2022
Exports
$4.75MWorld Rnk 59 / 160
Flag Rnk 91 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$12.5MWorld Rnk 71 / 194
Flag Rnk 92 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.75M in Wool & animal hair, making it the 59th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 91st most exported product in Singapore. The main destination of Wool & animal hair exports from Singapore are: India ($2.86M), Vietnam ($338k), China ($317k), United Arab Emirates ($229k), and Thailand ($220k).

The fastest growing export markets for Wool & animal hair of Singapore between 2021 and 2022 were India ($1.31M), Vietnam ($181k), and Hong Kong ($118k).

Imports In 2022, Singapore imported $12.5M in Wool & animal hair, becoming the 71st largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 92nd most imported product in Singapore. Singapore imports Wool & animal hair primarily from: China ($8.61M), Italy ($1.04M), United Kingdom ($589k), India ($271k), and United States ($238k).

The fastest growing import markets in Wool & animal hair for Singapore between 2021 and 2022 were China ($1.15M), Italy ($289k), and United Kingdom ($286k).

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 Wool & animal hair. 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)$4.75M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$7.79M

In 2022, Singapore exported $4.75M in Wool & animal hair. The main destinations of Singapore exports on Wool & animal hair were India ($2.86M), Vietnam ($338k), China ($317k), United Arab Emirates ($229k), and Thailand ($220k).

In 2022, Singapore imported $12.5M in Wool & animal hair, mainly from China ($8.61M), Italy ($1.04M), United Kingdom ($589k), India ($271k), and United States ($238k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$1.31M (85.1%)
Vietnam$181k (115%)
Hong Kong$118k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Singapore WERE (2021 - 2022):
Indonesia-$340k (-71.8%)
Pakistan-$303k (-71%)
China-$289k (-47.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Singapore's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $281k
TOP IMPORT POTENTIALItaly+ $392k

Wool & animal hair’s highest export potential is China. With an export gap of $281k.   Wool & animal hair’s highest import potential is Italy with an import gap of $392k.

See methodology.

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