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: 9/11/2023
Singapore