2022
Exports
$2.65MWorld Rnk 25 / 138
Flag Rnk 92 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$7.42MWorld Rnk 38 / 196
Flag Rnk 94 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.65M in Silk, making it the 25th largest exporter of Silk in the world. At the same year, Silk was the 92nd most exported product in Singapore. The main destination of Silk exports from Singapore are: Malaysia ($1.28M), Indonesia ($444k), Japan ($327k), China ($242k), and Vietnam ($133k).

The fastest growing export markets for Silk of Singapore between 2021 and 2022 were Malaysia ($1.04M), Japan ($278k), and China ($231k).

Imports In 2022, Singapore imported $7.42M in Silk, becoming the 38th largest importer of Silk in the world. At the same year, Silk was the 94th most imported product in Singapore. Singapore imports Silk primarily from: India ($3.44M), China ($1.28M), Malaysia ($1.11M), Italy ($582k), and South Korea ($234k).

The fastest growing import markets in Silk for Singapore between 2021 and 2022 were India ($2.47M), China ($632k), and Malaysia ($626k).

COMPANIES In 2023, leading companies such as Teknor Apex (2) were at the forefront of shipping Silk 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 Silk. 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)$2.65M
IMPORTS (2022)$7.42M
NET TRADE (2022)-$4.77M

In 2022, Singapore exported $2.65M in Silk. The main destinations of Singapore exports on Silk were Malaysia ($1.28M), Indonesia ($444k), Japan ($327k), China ($242k), and Vietnam ($133k).

In 2022, Singapore imported $7.42M in Silk, mainly from India ($3.44M), China ($1.28M), Malaysia ($1.11M), Italy ($582k), and South Korea ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$1.04M (436%)
Japan$278k (569%)
China$231k (1.95k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Singapore WERE (2021 - 2022):
India-$457k (-97.6%)
Cambodia-$46.4k (-100%)
United Kingdom-$35.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Silk were:
In 2022, Singapore's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $76.4k
TOP IMPORT POTENTIALChina+ $454k

Silk’s highest export potential is China. With an export gap of $76.4k.   Silk’s highest import potential is China with an import gap of $454k.

See methodology.

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