2022
Exports
$3.81MWorld Rnk 47 / 180
Flag Rnk 722 / 1198
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$31.4MWorld Rnk 42 / 215
Flag Rnk 571 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $3.81M in Tufted Carpets, making it the 47th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 722nd most exported product in Singapore. The main destination of Tufted Carpets exports from Singapore are: India ($1.41M), Fiji ($344k), Indonesia ($227k), Japan ($222k), and Vietnam ($211k).

The fastest growing export markets for Tufted Carpets of Singapore between 2021 and 2022 were India ($447k), Fiji ($337k), and Japan ($185k).

Imports In 2022, Singapore imported $31.4M in Tufted Carpets, becoming the 42nd largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 571st most imported product in Singapore. Singapore imports Tufted Carpets primarily from: China ($21.4M), Thailand ($2.06M), Malaysia ($1.01M), France ($832k), and Belgium ($788k).

The fastest growing import markets in Tufted Carpets for Singapore between 2021 and 2022 were China ($7.77M), France ($257k), and Nepal ($205k).

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 Tufted Carpets. 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)$3.81M
IMPORTS (2022)$31.4M
NET TRADE (2022)-$27.6M

In 2022, Singapore exported $3.81M in Tufted Carpets. The main destinations of Singapore exports on Tufted Carpets were India ($1.41M), Fiji ($344k), Indonesia ($227k), Japan ($222k), and Vietnam ($211k).

In 2022, Singapore imported $31.4M in Tufted Carpets, mainly from China ($21.4M), Thailand ($2.06M), Malaysia ($1.01M), France ($832k), and Belgium ($788k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$447k (46.5%)
Fiji$337k (4.59k%)
Japan$185k (495%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Singapore WERE (2021 - 2022):
Malaysia-$502k (-70.7%)
Sri Lanka-$112k (-68%)
United Kingdom-$105k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Tufted Carpets were:
In 2022, Singapore's main importing competitors in Tufted Carpets were:

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $210k
TOP IMPORT POTENTIALIndia+ $1.04M

Tufted Carpets’s highest export potential is United States. With an export gap of $210k.   Tufted Carpets’s highest import potential is India with an import gap of $1.04M.

See methodology.

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