2022
Exports
$24.8MWorld Rnk 12 / 163
Flag Rnk 424 / 1198
2022
PRODUCT COMPLEXITY IN Laboratory Glassware
0.58Rnk 327 / 1025
2022
Imports
$112MWorld Rnk 3 / 212
Flag Rnk 302 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $24.8M in Laboratory Glassware, making it the 12th largest exporter of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 424th most exported product in Singapore. The main destination of Laboratory Glassware exports from Singapore are: China ($10.2M), India ($5.72M), South Korea ($2.64M), Chinese Taipei ($982k), and Indonesia ($865k).

The fastest growing export markets for Laboratory Glassware of Singapore between 2021 and 2022 were China ($2.27M), South Korea ($1.08M), and India ($1.05M).

Imports In 2022, Singapore imported $112M in Laboratory Glassware, becoming the 3rd largest importer of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 302nd most imported product in Singapore. Singapore imports Laboratory Glassware primarily from: Laos ($51.6M), United States ($20.9M), Sweden ($12.7M), Netherlands ($8M), and Japan ($7.48M).

The fastest growing import markets in Laboratory Glassware for Singapore between 2021 and 2022 were Laos ($40.6M), United States ($4.86M), and China ($1.93M).

Latest Trends

Oct 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 Laboratory Glassware. 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)$24.8M
IMPORTS (2022)$112M
NET TRADE (2022)-$86.9M

In 2022, Singapore exported $24.8M in Laboratory Glassware. The main destinations of Singapore exports on Laboratory Glassware were China ($10.2M), India ($5.72M), South Korea ($2.64M), Chinese Taipei ($982k), and Indonesia ($865k).

In 2022, Singapore imported $112M in Laboratory Glassware, mainly from Laos ($51.6M), United States ($20.9M), Sweden ($12.7M), Netherlands ($8M), and Japan ($7.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Glassware EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$2.27M (28.6%)
South Korea$1.08M (69.6%)
India$1.05M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Glassware BY Singapore WERE (2021 - 2022):
Chinese Taipei-$376k (-27.7%)
Japan-$323k (-35.7%)
Australia-$113k (-42.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Laboratory Glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $417k
TOP IMPORT POTENTIALChina+ $1.72M

Laboratory Glassware’s highest export potential is United States. With an export gap of $417k.   Laboratory Glassware’s highest import potential is China with an import gap of $1.72M.

See methodology.

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