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 (%) | 2006 - 2017

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2017
TOTAL. ALL COMMODITIESSingaporeWorldExportsValue (US$)271,809,168,813.00299,297,445,859.00338,175,937,705.00269,832,461,127.00351,867,167,059.00409,503,630,545.00408,393,019,734.00419,931,654,465.02415,418,246,994.09357,941,228,869.16338,081,970,453.75373,238,295,843.56
Value Growth, YoY (%)18.3510.1112.98-20.2030.4016.38-0.272.82-1.07-13.83-5.5410.39
ImportsValue (US$)238,711,241,415.00263,154,906,772.00319,780,296,025.00245,784,668,235.00310,791,133,594.00365,770,490,720.00379,722,888,523.00388,046,698,517.07377,937,643,311.02308,121,655,073.49291,908,368,784.57327,690,657,116.71
Value Growth, YoY (%)19.3210.2321.51-23.1326.4417.693.812.19-2.60-18.47-5.2612.25

The value of merchandise exports from Singapore totalled $ 373 billion in 2017. Merchandise exports from Singapore increased by 10.3% compared to 2016. Goods exports grew up by $ 35 billion in 2017 (the value of merchandise exports from Singapore amounted to $338 billion in 2016)

Singapore's exports 2017 by country

Top export destinations of commodities from Singapore in 2017:

  • China with a share of 14.4% (54 billion US$)
  • Hong Kong with a share of 12.3% (46 billion US$)
  • Malaysia with a share of 10.6% (39 billion US$)
  • Indonesia with a share of 7.48% (27 billion US$)
  • USA with a share of 6.47% (24 billion US$)
  • Japan with a share of 4.56% (17 billion US$)
  • Korea with a share of 4.48% (16.7 billion US$)
  • Other Asia, nes with a share of 4.44% (16.6 billion US$)
  • Thailand with a share of 3.93% (14.6 billion US$)
  • Vietnam with a share of 3.29% (12.2 billion US$)

Exports structure from Singapore in 2017 represented by the following main commodity groups:

  • 33% (124 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14% (52 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 12.8% (47 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.69% (21 billion US$): 99 - Commodities not specified according to kind
  • 4.69% (17.5 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 4.57% (17 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 4.16% (15.5 billion US$): 29 - Organic chemicals
  • 3.9% (14.5 billion US$): 39 - Plastics and articles thereof
  • 1.77% (6.6 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 1.74% (6.5 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations

What did Singapore export in 2017?

Singapore's Top Exports in 2017:

  • 21% ($80 billion): 8542 - Electronic integrated circuits and microassemblies
  • 12.2% ($45 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
  • 3.09% ($11.5 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.56% ($9.59 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
  • 2.44% ($9.14 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
  • 2.44% ($9.13 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
  • 2.19% ($8.19 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
  • 1.73% ($6.48 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 1.71% ($6.38 billion): 8803 - Parts of goods of heading 88.01 or 88.02

The value of merchandise imports to Singapore totalled $ 327 billion in 2017. Merchandise imports to Singapore increased by 12.2% compared to 2016. Goods imports grew up by $ 35 billion in 2017 (the value of merchandise imports to Singapore was equal to $291 billion in 2016)

Singapore's imports 2017 by country

Top trading partners (import sources) of Singapore in 2017:

  • China with a share of 13.8% (45 billion US$)
  • Malaysia with a share of 11.8% (38 billion US$)
  • USA with a share of 10.5% (34 billion US$)
  • Other Asia, nes with a share of 8.28% (27 billion US$)
  • Japan with a share of 6.25% (20 billion US$)
  • Korea with a share of 4.93% (16.1 billion US$)
  • Indonesia with a share of 4.61% (15.1 billion US$)
  • Germany with a share of 2.89% (9.48 billion US$)
  • Switzerland with a share of 2.79% (9.15 billion US$)
  • Saudi Arabia with a share of 2.79% (9.15 billion US$)

Imports structure to Singapore in 2017 represented by the following main commodity groups:

  • 28% (93 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 22% (72 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.7% (45 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.14% (20 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.42% (11.2 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.43% (7.99 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.33% (7.65 billion US$): 39 - Plastics and articles thereof
  • 1.88% (6.19 billion US$): 29 - Organic chemicals
  • 1.52% (5 billion US$): 38 - Miscellaneous chemical products
  • 1.52% (4.98 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

What did Singapore import in 2017?

Singapore's Top Imports in 2017:

  • 18% ($59 billion): 8542 - Electronic integrated circuits and microassemblies
  • 14.2% ($46 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
  • 6.53% ($21 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 4% ($13.1 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.79% ($9.14 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
  • 2.66% ($8.73 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 1.97% ($6.47 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
  • 1.85% ($6.06 billion): 8803 - Parts of goods of heading 88.01 or 88.02
  • 1.59% ($5.22 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
  • 1.53% ($5.01 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72

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