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

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 390,332
No. Of products 4,257
No. Of partners 220
Imports
Imports (in US$ Mil) 358,975
No. Of products 4,307
No. Of partners 221

Trade Indicator

HH Market concentration index0.07
Index of export market penetration12.28
World Growth-1.13
Country Growth-2.87

Service Indicators 2019

Service imports (BoP, current US$)208,197,753,193.36
Service exports (BoP, current US$)217,186,958,991.81
Imports of goods and services (% of GDP)147.63
Exports of goods and services (% of GDP)175.89

Singapore top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China51,619 13.22
Hong Kong, China44,377 11.37
Malaysia41,152 10.54
United States34,401 8.81
Indonesia27,359 7.01
Exporter Trade (US$ Mil) Partner share(%)
China49,033 13.66
United States43,939 12.24
Malaysia41,690 11.61
Other Asia, nes32,376 9.02
Japan19,372 5.40

Singapore Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,675 0.94 32,971 9.18 0.00
Intermediate goods70,780 18.13 53,788 14.98 0.00
Consumer goods99,420 25.47 98,028 27.31 2.35
Capital goods194,886 49.93 169,797 47.30 0.00

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...75,952,597.66
Petroleum oils, etc, ...45,882,931.23
Gold in oth semi-man ...11,452,170.91
Transmission apparat ...8,642,881.42
Parts and accessorie ...7,436,910.50
Imports
Monolithic integrate ...59,026,756.87
Petroleum oils, etc, ...45,907,805.34
Petroleum oils and o ...24,222,270.67
Parts of turbo-jets ...11,082,953.58
Transmission apparat ...8,565,686.89

Tariff and Trade Barriers for Singapore

Tariffs 2019

No. Of Tariff Agreement 24
Simple Average (%) 1.20
Duty Free Imports (US$ Thousand) 305,214,884.31
Maximum Rate (%) 3,000
Weighted Average (%) 0.39
Duty Free Tariff Lines Share (%) 99.90

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)

2019 WDI »
Population5,638,676
GDP (current US$ Mil)374,386
GNI per capita, Atlas method (current US$)58,390.00
Trade Balance (current US$ Mil)105,828.00
Trade Balance (% of GDP)28.27

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