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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 2020

  • The total value of exports (FOB) is US$ 373,684 million.
  • The total value of imports (CIF) is US$ 328,624 million.
  • At the HS6 digit level, 4,239 products are exported to 219 countries and 4,301 products are imported from 225 countries.

Top 5 Products exports imports at HS 6 digit level 2020

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 US$ 84,844,704.22 million.
  • Singapore exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 27,391,562.13 million.
  • Singapore exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 15,662,673.92 million.
  • Singapore exported Transmission apparatus, for radioteleph incorpo , worth US$ 8,691,791.49 million.
  • Singapore exported Parts and accessories of automatic data process , worth US$ 7,106,820.36 million.

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 US$ 69,309,911.35 million.
  • Singapore imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 31,234,549.72 million.
  • Singapore imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 15,247,573.12 million.
  • Singapore imported Petroleum oils and oils obtained from bituminou , worth US$ 14,376,394.88 million.
  • Singapore imported Transmission apparatus, for radioteleph incorpo , worth US$ 8,793,428.69 million.

Singapore top 5 Export and Import partners 2020

The top five countries to which Singapore exported 2020 along with the partner share in percentage are:

  1. Singapore exports to China worth US$ 51,339 million, with a partner share of 13.74 percent.
  2. Singapore exports to Hong Kong, China worth US$ 46,194 million, with a partner share of 12.36 percent.
  3. Singapore exports to United States worth US$ 40,226 million, with a partner share of 10.76 percent.
  4. Singapore exports to Malaysia worth US$ 33,264 million, with a partner share of 8.90 percent.
  5. Singapore exports to Indonesia worth US$ 21,428 million, with a partner share of 5.73 percent.

The top five countries to which Singapore imported goods 2020 along with the share in percentage are

  1. Singapore imports from China worth US$ 47,368 million, with a partner share of 14.41 percent.
  2. Singapore imports from Malaysia worth US$ 41,706 million, with a partner share of 12.69 percent.
  3. Singapore imports from Other Asia, nes worth US$ 36,283 million, with a partner share of 11.04 percent.
  4. Singapore imports from United States worth US$ 35,154 million, with a partner share of 10.70 percent.
  5. Singapore imports from Japan worth US$ 18,108 million, with a partner share of 5.51 percent.

Singapore Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2020

Tariffs imposed by Singapore in 2020 are below.

  • The maximum rate of tariff in percentage on any product is 417.32.
  • The simple average tariff across all products is 0.17.
  • The trade weighted average tariff is 0.05.
  • The total duty free imports in thousands of US dollars are 292,220,150.16 and duty free tariff line items share is 99.90.

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) 2020

Key Development Indicators of Singapore in 2020 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