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Singapore Trade Summary

2005

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 2005

Overall Exports and Imports for Singapore 2005

Exports and imports of Singapore in 2005 are below, along with number of countries and products

  • The total value of exports (FoB) was 230,344 million.
  • The total value of imports (CIF) was 200,724 million.
  • At the HS6 digit level, 4,134 products were exported to 142 countries and 4,173 products were imported from 140 countries.

Singapore top 5 Export and Import partners 2005

Top five countries to which Singapore exported in 2005 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 30,568 million, with a partner share of 13.27 percent.
  2. Singapore exports to United States worth US$ 23,871 million, with a partner share of 10.36 percent.
  3. Singapore exports to Indonesia worth US$ 22,432 million, with a partner share of 9.74 percent.
  4. Singapore exports to Hong Kong, China worth US$ 21,538 million, with a partner share of 9.35 percent.
  5. Singapore exports to China worth US$ 19,757 million, with a partner share of 8.58 percent.

Top five countries from which Singapore imported goods in 2005 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 27,336 million, with a partner share of 13.62 percent.
  2. Singapore imports from United States worth US$ 23,490 million, with a partner share of 11.70 percent.
  3. Singapore imports from China worth US$ 20,549 million, with a partner share of 10.24 percent.
  4. Singapore imports from Japan worth US$ 19,247 million, with a partner share of 9.59 percent.
  5. Singapore imports from Other Asia, nes worth US$ 13,326 million, with a partner share of 6.64 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2005

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

  1. Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth 26,560,599.36 (US$ Thousands).
  2. Singapore exported Storage units, whether or not presented with th , worth 10,200,112.14 (US$ Thousands).
  3. Singapore exported Transmission apparatus, for radioteleph incorpo , worth 6,868,940.44 (US$ Thousands).
  4. Singapore exported Parts of electronic integrated circuits and mic , worth 3,520,202.54 (US$ Thousands).
  5. Singapore exported Parts suitable for use solely or princ with the , worth 2,169,822.44 (US$ Thousands).

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

  1. Singapore imported Petroleum oils and oils obtained from bituminou , worth 18,504,434.08 (US$ Thousands).
  2. Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth 16,826,268.00 (US$ Thousands).
  3. Singapore imported Transmission apparatus, for radioteleph incorpo , worth 4,856,198.00 (US$ Thousands).
  4. Singapore imported Aircraft parts nes , worth 2,603,311.51 (US$ Thousands).
  5. Singapore imported Storage units, whether or not presented with th , worth 2,496,865.25 (US$ Thousands).

Exports and Imports of Product Groups 2005

Exports and imports of products by stages of processing in 2005 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2005

Tariffs imposed by Singapore in 2005 are below

  • The maximum rate of tariff in percentage on any product was 108.38 percent.
  • The simple average tariff across all products was 0.05 percent.
  • The trade weighted average tariff was 0.03 .
  • The total duty free imports in thousands of US dollars were 198,207,442.57 and duty free tariff line items share was 99.90 percent.

Development Indicators 2005

Key Development Indicators of Singapore in 2005 are below

  • Singapore GDP in current US dollar was 127,808 million.
  • GNI per capita, Atlas method (current US$) was 28,830.00 .
  • Singapore Trade balance: as % of GDP was 29.89.
  • Trade balance in current US$ was 38,200.00 million.
  • Trade as percentage of GDP was 420.43 .
  • Trade in services as percentage of GDP was 78.76 .

Trade Indicators 2005

Trade Indicators for Singapore in 2005 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.24.
  • World Growth in percentage was 6.13 and Singapore Country Growth was 7.83 .