Singapore Trade Summary

2021 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): 457,474
No. Of products: 4,213
No. Of partners: 215
Importsmore »
Imports (in US$ Mil): 406,622
No. Of products: 4,299
No. Of partners: 225

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...110,510,229.96
Petroleum oils, etc, ...41,361,626.84
Gold in oth semi-man ...14,039,483.79
Transmission apparat ...10,656,014.81
Apparatus and equipm ...9,157,489.87
Imports (US$ Thousands)
Monolithic integrate ...91,581,019.51
Petroleum oils, etc, ...46,629,848.31
Petroleum oils and o ...22,659,489.87
Gold in oth semi-man ...12,821,893.51
Transmission apparat ...9,565,151.41

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China67,747 14.81
Hong Kong, China60,147 13.15
Malaysia42,130 9.21
United States39,317 8.59
Indonesia28,801 6.30
Exporter Trade (US$ Mil) Partner share(%)
China54,611 13.43
Malaysia53,729 13.21
Other Asia, nes51,119 12.57
United States40,573 9.98
Korea, Rep.22,195 5.46

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,910 0.85 29,644 7.29 0.00
Intermediate goods79,264 17.33 61,692 15.17 0.00
Consumer goods100,956 22.07 102,818 25.29 0.00
Capital goods248,722 54.37 207,327 50.99 0.00

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 13.07
World Growth: 12.59
Country Growth: 10.59

Tariffs

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No Of Tariff Agreement: 27
Maximum Rate (%): 414.38
Simple Average (%): 0.08
Weighted Average (%): 0
Duty Free Imports (US$ Thousand): 291,420,966.57
Duty Free Tariff Lines Share (%): 99.95

Development Indicators

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GDP (current US$): 423,797
GNI per capita, Atlas method (current US$): 63,000.00
Trade Balance (% of GDP): 35.27
Trade Balance (current US$ Mil): 149,453.00
Trade in services (% of GDP): 120.19
Trade (% of GDP): 333.34