Home breadcru News breadcru Trade breadcru  | Singapore's apparel imports from China dip slightly in 2023

Prime Content | 
Singapore's apparel imports from China dip slightly in 2023

13 Dec '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • From January to October 2023, Singapore imported apparel from China worth $****.*** million, a minor decrease of *.* per cent from the same period in 2022.
  • Despite this slight decline, China maintained its position as Singapore's leading apparel supplier, contributing *.* per cent to Singapore's total apparel imports valued at $*,***.*** million.

*.*pt"> Singapore&#**;s apparel imports from China totalled $***.*** million during January-October ****, a figure slightly lower than the shipments recorded in the corresponding period of ****. Nonetheless, China remained the largest apparel supplier to the partner country, commanding a market share of **.** per cent during the period under review. 

*.*pt"> Recently, China signed an upgraded free trade agreement (FTA) with Singapore to further enhance bilateral trade and investment liberalisation. Both countries agreed to liberalise services and investment using a negative list approach, thereby expanding market opportunities for investors and service providers from both nations. 

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!