2022
Exports
$21.7MWorld Rnk 50 / 207
Flag Rnk 447 / 1198
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$118MWorld Rnk 31 / 221
Flag Rnk 291 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $21.7M in Knit Men's Suits, making it the 50th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 447th most exported product in Singapore. The main destination of Knit Men's Suits exports from Singapore are: Malaysia ($3.64M), Japan ($2.71M), Vietnam ($1.84M), Hong Kong ($1.7M), and United States ($1.61M).

The fastest growing export markets for Knit Men's Suits of Singapore between 2021 and 2022 were Malaysia ($1.88M), India ($841k), and Qatar ($508k).

Imports In 2022, Singapore imported $118M in Knit Men's Suits, becoming the 31st largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 291st most imported product in Singapore. Singapore imports Knit Men's Suits primarily from: China ($75.7M), Bangladesh ($5.7M), Poland ($5.62M), Malaysia ($5.2M), and Vietnam ($4.54M).

The fastest growing import markets in Knit Men's Suits for Singapore between 2021 and 2022 were China ($22.6M), Poland ($5.58M), and Malaysia ($2.36M).

COMPANIES In 2023, leading companies such as Adidas (12), H&M Clothing (4), and QVC Inc (3) were at the forefront of shipping Knit Men's Suits 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 Knit Men's Suits. 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)$21.7M
IMPORTS (2022)$118M
NET TRADE (2022)-$95.8M

In 2022, Singapore exported $21.7M in Knit Men's Suits. The main destinations of Singapore exports on Knit Men's Suits were Malaysia ($3.64M), Japan ($2.71M), Vietnam ($1.84M), Hong Kong ($1.7M), and United States ($1.61M).

In 2022, Singapore imported $118M in Knit Men's Suits, mainly from China ($75.7M), Bangladesh ($5.7M), Poland ($5.62M), Malaysia ($5.2M), and Vietnam ($4.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$1.88M (106%)
India$841k (125%)
Qatar$508k (398%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Singapore WERE (2021 - 2022):
Netherlands-$1.51M (-93.1%)
Japan-$897k (-24.9%)
Australia-$888k (-78.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Knit Men's Suits were:
In 2022, Singapore's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $689k
TOP IMPORT POTENTIALBangladesh+ $5.47M

Knit Men's Suits’s highest export potential is Malaysia. With an export gap of $689k.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $5.47M.

See methodology.

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