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Singapore Trade Summary

1998

Singapore exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SINGAPORE 1998

Overall Exports and Imports for Singapore 1998

Exports and imports of Singapore in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 109,905 million.
  • The total value of imports (CIF) was 101,732 million.
  • At the HS6 digit level, 4,681 products were exported to 138 countries and 4,767 products were imported from 135 countries.

Singapore top 5 Export and Import partners 1998

Top five countries to which Singapore exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to United States worth US$ 21,868 million, with a partner share of 19.90 percent.
  2. Singapore exports to Malaysia worth US$ 16,746 million, with a partner share of 15.24 percent.
  3. Singapore exports to Hong Kong, China worth US$ 9,221 million, with a partner share of 8.39 percent.
  4. Singapore exports to Japan worth US$ 7,231 million, with a partner share of 6.58 percent.
  5. Singapore exports to Other Asia, nes worth US$ 4,745 million, with a partner share of 4.32 percent.

Top five countries from which Singapore imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Singapore imports from United States worth US$ 18,831 million, with a partner share of 18.51 percent.
  2. Singapore imports from Japan worth US$ 17,029 million, with a partner share of 16.74 percent.
  3. Singapore imports from Malaysia worth US$ 15,723 million, with a partner share of 15.46 percent.
  4. Singapore imports from China worth US$ 4,865 million, with a partner share of 4.78 percent.
  5. Singapore imports from Thailand worth US$ 4,862 million, with a partner share of 4.78 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Singapore along with trade value are:

  1. Singapore exported Storage units, whether or not presented with th , worth 13,358,155.78 (US$ Thousands).
  2. Singapore exported Parts and accessories of automatic data process , worth 9,536,995.33 (US$ Thousands).
  3. Singapore exported Monolithic integrated circuits, nes , worth 6,786,974.21 (US$ Thousands).
  4. Singapore exported Monolithic integrated circuits, digital , worth 5,446,389.25 (US$ Thousands).
  5. Singapore exported Input or output units, whether or not presented , worth 3,194,118.91 (US$ Thousands).

The top five imported HS 6 digit level products from world by Singapore along with trade value are

  1. Singapore imported Parts and accessories of automatic data process , worth 7,482,636.80 (US$ Thousands).
  2. Singapore imported Monolithic integrated circuits, digital , worth 6,591,551.49 (US$ Thousands).
  3. Singapore imported Monolithic integrated circuits, nes , worth 6,184,778.24 (US$ Thousands).
  4. Singapore imported Petroleum oils and oils obtained from bituminou , worth 5,090,480.13 (US$ Thousands).
  5. Singapore imported Storage units, whether or not presented with th , worth 3,643,899.14 (US$ Thousands).

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Singapore in 1998 are below

  • The maximum rate of tariff in percentage on any product was 150.79 percent.
  • The simple average tariff across all products was 0.07 percent.
  • The trade weighted average tariff was 0.05 .
  • The total duty free imports in thousands of US dollars were 100,438,373.05 and duty free tariff line items share was 99.86 percent.

Development Indicators 1998

Key Development Indicators of Singapore in 1998 are below

  • Singapore GDP in current US dollar was 85,728 million.
  • GNI per capita, Atlas method (current US$) was 24,010.00 .
  • Singapore Trade balance: as % of GDP was 21.50.
  • Trade balance in current US$ was 18,428.00 million.
  • Trade as percentage of GDP was 312.08 .
  • Trade in services as percentage of GDP was 50.43 .

Trade Indicators 1998

Trade Indicators for Singapore in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 10.51.
  • World Growth in percentage was -0.47 and Singapore Country Growth was -5.62 .