2022
Exports
$1.31MWorld Rnk 48 / 174
Flag Rnk 895 / 1198
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$20.3MWorld Rnk 32 / 218
Flag Rnk 653 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.31M in Umbrellas, making it the 48th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 895th most exported product in Singapore. The main destination of Umbrellas exports from Singapore are: Canada ($292k), Australia ($176k), Indonesia ($140k), Hong Kong ($136k), and Vietnam ($77.6k).

The fastest growing export markets for Umbrellas of Singapore between 2021 and 2022 were Canada ($292k), Vietnam ($72.4k), and Seychelles ($32.7k).

Imports In 2022, Singapore imported $20.3M in Umbrellas, becoming the 32nd largest importer of Umbrellas in the world. At the same year, Umbrellas was the 653rd most imported product in Singapore. Singapore imports Umbrellas primarily from: China ($17.8M), France ($877k), Malaysia ($692k), Cambodia ($124k), and United Kingdom ($111k).

The fastest growing import markets in Umbrellas for Singapore between 2021 and 2022 were China ($10.5M), Malaysia ($450k), and France ($398k).

COMPANIES In 2023, leading companies such as Ashley Furniture (6), Tmall (2), and Xerox (1) were at the forefront of shipping Umbrellas from Singapore to the United States.

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 Umbrellas. 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)$1.31M
IMPORTS (2022)$20.3M
NET TRADE (2022)-$19M

In 2022, Singapore exported $1.31M in Umbrellas. The main destinations of Singapore exports on Umbrellas were Canada ($292k), Australia ($176k), Indonesia ($140k), Hong Kong ($136k), and Vietnam ($77.6k).

In 2022, Singapore imported $20.3M in Umbrellas, mainly from China ($17.8M), France ($877k), Malaysia ($692k), Cambodia ($124k), and United Kingdom ($111k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Canada$292k (7.31M%)
Vietnam$72.4k (1.4k%)
Seychelles$32.7k (7.31k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Singapore WERE (2021 - 2022):
Hong Kong-$74.5k (-35.5%)
Israel-$38.6k (-100%)
Australia-$31.3k (-15.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $52.5k
TOP IMPORT POTENTIALChina+ $1.73M

Umbrellas’s highest export potential is Philippines. With an export gap of $52.5k.   Umbrellas’s highest import potential is China with an import gap of $1.73M.

See methodology.

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