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Singapore Trade Summary

2006

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 2006

Overall Exports and Imports for Singapore 2006

Exports and imports of Singapore in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 273,382 million.
  • The total value of imports (CIF) was 239,920 million.
  • At the HS6 digit level, 4,122 products were exported to 141 countries and 4,161 products were imported from 141 countries.

Singapore top 5 Export and Import partners 2006

Top five countries to which Singapore exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 35,898 million, with a partner share of 13.13 percent.
  2. Singapore exports to United States worth US$ 27,635 million, with a partner share of 10.11 percent.
  3. Singapore exports to Hong Kong, China worth US$ 27,316 million, with a partner share of 9.99 percent.
  4. Singapore exports to China worth US$ 26,496 million, with a partner share of 9.69 percent.
  5. Singapore exports to Indonesia worth US$ 25,075 million, with a partner share of 9.17 percent.

Top five countries from which Singapore imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 31,179 million, with a partner share of 13.00 percent.
  2. Singapore imports from United States worth US$ 30,279 million, with a partner share of 12.62 percent.
  3. Singapore imports from China worth US$ 27,353 million, with a partner share of 11.40 percent.
  4. Singapore imports from Japan worth US$ 20,025 million, with a partner share of 8.35 percent.
  5. Singapore imports from Other Asia, nes worth US$ 16,015 million, with a partner share of 6.68 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2006

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 US$ 33,849,147.64 million.
  2. Singapore exported Transmission apparatus, for radioteleph incorpo , worth US$ 8,982,491.03 million.
  3. Singapore exported Storage units, whether or not presented with th , worth US$ 8,336,391.30 million.
  4. Singapore exported Parts of electronic integrated circuits and mic , worth US$ 4,431,113.75 million.
  5. Singapore exported Other medicaments of mixed or unmixed products, , worth US$ 3,637,698.40 million.

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

  1. Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 24,210,692.47 million.
  2. Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 20,413,766.33 million.
  3. Singapore imported Transmission apparatus, for radioteleph incorpo , worth US$ 6,423,071.69 million.
  4. Singapore imported Aircraft parts nes , worth US$ 3,354,462.68 million.
  5. Singapore imported Storage units, whether or not presented with th , worth US$ 2,936,568.08 million.

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Singapore in 2006 are below

  • The maximum rate of tariff in percentage on any product was 107.14 percent.
  • The simple average tariff across all products was 0.05 percent.
  • The trade weighted average tariff was 0.02 .
  • The total duty free imports in thousands of US dollars were 233,908,298.36 and duty free tariff line items share was 99.90 percent.

Development Indicators 2006

Key Development Indicators of Singapore in 2006 are below

  • Singapore GDP in current US dollar was 148,627 million.
  • GNI per capita, Atlas method (current US$) was 32,550.00 .
  • Singapore Trade balance: as % of GDP was 30.71.
  • Trade balance in current US$ was 45,646.00 million.
  • Trade as percentage of GDP was 425.36 .
  • Trade in services as percentage of GDP was 82.98 .

Trade Indicators 2006

Trade Indicators for Singapore in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.32.
  • World Growth in percentage was 7.64 and Singapore Country Growth was 7.19 .