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Singapore Trade Summary

2007

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 2007

Overall Exports and Imports for Singapore 2007

Exports and imports of Singapore in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 301,595 million.
  • The total value of imports (CIF) was 264,766 million.
  • At the HS6 digit level, 4,181 products were exported to 146 countries and 4,229 products were imported from 146 countries.

Singapore top 5 Export and Import partners 2007

Top five countries to which Singapore exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 38,894 million, with a partner share of 12.90 percent.
  2. Singapore exports to Hong Kong, China worth US$ 31,462 million, with a partner share of 10.43 percent.
  3. Singapore exports to Indonesia worth US$ 29,614 million, with a partner share of 9.82 percent.
  4. Singapore exports to China worth US$ 28,927 million, with a partner share of 9.59 percent.
  5. Singapore exports to United States worth US$ 26,675 million, with a partner share of 8.84 percent.

Top five countries from which Singapore imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 34,443 million, with a partner share of 13.01 percent.
  2. Singapore imports from United States worth US$ 32,705 million, with a partner share of 12.35 percent.
  3. Singapore imports from China worth US$ 31,968 million, with a partner share of 12.07 percent.
  4. Singapore imports from Japan worth US$ 21,802 million, with a partner share of 8.23 percent.
  5. Singapore imports from Other Asia, nes worth US$ 15,551 million, with a partner share of 5.87 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2007

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 US$ 54,604,260.00 million.
  2. Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 39,696,721.53 million.
  3. Singapore exported Parts of printing machinery & machines for uses , worth US$ 18,497,733.81 million.
  4. Singapore exported Transmission apparatus, for radioteleph incorpo , worth US$ 7,381,569.09 million.
  5. Singapore exported Parts of electronic integrated circuits and mic , worth US$ 6,929,243.40 million.

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 US$ 43,945,803.67 million.
  2. Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 29,888,724.30 million.
  3. Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 22,482,353.90 million.
  4. Singapore imported Parts of printing machinery & machines for uses , worth US$ 11,900,841.25 million.
  5. Singapore imported Transmission apparatus, for radioteleph incorpo , worth US$ 6,820,968.88 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Singapore in 2007 are below

  • The maximum rate of tariff in percentage on any product was 108.42 percent.
  • The simple average tariff across all products was 0.04 percent.
  • The trade weighted average tariff was 0.01 .
  • The total duty free imports in thousands of US dollars were 256,177,797.57 and duty free tariff line items share was 99.93 percent.

Development Indicators 2007

Key Development Indicators of Singapore in 2007 are below

  • Singapore GDP in current US dollar was 180,942 million.
  • GNI per capita, Atlas method (current US$) was 36,010.00 .
  • Singapore Trade balance: as % of GDP was 31.27.
  • Trade balance in current US$ was 56,581.00 million.
  • Trade as percentage of GDP was 394.29 .
  • Trade in services as percentage of GDP was 82.12 .

Trade Indicators 2007

Trade Indicators for Singapore in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.89.
  • World Growth in percentage was 7.58 and Singapore Country Growth was 4.77 .