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Singapore Trade Summary

2012

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


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TRADE SUMMARY FOR SINGAPORE 2012

Overall Exports and Imports for Singapore 2012

Exports and imports of Singapore in 2012 are below, along with number of countries and products

  • The total value of exports (FoB) was 415,615 million.
  • The total value of imports (CIF) was 385,833 million.
  • At the HS6 digit level, 4,294 products were exported to 215 countries and 4,328 products were imported from 218 countries.

Singapore top 5 Export and Import partners 2012

Top five countries to which Singapore exported in 2012 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to Malaysia worth US$ 51,568 million, with a partner share of 12.41 percent.
  2. Singapore exports to Hong Kong, China worth US$ 46,312 million, with a partner share of 11.14 percent.
  3. Singapore exports to Indonesia worth US$ 44,995 million, with a partner share of 10.83 percent.
  4. Singapore exports to China worth US$ 44,255 million, with a partner share of 10.65 percent.
  5. Singapore exports to United States worth US$ 22,416 million, with a partner share of 5.39 percent.

Top five countries from which Singapore imported goods in 2012 are below, along with percent of total imports that came from the country :

  1. Singapore imports from Malaysia worth US$ 40,482 million, with a partner share of 10.49 percent.
  2. Singapore imports from China worth US$ 39,692 million, with a partner share of 10.29 percent.
  3. Singapore imports from United States worth US$ 38,690 million, with a partner share of 10.03 percent.
  4. Singapore imports from Korea, Rep. worth US$ 25,931 million, with a partner share of 6.72 percent.
  5. Singapore imports from Other Asia, nes worth US$ 25,301 million, with a partner share of 6.56 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2012

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$ 73,239,751.83 million.
  2. Singapore exported Monolithic integrated circuits, nes , worth US$ 69,940,852.68 million.
  3. Singapore exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 9,857,804.45 million.
  4. Singapore exported Parts and accessories of automatic data process , worth US$ 8,646,666.17 million.
  5. Singapore exported Parts of printing machinery & machines for uses , worth US$ 6,185,876.24 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$ 77,316,501.66 million.
  2. Singapore imported Monolithic integrated circuits, nes , worth US$ 50,576,713.53 million.
  3. Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 39,879,314.50 million.
  4. Singapore imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 7,398,624.68 million.
  5. Singapore imported Transmission apparatus, for radioteleph incorpo , worth US$ 6,125,037.62 million.

Exports and Imports of Product Groups 2012

Exports and imports of products by stages of processing in 2012 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2012

Tariffs imposed by Singapore in 2012 are below

  • The maximum rate of tariff in percentage on any product was 453.94 percent.
  • The simple average tariff across all products was 0.21 percent.
  • The trade weighted average tariff was 0.06 .
  • The total duty free imports in thousands of US dollars were 372,838,380.82 and duty free tariff line items share was 99.92 percent.

Development Indicators 2012

Key Development Indicators of Singapore in 2012 are below

  • Singapore GDP in current US dollar was 295,087 million.
  • GNI per capita, Atlas method (current US$) was 51,720.00 .
  • Singapore Trade balance: as % of GDP was 24.23.
  • Trade balance in current US$ was 71,489.00 million.
  • Trade as percentage of GDP was 369.21 .
  • Trade in services as percentage of GDP was 88.91 .

Trade Indicators 2012

Trade Indicators for Singapore in 2012 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.94.
  • World Growth in percentage was -0.01 and Singapore Country Growth was 2.03 .