Singapore: Trade Statistics
Exporter Rank
14 / 119
Importer Rank
15 / 119
Trade Balance Rank
10 / 119
Total Trade [1]
| Total Exports (2018) | $411,743,293,747 |
|---|---|
| Total Imports (2018) | $370,503,520,526 |
| Trade Balance (2018) | $41,239,773,221 |
| Exports of goods and services (% of GDP) (2018) [2] | 176.38% |
| Imports of goods and services (% of GDP) (2018) [2] | 149.82% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| China | $50,396,448,530 |
| Hong Kong | $48,665,609,481 |
| Malaysia | $44,891,022,991 |
| Indonesia | $32,949,436,102 |
| United States | $31,863,382,658 |
| Japan | $19,992,829,116 |
| South Korea | $15,653,823,462 |
| Thailand | $15,555,646,307 |
| Australia | $12,670,165,606 |
| India | $12,331,500,524 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $49,634,339,179 |
| Malaysia | $42,774,627,726 |
| United States | $42,103,028,657 |
| Japan | $22,149,228,137 |
| Indonesia | $15,211,823,233 |
| South Korea | $14,192,811,020 |
| Saudi Arabia | $12,631,328,246 |
| France | $11,425,489,239 |
| Switzerland | $10,144,364,509 |
| Germany | $10,116,608,748 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (85) Electrical Machinery | $128,784,086,126 |
| (84) Industrial Machinery | $58,728,366,510 |
| (27) Oil & Mineral Fuels | $54,026,759,166 |
| (99) Items nesoi | $26,444,975,904 |
| (90) Precision Instruments | $19,212,079,108 |
| (71) Precious Stones & Metals | $16,987,068,371 |
| (29) Organic Chemicals | $16,885,224,533 |
| (39) Plastics | $15,943,384,537 |
| (33) Cosmetics | $8,366,110,407 |
| (30) Pharmaceuticals | $8,356,180,232 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (85) Electrical Machinery | $101,603,823,833 |
| (27) Oil & Mineral Fuels | $87,875,978,262 |
| (84) Industrial Machinery | $53,090,250,461 |
| (71) Precious Stones & Metals | $20,395,517,604 |
| (90) Precision Instruments | $12,097,277,529 |
| (88) Aircraft | $11,765,818,685 |
| (39) Plastics | $8,722,820,770 |
| (29) Organic Chemicals | $6,941,692,182 |
| (87) Motor Vehicles & Parts | $5,429,300,176 |
| (38) Chemical Products | $5,155,571,992 |
Sources:
- UN Comtrade (2018) except where stated otherwise.
- The World Bank. Accessed: 9/30/2019
Singapore