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Singapore Trade

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
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

Overall Exports and Imports for Singapore 2022

  • The total value of exports (FOB) is US$ 514,966 million.
  • The total value of imports (CIF) is US$ 475,413 million.
  • At the HS6 digit level, 4,232 products are exported to 219 countries and 4,325 products are imported from 226 countries.

Top 5 Products exports imports at HS 6 digit level 2022

The top five exported HS 6 digit level products to world by Singapore along with trade value are:

  • Singapore exported Monolithic integrated circuits, digital , worth 119,647,755.95 (US$ Thousands).
  • Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth 63,470,195.26 (US$ Thousands).
  • Singapore exported Machines & mechanical appliances nes having ind , worth 20,547,678.51 (US$ Thousands).
  • Singapore exported Gold in oth semi-manufactured forms,non-monetar , worth 13,276,813.78 (US$ Thousands).
  • Singapore exported Transmission apparatus, for radioteleph incorpo , worth 11,995,738.71 (US$ Thousands).

The top five imported HS 6 digit level products from world by Singapore along with trade value are

  • Singapore imported Monolithic integrated circuits, digital , worth 104,432,657.26 (US$ Thousands).
  • Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth 62,489,454.19 (US$ Thousands).
  • Singapore imported Petroleum oils and oils obtained from bituminou , worth 34,014,894.13 (US$ Thousands).
  • Singapore imported Gold in oth semi-manufactured forms,non-monetar , worth 15,864,592.53 (US$ Thousands).
  • Singapore imported Transmission apparatus, for radioteleph incorpo , worth 11,310,892.56 (US$ Thousands).

Singapore top 5 Export and Import partners 2022

The top five countries to which Singapore exported 2022 along with the partner share in percentage are:

  1. Singapore exports to China worth US$ 63,969 million, with a partner share of 12.42 percent.
  2. Singapore exports to Hong Kong, China worth US$ 57,780 million, with a partner share of 11.22 percent.
  3. Singapore exports to Malaysia worth US$ 51,586 million, with a partner share of 10.02 percent.
  4. Singapore exports to United States worth US$ 45,306 million, with a partner share of 8.80 percent.
  5. Singapore exports to Indonesia worth US$ 37,230 million, with a partner share of 7.23 percent.

The top five countries to which Singapore imported goods 2022 along with the share in percentage are

  1. Singapore imports from China worth US$ 62,984 million, with a partner share of 13.25 percent.
  2. Singapore imports from Malaysia worth US$ 59,404 million, with a partner share of 12.50 percent.
  3. Singapore imports from Other Asia, nes worth US$ 57,545 million, with a partner share of 12.10 percent.
  4. Singapore imports from United States worth US$ 51,577 million, with a partner share of 10.85 percent.
  5. Singapore imports from Korea, Rep. worth US$ 30,625 million, with a partner share of 6.44 percent.

Singapore Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Singapore in 2022 are below.

  • The maximum rate of tariff in percentage on any product is 374.66.
  • The simple average tariff across all products is 0.23.
  • The trade weighted average tariff is 0.11.
  • The total duty free imports in thousands of US dollars are 385,954,886.23 and duty free tariff line items share is 99.85.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.14.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.14.

Non-Tariff Measures (NTM)

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

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Singapore World Development Indicators (WDI) 2022

Key Development Indicators of Singapore in 2022 are below

WDI

Singapore Doing Business 2019

  • The ease of doing business rank for Singapore is 2.
  • The trade across border rank is 47.
Doing Business

Singapore Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

SingaporeLogistics Performance Index (LPI) 2016

  • The LPI score for Singapore in 2016 is 4.14.
  • The LPI rank is 5.
LPI

Singapore Services Service Policy Restrictive Database (SPRD)

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