Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
TOTAL. ALL COMMODITIES | Singapore | World | Exports | Value (US$) | 408,393,019,734.00 | 419,931,654,465.02 | 415,418,246,994.09 | 357,941,228,869.16 | 338,081,970,453.75 | 373,238,295,843.56 | 411,743,293,747.48 | 390,331,757,374.41 | 373,683,730,056.06 | 457,081,283,281.54 | 514,966,127,005.21 | 475,348,541,126.79 |
Value Growth, YoY (%) | -0.27 | 2.82 | -1.07 | -13.83 | -5.54 | 10.39 | 10.31 | -5.20 | -4.26 | 22.31 | 12.66 | -7.69 | ||||
Imports | Value (US$) | 379,722,888,523.00 | 388,046,698,517.07 | 377,937,643,311.02 | 308,121,655,073.49 | 291,908,368,784.57 | 327,690,657,116.71 | 370,503,520,526.98 | 358,974,637,219.11 | 328,624,455,636.33 | 406,318,349,182.04 | 475,412,874,146.48 | 422,419,822,234.11 | |||
Value Growth, YoY (%) | 3.81 | 2.19 | -2.60 | -18.47 | -5.26 | 12.25 | 13.06 | -3.11 | -8.45 | 23.64 | 17.00 | -11.14 |
The value of merchandise exports from Singapore totalled $ 475 billion in 2023. Overall commodity exports from Singapore decreased by 7.69% compared to 2022. Merchandise exports decreased by $ 39 billion (the value of merchandise exports from Singapore amounted to $514 billion in 2022)
Top export destinations of commodities from Singapore in 2023:
Singapore's Top Exports in 2023:
The value of merchandise imports to Singapore totalled $ 422 billion in 2023. Overall commodity imports to Singapore decreased by 11.1% compared to 2022. Merchandise imports decreased by $ 52 billion (the value of merchandise imports to Singapore was equal to $475 billion in 2022)
Top trading partners (import sources) of Singapore in 2023:
Singapore's Top Imports in 2023: