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Singapore Trade Summary

2015

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 2015

Overall Exports and Imports for Singapore 2015

Exports and imports of Singapore in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 346,638 million.
  • The total value of imports (CIF) was 296,745 million.
  • At the HS6 digit level, 4,290 products were exported to 221 countries and 4,325 products were imported from 224 countries.

Singapore top 5 Export and Import partners 2015

Top five countries to which Singapore exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Singapore exports to China worth US$ 47,708 million, with a partner share of 13.76 percent.
  2. Singapore exports to Hong Kong, China worth US$ 39,666 million, with a partner share of 11.44 percent.
  3. Singapore exports to Malaysia worth US$ 37,764 million, with a partner share of 10.89 percent.
  4. Singapore exports to Indonesia worth US$ 28,345 million, with a partner share of 8.18 percent.
  5. Singapore exports to United States worth US$ 23,225 million, with a partner share of 6.70 percent.

Top five countries from which Singapore imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Singapore imports from China worth US$ 42,135 million, with a partner share of 14.20 percent.
  2. Singapore imports from United States worth US$ 33,336 million, with a partner share of 11.23 percent.
  3. Singapore imports from Malaysia worth US$ 33,057 million, with a partner share of 11.14 percent.
  4. Singapore imports from Other Asia, nes worth US$ 24,681 million, with a partner share of 8.32 percent.
  5. Singapore imports from Japan worth US$ 18,596 million, with a partner share of 6.27 percent.

Singapore Top 5 Productsexports imports at HS 6 digit level 2015

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$ 73,307,448.00 million.
  2. Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 42,006,680.25 million.
  3. Singapore exported Transmission apparatus, for radioteleph incorpo , worth US$ 6,141,699.54 million.
  4. Singapore exported Aircraft parts nes , worth US$ 5,927,667.36 million.
  5. Singapore exported Other medicaments of mixed or unmixed products, , worth US$ 4,844,868.91 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$ 49,590,931.59 million.
  2. Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 42,573,711.72 million.
  3. Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 18,202,810.39 million.
  4. Singapore imported Transmission apparatus, for radioteleph incorpo , worth US$ 5,104,252.43 million.
  5. Singapore imported Parts of turbo-jets or turbo-propellers , worth US$ 4,764,539.18 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Singapore in 2015 are below

  • The maximum rate of tariff in percentage on any product was 447.86 percent.
  • The simple average tariff across all products was 0.20 percent.
  • The trade weighted average tariff was 0.07 .
  • The total duty free imports in thousands of US dollars were 292,186,170.29 and duty free tariff line items share was 99.92 percent.

Development Indicators 2015

Key Development Indicators of Singapore in 2015 are below

  • Singapore GDP in current US dollar was 304,098 million.
  • GNI per capita, Atlas method (current US$) was 54,020.00 .
  • Singapore Trade balance: as % of GDP was 25.74.
  • Trade balance in current US$ was 78,261.00 million.
  • Trade as percentage of GDP was 329.05 .
  • Trade in services as percentage of GDP was 105.91 .

Trade Indicators 2015

Trade Indicators for Singapore in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.17.
  • World Growth in percentage was -6.46 and Singapore Country Growth was -5.49 .