Singapore Trade Summary

2008 Data

Singapore exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 341,079
No. Of products: 4,185
No. Of partners: 145
Importsmore »
Imports (in US$ Mil): 323,020
No. Of products: 4,216
No. Of partners: 147

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...60,761,991.88
Monolithic integrate ...39,241,475.73
Monolithic integrate ...17,646,723.31
Parts and accessorie ...14,743,054.21
Storage units, wheth ...6,583,381.27
Imports (US$ Thousands)
Petroleum oils, etc, ...50,792,646.33
Petroleum oils and o ...36,364,651.42
Monolithic integrate ...34,918,533.72
Parts and accessorie ...11,796,498.52
Monolithic integrate ...7,969,182.49

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Malaysia41,145 12.06
Indonesia36,770 10.78
Hong Kong, China35,169 10.31
China31,085 9.11
United States24,170 7.09
Exporter Trade (US$ Mil) Partner share(%)
Malaysia38,183 11.82
United States37,919 11.74
China33,797 10.46
Japan26,416 8.18
Korea, Rep.18,135 5.61

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,316 0.68 40,357 12.49 0.00
Intermediate goods47,729 13.99 43,561 13.49 0.00
Consumer goods93,647 27.46 84,979 26.31 0.17
Capital goods169,369 49.66 142,826 44.22 0.00

Trade Indicators

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HH Market concentration index: 0.05
Index of export market penetration: 13.80
World Growth: 7.44
Country Growth: 6.48

Tariffs

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No Of Tariff Agreement: 13
Maximum Rate (%): 413.87
Simple Average (%): 0.15
Weighted Average (%): 0.05
Duty Free Imports (US$ Thousand): 310,586,729.88
Duty Free Tariff Lines Share (%): 99.91

Development Indicators

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GDP (current US$): 193,612
GNI per capita, Atlas method (current US$): 37,230.00
Trade Balance (% of GDP): 20.66
Trade Balance (current US$ Mil): 40,001.00
Trade in services (% of GDP): 92.83
Trade (% of GDP): 437.33