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2022
Exports $307kWorld Rnk 50 / 92
Flag Rnk 1030 / 1198
2022
Destination $40.1k India
2021 - 2022
FASTEST GROWING MARKET $40.1kThailand
2022
PRODUCT COMPLEXITY IN Looms0.9Rnk 209 / 1025
2022
Imports $1.44MWorld Rnk 69 / 159
Flag Rnk 1024 / 1213
2022
Origin $740k China
2021 - 2022
FASTEST GROWING ORIGIN $740kChina
2022
ECONOMIC COMPLEXITY of Singapore1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $307k in Looms, making it the 50th largest exporter of Looms in the world. At the same year, Looms was the 1030th most exported product in Singapore. The main destination of Looms exports from Singapore are: India ($228k), Thailand ($40.5k), Canada ($10.1k), Philippines ($9.73k), and Vietnam ($9.05k).

The fastest growing export markets for Looms of Singapore between 2021 and 2022 were Thailand ($40.1k), Canada ($10.1k), and Philippines ($6.35k).

Imports In 2022, Singapore imported $1.44M in Looms, becoming the 69th largest importer of Looms in the world. At the same year, Looms was the 1024th most imported product in Singapore. Singapore imports Looms primarily from: China ($1.14M), United States ($223k), Malaysia ($59k), Germany ($8.71k), and Netherlands ($4.36k).

The fastest growing import markets in Looms for Singapore between 2021 and 2022 were China ($740k), United States ($213k), and Malaysia ($58.8k).

Latest Trends

Jul 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 Looms. 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)$307k
IMPORTS (2022)$1.44M
NET TRADE (2022)-$1.13M

In 2022, Singapore exported $307k in Looms. The main destinations of Singapore exports on Looms were India ($228k), Thailand ($40.5k), Canada ($10.1k), Philippines ($9.73k), and Vietnam ($9.05k).

In 2022, Singapore imported $1.44M in Looms, mainly from China ($1.14M), United States ($223k), Malaysia ($59k), Germany ($8.71k), and Netherlands ($4.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Thailand$40.1k (8.91k%)
Canada$10.1k (1%)
Philippines$6.35k (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Singapore WERE (2021 - 2022):
India-$139k (-37.9%)
Vietnam-$52.8k (-85.4%)
Malaysia-$15.7k (-73.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Looms were:
Belgium $706M
China $609M
Japan $358M
In 2022, Singapore's main importing competitors in Looms were:
India $694M
Turkey $290M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $128k
TOP IMPORT POTENTIALChina+ $336k

Looms’s highest export potential is India. With an export gap of $128k.   Looms’s highest import potential is China with an import gap of $336k.

See methodology.

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