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Exports In 2022, Singapore exported $2.71k in Flax Yarn, making it the 60th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 1184th most exported product in Singapore. The main destination of Flax Yarn exports from Singapore are: Hong Kong ($1.02k), Vietnam ($617), China ($598), Philippines ($244), and Indonesia ($223).

The fastest growing export markets for Flax Yarn of Singapore between 2021 and 2022 were Hong Kong ($1.02k), Vietnam ($617), and Indonesia ($151).

Imports In 2022, Singapore imported $46.9k in Flax Yarn, becoming the 67th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 1178th most imported product in Singapore. Singapore imports Flax Yarn primarily from: Finland ($36k), United States ($9.1k), China ($1.35k), Germany ($229), and France ($154).

The fastest growing import markets in Flax Yarn for Singapore between 2021 and 2022 were Finland ($36k), United States ($9.1k), and France ($85).

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 Flax Yarn. 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)$2.71k
IMPORTS (2022)$46.9k
NET TRADE (2022)-$44.2k

In 2022, Singapore exported $2.71k in Flax Yarn. The main destinations of Singapore exports on Flax Yarn were Hong Kong ($1.02k), Vietnam ($617), China ($598), Philippines ($244), and Indonesia ($223).

In 2022, Singapore imported $46.9k in Flax Yarn, mainly from Finland ($36k), United States ($9.1k), China ($1.35k), Germany ($229), and France ($154).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hong Kong$1.02k (1%)
Vietnam$617 (1%)
Indonesia$151 (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Singapore WERE (2021 - 2022):
Malaysia-$10.4k (-100%)
United States-$7.54k (-100%)
Thailand-$2.77k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Singapore's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Singapore's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $777
TOP IMPORT POTENTIALChina+ $6.07k

Flax Yarn’s highest export potential is China. With an export gap of $777.   Flax Yarn’s highest import potential is China with an import gap of $6.07k.

See methodology.

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