Singapore Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Singapore monthly trade data
Singapore quarterly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Singapore

2017

Overall Exports and Imports

Exports
Exports (in US$ Mil) 373,255
No. Of products 4,278
No. Of partners 218
Imports
Imports (in US$ Mil) 327,710
No. Of products 4,309
No. Of partners 222

Trade Indicator

HH Market concentration index0.08
Index of export market penetration11.53
World Growth1.50
Country Growth0.51

Service Indicators 2016

Service imports (BoP, current US$)155,580,663,560.00
Service exports (BoP, current US$)149,642,100,650.00
Imports of goods and services (% of GDP)146.27
Exports of goods and services (% of GDP)172.15

Singapore top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China54,039 14.48
Hong Kong, China46,011 12.33
Malaysia39,580 10.60
Indonesia27,952 7.49
United States24,183 6.48
Exporter Trade (US$ Mil) Partner share(%)
China45,344 13.84
Malaysia38,860 11.86
United States34,619 10.56
Other Asia, nes27,139 8.28
Japan20,485 6.25

Singapore Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,430 0.92 29,006 8.85 0.00
Intermediate goods70,558 18.90 53,663 16.38 0.00
Consumer goods91,650 24.55 93,784 28.62 0.30
Capital goods186,366 49.93 148,287 45.25 0.00

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...78,071,964.59
Petroleum oils, etc, ...45,751,876.85
Gold in oth semi-man ...11,309,257.72
Aircraft parts nes6,199,794.99
Transmission apparat ...4,606,960.99
Imports
Monolithic integrate ...57,004,699.24
Petroleum oils, etc, ...46,729,042.83
Petroleum oils and o ...21,419,911.37
Gold in oth semi-man ...11,801,148.74
Parts of turbo-jets ...6,303,262.13

Tariff and Trade Barriers for Singapore

Tariffs 2017

No. Of Tariff Agreement 18
Simple Average (%) 0.19
Duty Free Imports (US$ Thousand) 324,672,365.16
Maximum Rate (%) 455.08
Weighted Average (%) 0.07
Duty Free Tariff Lines Share (%) 99.93

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.14
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.14

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM) 2015

No Of NTM Measures (2015)48
No Of NTM Affected Products (HS 6 Digit) (2015)5,205

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2016 WDI »
Population5,607,283
GDP (current US$ Mil)296,966
GNI per capita, Atlas method (current US$)51,880.00
Trade Balance (current US$ Mil)76,848.00
Trade Balance (% of GDP)25.88

Doing Business

2018 Doing Business »
Ease of Doing Business Rank2
Trading Across Borders Rank42

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score4.14
LPI Rank5