2022
Exports
$266MWorld Rnk 57 / 225
Flag Rnk 50 / 96
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$2.9BWorld Rnk 26 / 225
Flag Rnk 18 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $266M in Furniture, bedding, lamps, & prefab buildings, making it the 57th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 50th most exported product in Singapore. The main destination of Furniture, bedding, lamps, & prefab buildings exports from Singapore are: United States ($42.1M), India ($33M), Indonesia ($26.4M), Malaysia ($17.2M), and United Kingdom ($17.1M).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of Singapore between 2021 and 2022 were United States ($17.1M), India ($6.08M), and Indonesia ($4.79M).

Imports In 2022, Singapore imported $2.9B in Furniture, bedding, lamps, & prefab buildings, becoming the 26th largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 18th most imported product in Singapore. Singapore imports Furniture, bedding, lamps, & prefab buildings primarily from: China ($2.15B), Malaysia ($266M), United States ($72M), Italy ($63.6M), and Indonesia ($45.8M).

The fastest growing import markets in Furniture, bedding, lamps, & prefab buildings for Singapore between 2021 and 2022 were China ($999M), United States ($23.9M), and Malaysia ($23.6M).

COMPANIES In 2023, leading companies such as Goplus (564), Euromarket Designs (179), and At Home Procurement (38) were at the forefront of shipping Furniture, bedding, lamps, & prefab buildings 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 Furniture, bedding, lamps, & prefab buildings. 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)$266M
IMPORTS (2022)$2.9B
NET TRADE (2022)-$2.63B

In 2022, Singapore exported $266M in Furniture, bedding, lamps, & prefab buildings. The main destinations of Singapore exports on Furniture, bedding, lamps, & prefab buildings were United States ($42.1M), India ($33M), Indonesia ($26.4M), Malaysia ($17.2M), and United Kingdom ($17.1M).

In 2022, Singapore imported $2.9B in Furniture, bedding, lamps, & prefab buildings, mainly from China ($2.15B), Malaysia ($266M), United States ($72M), Italy ($63.6M), and Indonesia ($45.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$17.1M (68.5%)
India$6.08M (22.6%)
Indonesia$4.79M (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY Singapore WERE (2021 - 2022):
United Kingdom-$17.8M (-51.1%)
Canada-$7.4M (-69.2%)
Malaysia-$4.51M (-20.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, Singapore's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.1M
TOP IMPORT POTENTIALChina+ $95.2M

Furniture, bedding, lamps, & prefab buildings’s highest export potential is United States. With an export gap of $25.1M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is China with an import gap of $95.2M.

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