2022
Exports
$2.08MWorld Rnk 25 / 118
Flag Rnk 824 / 1198
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$6.64MWorld Rnk 29 / 183
Flag Rnk 857 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.08M in Leather Machinery, making it the 25th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 824th most exported product in Singapore. The main destination of Leather Machinery exports from Singapore are: India ($1.17M), Hong Kong ($440k), Indonesia ($104k), New Zealand ($73.5k), and Thailand ($72.1k).

The fastest growing export markets for Leather Machinery of Singapore between 2021 and 2022 were Hong Kong ($53.4k), Cambodia ($42k), and Qatar ($40.6k).

Imports In 2022, Singapore imported $6.64M in Leather Machinery, becoming the 29th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 857th most imported product in Singapore. Singapore imports Leather Machinery primarily from: China ($5.77M), Germany ($241k), Chinese Taipei ($178k), Italy ($165k), and Spain ($85k).

The fastest growing import markets in Leather Machinery for Singapore between 2021 and 2022 were China ($4.6M), Germany ($181k), and Chinese Taipei ($171k).

COMPANIES In 2023, leading companies such as Reebok (17) were at the forefront of shipping Leather Machinery from Singapore to the United States.

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 Leather Machinery. 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)$2.08M
IMPORTS (2022)$6.64M
NET TRADE (2022)-$4.57M

In 2022, Singapore exported $2.08M in Leather Machinery. The main destinations of Singapore exports on Leather Machinery were India ($1.17M), Hong Kong ($440k), Indonesia ($104k), New Zealand ($73.5k), and Thailand ($72.1k).

In 2022, Singapore imported $6.64M in Leather Machinery, mainly from China ($5.77M), Germany ($241k), Chinese Taipei ($178k), Italy ($165k), and Spain ($85k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hong Kong$53.4k (13.8%)
Cambodia$42k (933%)
Qatar$40.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Singapore WERE (2021 - 2022):
India-$159k (-11.9%)
Indonesia-$80.2k (-43.6%)
Malaysia-$74.1k (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $118k
TOP IMPORT POTENTIALItaly+ $139k

Leather Machinery’s highest export potential is Indonesia. With an export gap of $118k.   Leather Machinery’s highest import potential is Italy with an import gap of $139k.

See methodology.

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