($10.4M), Netherlands ($5.38M), and United States ($4.31M).

The fastest growing export markets for Wood, wood articles, & charcoal of Singapore between 2021 and 2022 were Israel ($11.5M), Belgium ($2.51M), and United States ($1.01M).

Imports In 2022, Singapore imported $541M in Wood, wood articles, & charcoal, becoming the 47th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 49th most imported product in Singapore. Singapore imports Wood, wood articles, & charcoal primarily from: China ($193M), Malaysia ($176M), Indonesia ($61.2M), Vietnam ($34.5M), and New Zealand ($8.14M).

The fastest growing import markets in Wood, wood articles, & charcoal for Singapore between 2021 and 2022 were China ($94.6M), Malaysia ($26M), and Vietnam ($7.97M).

COMPANIES In 2023, leading companies such as At Home Procurement (4), Euromarket Designs (3), and Lollicup (3) were at the forefront of shipping Wood, wood articles, & charcoal from Singapore to the United States.

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 Wood, wood articles, & charcoal. 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)$112M
IMPORTS (2022)$541M
NET TRADE (2022)-$429M

In 2022, Singapore exported $112M in Wood, wood articles, & charcoal. The main destinations of Singapore exports on Wood, wood articles, & charcoal were India ($47.9M), Israel ($14.7M), Malaysia ($10.4M), Netherlands ($5.38M), and United States ($4.31M).

In 2022, Singapore imported $541M in Wood, wood articles, & charcoal, mainly from China ($193M), Malaysia ($176M), Indonesia ($61.2M), Vietnam ($34.5M), and New Zealand ($8.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Israel$11.5M (365%)
Belgium$2.51M (1.96k%)
United States$1.01M (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Singapore WERE (2021 - 2022):
Maldives-$4.4M (-55.6%)
China-$3.3M (-75.3%)
Australia-$2.91M (-52.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Singapore's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.61M
TOP IMPORT POTENTIALChina+ $17.6M

Wood, wood articles, & charcoal’s highest export potential is United States. With an export gap of $4.61M.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $17.6M.

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