2022
Exports
$11.3MWorld Rnk 52 / 186
Flag Rnk 549 / 1198
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$109MWorld Rnk 15 / 216
Flag Rnk 308 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $11.3M in Wood Crates, making it the 52nd largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 549th most exported product in Singapore. The main destination of Wood Crates exports from Singapore are: Malaysia ($4.21M), Netherlands ($3.79M), United States ($743k), Philippines ($456k), and Thailand ($320k).

The fastest growing export markets for Wood Crates of Singapore between 2021 and 2022 were Netherlands ($3.21M), Malaysia ($637k), and Chinese Taipei ($123k).

Imports In 2022, Singapore imported $109M in Wood Crates, becoming the 15th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 308th most imported product in Singapore. Singapore imports Wood Crates primarily from: Malaysia ($97.6M), China ($4.59M), Vietnam ($1.04M), United States ($797k), and France ($779k).

The fastest growing import markets in Wood Crates for Singapore between 2021 and 2022 were Malaysia ($9.99M), France ($529k), and Vietnam ($453k).

COMPANIES In 2023, leading companies such as At Home Procurement (2) were at the forefront of shipping Wood Crates 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 Wood Crates. 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)$11.3M
IMPORTS (2022)$109M
NET TRADE (2022)-$98.2M

In 2022, Singapore exported $11.3M in Wood Crates. The main destinations of Singapore exports on Wood Crates were Malaysia ($4.21M), Netherlands ($3.79M), United States ($743k), Philippines ($456k), and Thailand ($320k).

In 2022, Singapore imported $109M in Wood Crates, mainly from Malaysia ($97.6M), China ($4.59M), Vietnam ($1.04M), United States ($797k), and France ($779k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Netherlands$3.21M (558%)
Malaysia$637k (17.9%)
Chinese Taipei$123k (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Singapore WERE (2021 - 2022):
United States-$1.26M (-62.8%)
Thailand-$1.16M (-78.4%)
United Kingdom-$274k (-91.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Wood Crates were:
In 2022, Singapore's main importing competitors in Wood Crates were:

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $500k
TOP IMPORT POTENTIALChina+ $1.59M

Wood Crates’s highest export potential is United States. With an export gap of $500k.   Wood Crates’s highest import potential is China with an import gap of $1.59M.

See methodology.

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