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Singapore Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Singapore monthly trade data
Singapore quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Singapore exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Singapore Trade

Overall Exports and Imports for Singapore 2024

The total value of exports (FOB) is US$ 504,781 million.
The total value of imports (CIF) is US$ 457,524 million.
The total trade was US$ 962,305 million.
The trade balance was US$ 47,256 million.

China Monthly Exports and imports, in Sep 2024

The total value of exports (FOB) is US$ 48,509,517 K.
The total value of imports (CIF) is US$ 43,790,226 K.
The total trade was US$ 92,299,743 K.
The trade balance was US$ 4,719,290 K.

Singapore Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.07.
Index of export market penetration is 0.07.
World Growth in percentage is 0.07 and Singapore Country Growth is -4.14.

Singapore Service Trade data from WDI 2023

Singapore, Service imports (BoP, current US$) is 326,272,472,258.77.
Singapore, Service exports (BoP, current US$) is 358,222,475,982.42.
Singapore, Imports of goods and services as percentage of GDP is 144.13 %.
Singapore, Exports of goods and services as percentage of GDP is 181.56 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Singapore in 2023 are below.

The maximum rate of tariff in percentage on any product is 367.88.
The simple average tariff across all products is 0.06.
The trade weighted average tariff is 0.
The total duty free imports in thousands of US dollars are 361,879,981.09 and duty free tariff line items share is 99.96.

Singapore Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 2,230,874 million.
FDI Inward stock flow (in US$ Mil) was US$ 143,352 million.
FDI Outward stock (in US$ Mil) was US$ 1,174,122 million.
FDI Outward stock flow (in US$ Mil) was US$ 55,257 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 48.
No Of NTM Affected Products (HS 6 Digit) is 5,205.

Singapore World Development Indicators (WDI) 2023

Key Development Indicators of Singapore in 2023 are below

The population of Singapore is 5,638,676.
GDP in US$ is 505,440 million .
GNI per capita, Atlas method in current US dollars is 69,850.00.
Trade balance in US$ is 189,183.00 million.
Trade in services as percentage of GDP is 37.43 %.

WDI

Singapore Global Value Chain (GVC) 2022

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 60 %.

GVC

Singapore Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Singapore is not available.

SPRD