Singapore Trade Summary

2022 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): 514,966
No. Of products: 4,232
No. Of partners: 219
Importsmore »
Imports (in US$ Mil): 475,413
No. Of products: 4,325
No. Of partners: 226

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...119,647,755.95
Petroleum oils, etc, ...63,470,195.26
Machines & mechanica ...20,547,678.51
Gold in oth semi-man ...13,276,813.78
Transmission apparat ...11,995,738.71
Imports (US$ Thousands)
Monolithic integrate ...104,432,657.26
Petroleum oils, etc, ...62,489,454.19
Petroleum oils and o ...34,014,894.13
Gold in oth semi-man ...15,864,592.53
Transmission apparat ...11,310,892.56

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China63,969 12.42
Hong Kong, China57,780 11.22
Malaysia51,586 10.02
United States45,306 8.80
Indonesia37,230 7.23
Exporter Trade (US$ Mil) Partner share(%)
China62,984 13.25
Malaysia59,404 12.50
Other Asia, nes57,545 12.10
United States51,577 10.85
Korea, Rep.30,625 6.44

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,733 0.72 41,513 8.73 0.00
Intermediate goods78,871 15.32 71,457 15.03 0.00
Consumer goods124,036 24.09 125,614 26.42 0.73
Capital goods272,737 52.96 233,010 49.01 0.00

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 12.69
World Growth: 5.18
Country Growth: 4.45

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 374.66
Simple Average (%): 0.23
Weighted Average (%): 0.11
Duty Free Imports (US$ Thousand): 385,954,886.23
Duty Free Tariff Lines Share (%): 99.85

Development Indicators

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GDP (current US$): 466,789
GNI per capita, Atlas method (current US$): 67,200.00
Trade Balance (% of GDP): 36.24
Trade Balance (current US$ Mil): 169,176.00
Trade in services (% of GDP): 117.80
Trade (% of GDP): 336.86