2022
Exports
$21.1MWorld Rnk 16 / 154
Flag Rnk 452 / 1198
2022
PRODUCT COMPLEXITY IN Binoculars and Telescopes
0.32Rnk 438 / 1025
2022
Imports
$11.3MWorld Rnk 36 / 209
Flag Rnk 769 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $21.1M in Binoculars and Telescopes, making it the 16th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 452nd most exported product in Singapore. The main destination of Binoculars and Telescopes exports from Singapore are: Indonesia ($17.2M), South Korea ($597k), United States ($566k), Malaysia ($433k), and South Africa ($389k).

The fastest growing export markets for Binoculars and Telescopes of Singapore between 2021 and 2022 were Indonesia ($5.9M), South Korea ($595k), and South Africa ($227k).

Imports In 2022, Singapore imported $11.3M in Binoculars and Telescopes, becoming the 36th largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 769th most imported product in Singapore. Singapore imports Binoculars and Telescopes primarily from: Malaysia ($4.03M), China ($1.77M), Germany ($1.54M), United States ($736k), and United Kingdom ($675k).

The fastest growing import markets in Binoculars and Telescopes for Singapore between 2021 and 2022 were Malaysia ($2.6M), China ($750k), and United Kingdom ($446k).

COMPANIES In 2023, leading companies such as Chevron (3) were at the forefront of shipping Binoculars and Telescopes 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 Binoculars and Telescopes. 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)$21.1M
IMPORTS (2022)$11.3M
NET TRADE (2022)$9.82M

In 2022, Singapore exported $21.1M in Binoculars and Telescopes. The main destinations of Singapore exports on Binoculars and Telescopes were Indonesia ($17.2M), South Korea ($597k), United States ($566k), Malaysia ($433k), and South Africa ($389k).

In 2022, Singapore imported $11.3M in Binoculars and Telescopes, mainly from Malaysia ($4.03M), China ($1.77M), Germany ($1.54M), United States ($736k), and United Kingdom ($675k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$5.9M (52.1%)
South Korea$595k (28.3k%)
South Africa$227k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY Singapore WERE (2021 - 2022):
Hungary-$357k (-67.5%)
Hong Kong-$261k (-50.6%)
Philippines-$99.7k (-78.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Binoculars and Telescopes were:
In 2022, Singapore's main importing competitors in Binoculars and Telescopes were:

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Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $701k
TOP IMPORT POTENTIALChina+ $1.02M

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $701k.   Binoculars and Telescopes’s highest import potential is China with an import gap of $1.02M.

See methodology.

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