2022
Exports
$27.2MWorld Rnk 16 / 161
Flag Rnk 409 / 1198
2022
PRODUCT COMPLEXITY IN Pearl Products
-0.51Rnk 707 / 1025
2022
Imports
$79.2MWorld Rnk 6 / 200
Flag Rnk 370 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $27.2M in Pearl Products, making it the 16th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 409th most exported product in Singapore. The main destination of Pearl Products exports from Singapore are: Hong Kong ($5.81M), Chinese Taipei ($5.3M), China ($4.83M), India ($4.38M), and Australia ($1.31M).

The fastest growing export markets for Pearl Products of Singapore between 2021 and 2022 were Hong Kong ($3.72M), India ($1.56M), and Australia ($404k).

Imports In 2022, Singapore imported $79.2M in Pearl Products, becoming the 6th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 370th most imported product in Singapore. Singapore imports Pearl Products primarily from: Thailand ($27.5M), Hong Kong ($18.9M), China ($16M), Vietnam ($8.01M), and United States ($3.92M).

The fastest growing import markets in Pearl Products for Singapore between 2021 and 2022 were Hong Kong ($16.4M), Thailand ($9.8M), and China ($6.9M).

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 Pearl Products. 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)$27.2M
IMPORTS (2022)$79.2M
NET TRADE (2022)-$52M

In 2022, Singapore exported $27.2M in Pearl Products. The main destinations of Singapore exports on Pearl Products were Hong Kong ($5.81M), Chinese Taipei ($5.3M), China ($4.83M), India ($4.38M), and Australia ($1.31M).

In 2022, Singapore imported $79.2M in Pearl Products, mainly from Thailand ($27.5M), Hong Kong ($18.9M), China ($16M), Vietnam ($8.01M), and United States ($3.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hong Kong$3.72M (178%)
India$1.56M (55.2%)
Australia$404k (44.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Singapore WERE (2021 - 2022):
China-$2.8M (-36.7%)
Chinese Taipei-$1.87M (-26.1%)
United States-$309k (-60%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Pearl Products were:
In 2022, Singapore's main importing competitors in Pearl Products were:

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $465k
TOP IMPORT POTENTIALChina+ $2.02M

Pearl Products’s highest export potential is China. With an export gap of $465k.   Pearl Products’s highest import potential is China with an import gap of $2.02M.

See methodology.

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