2022
Exports
$496kWorld Rnk 64 / 183
Flag Rnk 990 / 1198
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$7.24MWorld Rnk 43 / 216
Flag Rnk 837 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $496k in Basketwork, making it the 64th largest exporter of Basketwork in the world. At the same year, Basketwork was the 990th most exported product in Singapore. The main destination of Basketwork exports from Singapore are: China ($155k), Malaysia ($43.2k), Spain ($33.2k), Hong Kong ($33k), and Germany ($27.5k).

The fastest growing export markets for Basketwork of Singapore between 2021 and 2022 were China ($148k), Spain ($32.6k), and Hong Kong ($23.7k).

Imports In 2022, Singapore imported $7.24M in Basketwork, becoming the 43rd largest importer of Basketwork in the world. At the same year, Basketwork was the 837th most imported product in Singapore. Singapore imports Basketwork primarily from: China ($4.25M), France ($521k), Indonesia ($457k), Vietnam ($348k), and Poland ($228k).

The fastest growing import markets in Basketwork for Singapore between 2021 and 2022 were France ($408k), Poland ($228k), and Malaysia ($106k).

COMPANIES In 2023, leading companies such as Michael Kors (1) were at the forefront of shipping Basketwork 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 Basketwork. 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)$496k
IMPORTS (2022)$7.24M
NET TRADE (2022)-$6.74M

In 2022, Singapore exported $496k in Basketwork. The main destinations of Singapore exports on Basketwork were China ($155k), Malaysia ($43.2k), Spain ($33.2k), Hong Kong ($33k), and Germany ($27.5k).

In 2022, Singapore imported $7.24M in Basketwork, mainly from China ($4.25M), France ($521k), Indonesia ($457k), Vietnam ($348k), and Poland ($228k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$148k (2.14k%)
Spain$32.6k (5.16k%)
Hong Kong$23.7k (254%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Singapore WERE (2021 - 2022):
Malaysia-$224k (-83.8%)
Burma-$105k (-100%)
Netherlands-$46.3k (-95.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51k
TOP IMPORT POTENTIALChina+ $1.15M

Basketwork’s highest export potential is United States. With an export gap of $51k.   Basketwork’s highest import potential is China with an import gap of $1.15M.

See methodology.

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