2022
Exports
$567MWorld Rnk 43 / 222
Flag Rnk 75 / 1198
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$1.75BWorld Rnk 23 / 225
Flag Rnk 30 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $567M in Insulated Wire, making it the 43rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 75th most exported product in Singapore. The main destination of Insulated Wire exports from Singapore are: Indonesia ($83.3M), Malaysia ($80.5M), Chinese Taipei ($52.4M), United States ($44.4M), and Philippines ($43.6M).

The fastest growing export markets for Insulated Wire of Singapore between 2021 and 2022 were Chinese Taipei ($42.3M), China ($13.9M), and India ($6.94M).

Imports In 2022, Singapore imported $1.75B in Insulated Wire, becoming the 23rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 30th most imported product in Singapore. Singapore imports Insulated Wire primarily from: China ($578M), Malaysia ($226M), United States ($222M), Indonesia ($207M), and Vietnam ($79M).

The fastest growing import markets in Insulated Wire for Singapore between 2021 and 2022 were China ($79.2M), United States ($56M), and Malaysia ($10.4M).

COMPANIES In 2023, leading companies such as TE Connectivity (8), Cloud Network Technology (3), and StarTech (3) were at the forefront of shipping Insulated Wire 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 Insulated Wire. 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)$567M
IMPORTS (2022)$1.75B
NET TRADE (2022)-$1.18B

In 2022, Singapore exported $567M in Insulated Wire. The main destinations of Singapore exports on Insulated Wire were Indonesia ($83.3M), Malaysia ($80.5M), Chinese Taipei ($52.4M), United States ($44.4M), and Philippines ($43.6M).

In 2022, Singapore imported $1.75B in Insulated Wire, mainly from China ($578M), Malaysia ($226M), United States ($222M), Indonesia ($207M), and Vietnam ($79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Chinese Taipei$42.3M (419%)
China$13.9M (60.3%)
India$6.94M (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Singapore WERE (2021 - 2022):
Malaysia-$57.6M (-41.7%)
Thailand-$31.5M (-63.8%)
Indonesia-$24.7M (-22.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29M
TOP IMPORT POTENTIALChina+ $79.1M

Insulated Wire’s highest export potential is United States. With an export gap of $29M.   Insulated Wire’s highest import potential is China with an import gap of $79.1M.

See methodology.

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