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

2016

Overall Exports and Imports

Exports
Exports (in US$ Mil) 329,871
No. Of products 4,277
No. Of partners 219
Imports
Imports (in US$ Mil) 283,009
No. Of products 4,320
No. Of partners 224

Trade Indicator

HH Market concentration index0.06
Index of export market penetration11.34
World Growth-4.43
Country Growth-13.60

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(%)
China42,859 12.99
Hong Kong, China41,593 12.61
Malaysia35,004 10.61
Indonesia25,786 7.82
United States22,641 6.86
Exporter Trade (US$ Mil) Partner share(%)
China40,414 14.28
Malaysia32,250 11.40
United States30,718 10.85
Other Asia, nes23,312 8.24
Japan19,864 7.02

Singapore Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,668 1.11 23,545 8.32 0.00
Intermediate goods57,867 17.54 39,904 14.10 0.00
Consumer goods79,133 23.99 77,033 27.22 0.29
Capital goods173,249 52.52 137,900 48.73 0.00

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...69,855,461.77
Petroleum oils, etc, ...36,119,091.80
Aircraft parts nes6,250,130.22
Transmission apparat ...5,313,631.51
Parts and accessorie ...4,169,861.98
Imports
Monolithic integrate ...50,408,821.78
Petroleum oils, etc, ...33,093,264.11
Petroleum oils and o ...15,058,262.94
Parts of turbo-jets ...5,516,008.62
Aircraft parts nes5,059,360.52

Tariff and Trade Barriers for Singapore

Tariffs 2016

No. Of Tariff Agreement 18
Simple Average (%) 0.21
Duty Free Imports (US$ Thousand) 278,324,700.61
Maximum Rate (%) 442.11
Weighted Average (%) 0.07
Duty Free Tariff Lines Share (%) 99.91

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