2022
Exports
$2.65MWorld Rnk 40 / 153
Flag Rnk 787 / 1198
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$8.74MWorld Rnk 38 / 211
Flag Rnk 813 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.65M in Friction Material, making it the 40th largest exporter of Friction Material in the world. At the same year, Friction Material was the 787th most exported product in Singapore. The main destination of Friction Material exports from Singapore are: Zimbabwe ($352k), Indonesia ($310k), Hong Kong ($211k), Kuwait ($189k), and Fiji ($168k).

The fastest growing export markets for Friction Material of Singapore between 2021 and 2022 were Zimbabwe ($137k), Switzerland ($135k), and Gabon ($114k).

Imports In 2022, Singapore imported $8.74M in Friction Material, becoming the 38th largest importer of Friction Material in the world. At the same year, Friction Material was the 813th most imported product in Singapore. Singapore imports Friction Material primarily from: Kuwait ($2.17M), United States ($1.65M), Bahrain ($1.33M), China ($683k), and Japan ($618k).

The fastest growing import markets in Friction Material for Singapore between 2021 and 2022 were Kuwait ($2.17M), Bahrain ($692k), and United States ($641k).

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 Friction Material. 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)$2.65M
IMPORTS (2022)$8.74M
NET TRADE (2022)-$6.09M

In 2022, Singapore exported $2.65M in Friction Material. The main destinations of Singapore exports on Friction Material were Zimbabwe ($352k), Indonesia ($310k), Hong Kong ($211k), Kuwait ($189k), and Fiji ($168k).

In 2022, Singapore imported $8.74M in Friction Material, mainly from Kuwait ($2.17M), United States ($1.65M), Bahrain ($1.33M), China ($683k), and Japan ($618k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Zimbabwe$137k (63.8%)
Switzerland$135k (1%)
Gabon$114k (15.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Singapore WERE (2021 - 2022):
Indonesia-$343k (-52.5%)
Papua New Guinea-$256k (-99.8%)
Ireland-$67.4k (-97.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $98.5k
TOP IMPORT POTENTIALChina+ $405k

Friction Material’s highest export potential is China. With an export gap of $98.5k.   Friction Material’s highest import potential is China with an import gap of $405k.

See methodology.

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