2022
Exports
$75.8kWorld Rnk 89 / 152
Flag Rnk 1109 / 1198
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$3MWorld Rnk 45 / 197
Flag Rnk 964 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $75.8k in Granite, making it the 89th largest exporter of Granite in the world. At the same year, Granite was the 1109th most exported product in Singapore. The main destination of Granite exports from Singapore are: Australia ($34.1k), Malaysia ($21.1k), Indonesia ($13.4k), Brunei ($2.89k), and Thailand ($2.32k).

The fastest growing export markets for Granite of Singapore between 2021 and 2022 were Australia ($33k), Malaysia ($19.5k), and Brunei ($2.89k).

Imports In 2022, Singapore imported $3M in Granite, becoming the 45th largest importer of Granite in the world. At the same year, Granite was the 964th most imported product in Singapore. Singapore imports Granite primarily from: China ($1.96M), Malaysia ($665k), India ($115k), Japan ($62.4k), and Indonesia ($49.8k).

The fastest growing import markets in Granite for Singapore between 2021 and 2022 were China ($1.31M), India ($71.8k), and Japan ($57.5k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (1) were at the forefront of shipping Granite from Singapore to the United States.

Latest Trends

Sep 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 Granite. 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)$75.8k
IMPORTS (2022)$3M
NET TRADE (2022)-$2.93M

In 2022, Singapore exported $75.8k in Granite. The main destinations of Singapore exports on Granite were Australia ($34.1k), Malaysia ($21.1k), Indonesia ($13.4k), Brunei ($2.89k), and Thailand ($2.32k).

In 2022, Singapore imported $3M in Granite, mainly from China ($1.96M), Malaysia ($665k), India ($115k), Japan ($62.4k), and Indonesia ($49.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Australia$33k (2.95k%)
Malaysia$19.5k (1.25k%)
Brunei$2.89k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Singapore WERE (2021 - 2022):
Maldives-$480k (-99.9%)
China-$13.4k (-99.5%)
Mozambique-$11.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.57k
TOP IMPORT POTENTIALIndia+ $247k

Granite’s highest export potential is United States. With an export gap of $3.57k.   Granite’s highest import potential is India with an import gap of $247k.

See methodology.

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