2022
Exports
$8.53MWorld Rnk 32 / 165
Flag Rnk 87 / 96
2022
PRODUCT COMPLEXITY IN Furskins, articifial fur, & articles
-0.18Rnk 610 / 1025
2022
Imports
$11.9MWorld Rnk 35 / 191
Flag Rnk 93 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $8.53M in Furskins, articifial fur, & articles, making it the 32nd largest exporter of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 87th most exported product in Singapore. The main destination of Furskins, articifial fur, & articles exports from Singapore are: Japan ($3.48M), Philippines ($1.76M), Australia ($555k), Thailand ($539k), and Indonesia ($299k).

The fastest growing export markets for Furskins, articifial fur, & articles of Singapore between 2021 and 2022 were Japan ($1.6M), Philippines ($725k), and Thailand ($430k).

Imports In 2022, Singapore imported $11.9M in Furskins, articifial fur, & articles, becoming the 35th largest importer of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 93rd most imported product in Singapore. Singapore imports Furskins, articifial fur, & articles primarily from: France ($5.81M), Italy ($2.69M), Poland ($537k), China ($464k), and Turkey ($449k).

The fastest growing import markets in Furskins, articifial fur, & articles for Singapore between 2021 and 2022 were France ($2.7M), Poland ($370k), and Hong Kong ($338k).

COMPANIES In 2023, leading companies such as ASOS (10), Chicken of the Sea (1), and Lawrence Wholesale (1) were at the forefront of shipping Furskins, articifial fur, & articles 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 Furskins, articifial fur, & articles. 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)$8.53M
IMPORTS (2022)$11.9M
NET TRADE (2022)-$3.37M

In 2022, Singapore exported $8.53M in Furskins, articifial fur, & articles. The main destinations of Singapore exports on Furskins, articifial fur, & articles were Japan ($3.48M), Philippines ($1.76M), Australia ($555k), Thailand ($539k), and Indonesia ($299k).

In 2022, Singapore imported $11.9M in Furskins, articifial fur, & articles, mainly from France ($5.81M), Italy ($2.69M), Poland ($537k), China ($464k), and Turkey ($449k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskins, articifial fur, & articles EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$1.6M (85.4%)
Philippines$725k (70.1%)
Thailand$430k (396%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskins, articifial fur, & articles BY Singapore WERE (2021 - 2022):
Brunei-$262k (-98.3%)
New Zealand-$118k (-60.5%)
Hong Kong-$73.7k (-30.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Furskins, articifial fur, & articles were:
China $1.47B
Italy $361M
In 2022, Singapore's main importing competitors in Furskins, articifial fur, & articles were:

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Trade Value of Furskins, articifial fur, & articles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $153k
TOP IMPORT POTENTIALChina+ $643k

Furskins, articifial fur, & articles’s highest export potential is China. With an export gap of $153k.   Furskins, articifial fur, & articles’s highest import potential is China with an import gap of $643k.

See methodology.

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