Singapore: Trade Statistics
Exporter Rank
14 / 138
Importer Rank
15 / 138
Trade Balance Rank
13 / 138
Total Trade [1]
Total Exports (2021) | $457,081,283,281 |
---|---|
Total Imports (2021) | $406,318,349,182 |
Trade Balance (2021) | $50,762,934,099 |
Exports of goods and services (% of GDP) (2022) [2] | 186.55% |
Imports of goods and services (% of GDP) (2022) [2] | 150.31% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
Country | Export USD$ |
---|---|
China | $67,688,609,088 |
Hong Kong | $60,095,748,750 |
Malaysia | $42,094,240,813 |
United States | $39,283,071,619 |
Indonesia | $28,776,343,096 |
South Korea | $19,683,527,518 |
Japan | $18,339,334,343 |
Vietnam | $15,657,349,969 |
Thailand | $15,608,782,423 |
Australia | $13,027,304,316 |
Import Partners
Top 10 Import Countries
Country | Import USD$ |
---|---|
China | $54,569,845,689 |
Malaysia | $53,689,200,977 |
United States | $40,542,803,047 |
South Korea | $22,178,330,615 |
Japan | $21,787,674,580 |
Indonesia | $15,201,317,832 |
United Arab Emirates | $12,537,312,623 |
France | $11,513,296,928 |
Germany | $10,285,112,453 |
Thailand | $9,797,749,339 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
HS Code | Export USD$ |
---|---|
(85) Electrical Machinery | $166,996,608,487 |
(84) Industrial Machinery | $69,176,717,783 |
(27) Oil & Mineral Fuels | $45,936,654,418 |
(99) Items nesoi | $24,562,111,080 |
(90) Precision Instruments | $22,332,517,426 |
(71) Precious Stones & Metals | $21,100,604,750 |
(39) Plastics | $15,903,660,015 |
(29) Organic Chemicals | $13,745,052,958 |
(33) Cosmetics | $10,386,826,183 |
(30) Pharmaceuticals | $10,262,686,226 |
Top 10 Import Goods
HS Code | Import USD$ |
---|---|
(85) Electrical Machinery | $137,865,678,841 |
(27) Oil & Mineral Fuels | $75,397,835,931 |
(84) Industrial Machinery | $59,912,023,773 |
(71) Precious Stones & Metals | $21,516,338,026 |
(90) Precision Instruments | $14,764,525,381 |
(29) Organic Chemicals | $8,982,350,233 |
(39) Plastics | $8,303,390,906 |
(38) Chemical Products | $5,402,292,247 |
(88) Aircraft | $4,991,678,683 |
(99) Items nesoi | $4,849,653,573 |
Sources:
- UN Comtrade (2021) except where stated otherwise.
- The World Bank. Accessed: 10/8/2023
Singapore