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Singapore Trade Summary

2002

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 2002

Overall Exports and Imports for Singapore 2002

Exports and imports of Singapore in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 125,177 million.
  • The total value of imports (CIF) was 116,441 million.
  • At the HS6 digit level, 4,618 products were exported to 211 countries and 4,692 products were imported from 200 countries.

Singapore top 5 Export and Import partners 2002

Top five countries to which Singapore exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 21,805 million, with a partner share of 17.42 percent.
  2. Singapore exports to United States worth US$ 19,094 million, with a partner share of 15.25 percent.
  3. Singapore exports to Hong Kong, China worth US$ 11,457 million, with a partner share of 9.15 percent.
  4. Singapore exports to Japan worth US$ 8,940 million, with a partner share of 7.14 percent.
  5. Singapore exports to China worth US$ 6,859 million, with a partner share of 5.48 percent.

Top five countries from which Singapore imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 21,214 million, with a partner share of 18.22 percent.
  2. Singapore imports from United States worth US$ 16,600 million, with a partner share of 14.26 percent.
  3. Singapore imports from Japan worth US$ 14,578 million, with a partner share of 12.52 percent.
  4. Singapore imports from China worth US$ 8,862 million, with a partner share of 7.61 percent.
  5. Singapore imports from Thailand worth US$ 5,409 million, with a partner share of 4.65 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2002

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

  1. Singapore exported Monolithic integrated circuits, nes , worth 13,551,614.27 (US$ Thousands).
  2. Singapore exported Storage units, whether or not presented with th , worth 10,846,588.96 (US$ Thousands).
  3. Singapore exported Parts and accessories of automatic data process , worth 9,438,101.95 (US$ Thousands).
  4. Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth 9,093,468.24 (US$ Thousands).
  5. Singapore exported Hybrid integrated circuits , worth 6,158,584.36 (US$ Thousands).

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

  1. Singapore imported Monolithic integrated circuits, nes , worth 12,525,382.32 (US$ Thousands).
  2. Singapore imported Parts and accessories of automatic data process , worth 8,832,506.59 (US$ Thousands).
  3. Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth 7,792,246.50 (US$ Thousands).
  4. Singapore imported Petroleum oils and oils obtained from bituminou , worth 7,380,677.61 (US$ Thousands).
  5. Singapore imported Monolithic integrated circuits, digital , worth 5,123,899.99 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Singapore in 2002 are below

  • The maximum rate of tariff in percentage on any product was 119.05 percent.
  • The simple average tariff across all products was 0.06 percent.
  • The trade weighted average tariff was 0.04 .
  • The total duty free imports in thousands of US dollars were 115,037,507.62 and duty free tariff line items share was 99.72 percent.

Development Indicators 2002

Key Development Indicators of Singapore in 2002 are below

  • Singapore GDP in current US dollar was 92,538 million.
  • GNI per capita, Atlas method (current US$) was 22,000.00 .
  • Singapore Trade balance: as % of GDP was 18.43.
  • Trade balance in current US$ was 17,051.00 million.
  • Trade as percentage of GDP was 349.75 .
  • Trade in services as percentage of GDP was 66.21 .

Trade Indicators 2002

Trade Indicators for Singapore in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 12.47.
  • World Growth in percentage was 3.38 and Singapore Country Growth was 2.85 .