2022
Exports
$3.16MWorld Rnk 69 / 184
Flag Rnk 756 / 1198
2022
PRODUCT COMPLEXITY IN Building Stone
-1.09Rnk 852 / 1025
2022
Imports
$107MWorld Rnk 30 / 220
Flag Rnk 319 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $3.16M in Building Stone, making it the 69th largest exporter of Building Stone in the world. At the same year, Building Stone was the 756th most exported product in Singapore. The main destination of Building Stone exports from Singapore are: Malaysia ($786k), Indonesia ($365k), United States ($305k), Barbados ($275k), and British Indian Ocean Territory ($197k).

The fastest growing export markets for Building Stone of Singapore between 2021 and 2022 were Barbados ($200k), United Arab Emirates ($196k), and Thailand ($91.8k).

Imports In 2022, Singapore imported $107M in Building Stone, becoming the 30th largest importer of Building Stone in the world. At the same year, Building Stone was the 319th most imported product in Singapore. Singapore imports Building Stone primarily from: China ($75.3M), Turkey ($7.31M), Italy ($5.44M), India ($3.31M), and Greece ($2.77M).

The fastest growing import markets in Building Stone for Singapore between 2021 and 2022 were China ($30.8M), Turkey ($2.32M), and Uzbekistan ($1.38M).

COMPANIES In 2023, leading companies such as The Tile Shop (7) and LG Electronics (5) were at the forefront of shipping Building Stone from Singapore to the United States.

Latest Trends

Sep 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 Building Stone. 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)$3.16M
IMPORTS (2022)$107M
NET TRADE (2022)-$104M

In 2022, Singapore exported $3.16M in Building Stone. The main destinations of Singapore exports on Building Stone were Malaysia ($786k), Indonesia ($365k), United States ($305k), Barbados ($275k), and British Indian Ocean Territory ($197k).

In 2022, Singapore imported $107M in Building Stone, mainly from China ($75.3M), Turkey ($7.31M), Italy ($5.44M), India ($3.31M), and Greece ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Barbados$200k (266%)
Thailand$91.8k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Singapore WERE (2021 - 2022):
Australia-$325k (-83.7%)
Vietnam-$196k (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Singapore's main importing competitors in Building Stone were:

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $373k
TOP IMPORT POTENTIALIndia+ $4.2M

Building Stone’s highest export potential is United States. With an export gap of $373k.   Building Stone’s highest import potential is India with an import gap of $4.2M.

See methodology.

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