Singapore Trade

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

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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

2021

Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.07
Index of export market penetration13.07
World Growth12.59
Country Growth10.59

Service Indicators 2021

Service imports (BoP, current US$)242,826,235,283.90
Service exports (BoP, current US$)266,531,702,415.36
Imports of goods and services (% of GDP)149.04
Exports of goods and services (% of GDP)184.30

Singapore 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

Singapore Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,910 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

Top 5 Products exports imports at HS 6 digit level

Exports
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
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

Tariff and Trade Barriers for Singapore

Tariffs 2021

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

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)

2021 WDI »
Population5,638,676
GDP (current US$ Mil)423,797
GNI per capita, Atlas method (current US$)63,000.00
Trade Balance (current US$ Mil)149,453.00
Trade Balance (% of GDP)35.27

Doing Business

2019 Doing Business »
Ease of Doing Business Rank2
Trading Across Borders Rank47

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score4.14
LPI Rank5