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Singapore Trade Summary

2011

Singapore exports, imports, tariff by year.
Singapore monthly trade data
Singapore quarterly trade data

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 2011

Overall Exports and Imports for Singapore 2011

Exports and imports of Singapore in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 416,289 million.
  • The total value of imports (CIF) was 372,640 million.
  • At the HS6 digit level, 4,290 products were exported to 197 countries and 4,337 products were imported from 199 countries.

Singapore top 5 Export and Import partners 2011

Top five countries to which Singapore exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 50,999 million, with a partner share of 12.25 percent.
  2. Singapore exports to Indonesia worth US$ 45,330 million, with a partner share of 10.89 percent.
  3. Singapore exports to Hong Kong, China worth US$ 45,053 million, with a partner share of 10.82 percent.
  4. Singapore exports to China worth US$ 42,693 million, with a partner share of 10.26 percent.
  5. Singapore exports to United States worth US$ 22,205 million, with a partner share of 5.33 percent.

Top five countries from which Singapore imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 39,185 million, with a partner share of 10.52 percent.
  2. Singapore imports from United States worth US$ 39,011 million, with a partner share of 10.47 percent.
  3. Singapore imports from China worth US$ 38,263 million, with a partner share of 10.27 percent.
  4. Singapore imports from Japan worth US$ 27,030 million, with a partner share of 7.25 percent.
  5. Singapore imports from Korea, Rep. worth US$ 22,014 million, with a partner share of 5.91 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2011

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$ 79,210,705.74 million.
  2. Singapore exported Monolithic integrated circuits, digital , worth US$ 35,805,443.61 million.
  3. Singapore exported Monolithic integrated circuits, nes , worth US$ 34,737,852.68 million.
  4. Singapore exported Parts and accessories of automatic data process , worth US$ 10,464,186.42 million.
  5. Singapore exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 8,532,183.20 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$ 80,335,836.18 million.
  2. Singapore imported Monolithic integrated circuits, nes , worth US$ 37,033,860.26 million.
  3. Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 33,584,448.63 million.
  4. Singapore imported Monolithic integrated circuits, digital , worth US$ 10,280,681.14 million.
  5. Singapore imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 8,887,954.32 million.

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Singapore in 2011 are below

  • The maximum rate of tariff in percentage on any product was 433.58 percent.
  • The simple average tariff across all products was 0.28 percent.
  • The trade weighted average tariff was 0.16 .
  • The total duty free imports in thousands of US dollars were 361,338,806.63 and duty free tariff line items share was 99.86 percent.

Development Indicators 2011

Key Development Indicators of Singapore in 2011 are below

  • Singapore GDP in current US dollar was 279,357 million.
  • GNI per capita, Atlas method (current US$) was 48,250.00 .
  • Singapore Trade balance: as % of GDP was 27.56.
  • Trade balance in current US$ was 76,982.00 million.
  • Trade as percentage of GDP was 379.10 .
  • Trade in services as percentage of GDP was 84.88 .

Trade Indicators 2011

Trade Indicators for Singapore in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.97.
  • World Growth in percentage was 9.25 and Singapore Country Growth was 7.98 .