2023
Exports
$7.82MWorld Rnk 20 / 168
Flag Rnk 562 / 1202
2023
PRODUCT COMPLEXITY IN Glass Beads
0.41Rnk 409 / 1025
2023
Imports
$12.3MWorld Rnk 33 / 211
Flag Rnk 722 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $7.82M in Glass Beads, making it the 20th largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 562nd most exported product in Singapore. The main destination of Glass Beads exports from Singapore are: Japan ($2.64M), China ($2.15M), South Korea ($634k), United States ($455k), and Australia ($445k).

The fastest growing export markets for Glass Beads of Singapore between 2022 and 2023 were Australia ($405k), Japan ($219k), and Germany ($217k).

Imports In 2023, Singapore imported $12.3M in Glass Beads, becoming the 33rd largest importer of Glass Beads in the world. At the same year, Glass Beads was the 722nd most imported product in Singapore. Singapore imports Glass Beads primarily from: Austria ($6M), China ($2.93M), United States ($694k), France ($494k), and Thailand ($344k).

The fastest growing import markets in Glass Beads for Singapore between 2022 and 2023 were Austria ($836k), United States ($302k), and France ($199k).

COMPANIES In 2024, leading companies such as QVC Inc (1) were at the forefront of shipping Glass Beads from Singapore to the United States.

Latest Trends

Dec 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 Glass Beads. 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 (2023)$7.82M
IMPORTS (2023)$12.3M
NET TRADE (2023)-$4.47M

In 2023, Singapore exported $7.82M in Glass Beads. The main destinations of Singapore exports on Glass Beads were Japan ($2.64M), China ($2.15M), South Korea ($634k), United States ($455k), and Australia ($445k).

In 2023, Singapore imported $12.3M in Glass Beads, mainly from Austria ($6M), China ($2.93M), United States ($694k), France ($494k), and Thailand ($344k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Australia$405k (1.02k%)
Japan$219k (9.01%)
Germany$217k (1.59k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Singapore WERE (2022 - 2023):
Hong Kong-$1.01M (-82.2%)
China-$411k (-16%)
Qatar-$355k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Glass Beads were:
In 2023, Singapore's main importing competitors in Glass Beads were:

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $278k
TOP IMPORT POTENTIALChina+ $359k

Glass Beads’s highest export potential is United States. With an export gap of $278k.   Glass Beads’s highest import potential is China with an import gap of $359k.

See methodology.

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