2022
Exports
$2.57MWorld Rnk 66 / 167
Flag Rnk 790 / 1198
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$31.2MWorld Rnk 55 / 207
Flag Rnk 574 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.57M in Footwear Parts, making it the 66th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 790th most exported product in Singapore. The main destination of Footwear Parts exports from Singapore are: Malaysia ($1.1M), Indonesia ($300k), Argentina ($249k), Madagascar ($86.3k), and Japan ($75.8k).

The fastest growing export markets for Footwear Parts of Singapore between 2021 and 2022 were Argentina ($249k), Malaysia ($182k), and Madagascar ($51.8k).

Imports In 2022, Singapore imported $31.2M in Footwear Parts, becoming the 55th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 574th most imported product in Singapore. Singapore imports Footwear Parts primarily from: China ($28.3M), Indonesia ($856k), United States ($373k), Malaysia ($293k), and Italy ($219k).

The fastest growing import markets in Footwear Parts for Singapore between 2021 and 2022 were China ($20.5M), United States ($245k), and Indonesia ($175k).

Latest Trends

Sep 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 Footwear Parts. 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)$2.57M
IMPORTS (2022)$31.2M
NET TRADE (2022)-$28.6M

In 2022, Singapore exported $2.57M in Footwear Parts. The main destinations of Singapore exports on Footwear Parts were Malaysia ($1.1M), Indonesia ($300k), Argentina ($249k), Madagascar ($86.3k), and Japan ($75.8k).

In 2022, Singapore imported $31.2M in Footwear Parts, mainly from China ($28.3M), Indonesia ($856k), United States ($373k), Malaysia ($293k), and Italy ($219k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Argentina$249k (1%)
Malaysia$182k (19.8%)
Madagascar$51.8k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Singapore WERE (2021 - 2022):
United States-$276k (-78.6%)
Hong Kong-$155k (-77%)
Australia-$133k (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Singapore's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $262k
TOP IMPORT POTENTIALChina+ $2.99M

Footwear Parts’s highest export potential is Indonesia. With an export gap of $262k.   Footwear Parts’s highest import potential is China with an import gap of $2.99M.

See methodology.

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