Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Singapore | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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TOTAL. ALL COMMODITIESSingaporeWorldExportsValue (US$)409,503,630,545.00408,393,019,734.00419,931,654,465.02415,418,246,994.09357,941,228,869.16338,081,970,453.75373,238,295,843.56411,743,293,747.48390,331,757,374.41373,683,730,056.06457,081,283,281.54514,966,127,005.21
Value Growth, YoY (%)16.38-0.272.82-1.07-13.83-5.5410.3910.31-5.20-4.2622.3112.66
ImportsValue (US$)365,770,490,720.00379,722,888,523.00388,046,698,517.07377,937,643,311.02308,121,655,073.49291,908,368,784.57327,690,657,116.71370,503,520,526.98358,974,637,219.11328,624,455,636.33406,318,349,182.04475,412,874,146.48
Value Growth, YoY (%)17.693.812.19-2.60-18.47-5.2612.2513.06-3.11-8.4523.6417.00

The value of merchandise exports from Singapore totalled $ 514 billion in 2022. Merchandise exports from Singapore increased by 12.6% compared to 2021. Goods exports grew up by $ 57 billion in 2022 (the value of merchandise exports from Singapore amounted to $457 billion in 2021)

Singapore's exports 2022 by country

Top export destinations of commodities from Singapore in 2022:

  • China with a share of 12.4% (63 billion US$)
  • Hong Kong with a share of 11.2% (57 billion US$)
  • Malaysia with a share of 10% (51 billion US$)
  • USA with a share of 8.79% (45 billion US$)
  • Indonesia with a share of 7.22% (37 billion US$)
  • Other Asia, nes with a share of 4.9% (25 billion US$)
  • Korea with a share of 4.04% (20 billion US$)
  • Japan with a share of 4.03% (20 billion US$)
  • Thailand with a share of 3.39% (17.4 billion US$)
  • Vietnam with a share of 3.34% (17.2 billion US$)

Exports structure from Singapore in 2022 represented by the following main commodity groups:

  • 35% (180 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.6% (75 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 12.7% (65 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 6.89% (35 billion US$): 99 - Commodities not specified according to kind
  • 4.49% (23 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 4.4% (22 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.03% (15.6 billion US$): 39 - Plastics and articles thereof
  • 2.69% (13.8 billion US$): 29 - Organic chemicals
  • 1.98% (10.2 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 1.91% (9.84 billion US$): 30 - Pharmaceutical products

What did Singapore export in 2022?

Singapore's Top Exports in 2022:

  • 23% ($121 billion): 8542 - Electronic integrated circuits and microassemblies
  • 12.3% ($63 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 4.12% ($21 billion): 8486 - Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays; machines & apparatus specified in note 11 (C) to this Chapter
  • 3.01% ($15.5 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.96% ($15.2 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 2.63% ($13.5 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.54% ($13.1 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 2.05% ($10.5 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.33% ($6.85 billion): 2106 - Food preparations not elsewhere specified or included

The value of merchandise imports to Singapore totalled $ 475 billion in 2022. Merchandise imports to Singapore increased by 17% compared to 2021. Goods imports grew up by $ 69 billion in 2022 (the value of merchandise imports to Singapore was equal to $406 billion in 2021)

Singapore's imports 2022 by country

Top trading partners (import sources) of Singapore in 2022:

  • China with a share of 13.2% (62 billion US$)
  • Malaysia with a share of 12.4% (59 billion US$)
  • Other Asia, nes with a share of 12.1% (57 billion US$)
  • USA with a share of 10.8% (51 billion US$)
  • Korea with a share of 6.44% (30 billion US$)
  • Japan with a share of 5.61% (26 billion US$)
  • Indonesia with a share of 3.81% (18.1 billion US$)
  • United Arab Emirates with a share of 3.3% (15.6 billion US$)
  • Thailand with a share of 2.74% (13 billion US$)
  • France with a share of 2.7% (12.8 billion US$)

Imports structure to Singapore in 2022 represented by the following main commodity groups:

  • 32% (154 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 22% (105 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.7% (65 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.58% (26 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.3% (15.7 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.23% (10.6 billion US$): 29 - Organic chemicals
  • 1.78% (8.5 billion US$): 39 - Plastics and articles thereof
  • 1.52% (7.24 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 1.17% (5.58 billion US$): 38 - Miscellaneous chemical products
  • 1.08% (5.18 billion US$): 30 - Pharmaceutical products

What did Singapore import in 2022?

Singapore's Top Imports in 2022:

  • 22% ($107 billion): 8542 - Electronic integrated circuits and microassemblies
  • 13.1% ($62 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 7.15% ($34 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.73% ($17.7 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 3.72% ($17.7 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.68% ($12.7 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.28% ($10.8 billion): 8486 - Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays; machines & apparatus specified in note 11 (C) to this Chapter
  • 2.08% ($9.91 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.62% ($7.71 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.34% ($6.41 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals

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Singapore | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022