2022
Exports
$210kWorld Rnk 35 / 111
Flag Rnk 1056 / 1198
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$1.94MWorld Rnk 50 / 194
Flag Rnk 1004 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $210k in Rubber Thread, making it the 35th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 1056th most exported product in Singapore. The main destination of Rubber Thread exports from Singapore are: Thailand ($142k), Egypt ($26.2k), Malaysia ($15k), Germany ($7.31k), and United States ($6.7k).

The fastest growing export markets for Rubber Thread of Singapore between 2021 and 2022 were Thailand ($90.2k), Egypt ($26.2k), and Australia ($3.06k).

Imports In 2022, Singapore imported $1.94M in Rubber Thread, becoming the 50th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 1004th most imported product in Singapore. Singapore imports Rubber Thread primarily from: China ($1.5M), United Kingdom ($194k), United States ($101k), India ($79k), and Malaysia ($22k).

The fastest growing import markets in Rubber Thread for Singapore between 2021 and 2022 were China ($1.17M), United States ($58.7k), and United Kingdom ($53.1k).

COMPANIES In 2023, leading companies such as Hyosung (3) were at the forefront of shipping Rubber Thread from Singapore to the United States.

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 Rubber Thread. 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)$210k
IMPORTS (2022)$1.94M
NET TRADE (2022)-$1.73M

In 2022, Singapore exported $210k in Rubber Thread. The main destinations of Singapore exports on Rubber Thread were Thailand ($142k), Egypt ($26.2k), Malaysia ($15k), Germany ($7.31k), and United States ($6.7k).

In 2022, Singapore imported $1.94M in Rubber Thread, mainly from China ($1.5M), United Kingdom ($194k), United States ($101k), India ($79k), and Malaysia ($22k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Thailand$90.2k (174%)
Egypt$26.2k (1%)
Australia$3.06k (261%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Singapore WERE (2021 - 2022):
Colombia-$90.9k (-100%)
United States-$74.7k (-91.8%)
Vietnam-$21.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Rubber Thread were:
In 2022, Singapore's main importing competitors in Rubber Thread were:

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $12.1k
TOP IMPORT POTENTIALMalaysia+ $72.9k

Rubber Thread’s highest export potential is Malaysia. With an export gap of $12.1k.   Rubber Thread’s highest import potential is Malaysia with an import gap of $72.9k.

See methodology.

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