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 (%) | 2008 - 2019

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2019
TOTAL. ALL COMMODITIESSingaporeWorldExportsValue (US$)338,175,937,705.00269,832,461,127.00351,867,167,059.00409,503,630,545.00408,393,019,734.00419,931,654,465.02415,418,246,994.09357,941,228,869.16338,081,970,453.75373,238,295,843.56411,743,293,747.48390,331,757,374.41
Value Growth, YoY (%)12.98-20.2030.4016.38-0.272.82-1.07-13.83-5.5410.3910.31-5.20
ImportsValue (US$)319,780,296,025.00245,784,668,235.00310,791,133,594.00365,770,490,720.00379,722,888,523.00388,046,698,517.07377,937,643,311.02308,121,655,073.49291,908,368,784.57327,690,657,116.71370,503,520,526.98358,974,637,219.11
Value Growth, YoY (%)21.51-23.1326.4417.693.812.19-2.60-18.47-5.2612.2513.06-3.11

The value of merchandise exports from Singapore totalled $ 390 billion in 2019. Overall commodity exports from Singapore decreased by 5.2% compared to 2018. Merchandise exports decreased by $ 21 billion (the value of merchandise exports from Singapore amounted to $411 billion in 2018)

Singapore's exports 2019 by country

Top export destinations of commodities from Singapore in 2019:

  • China with a share of 13.2% (51 billion US$)
  • Hong Kong with a share of 11.3% (44 billion US$)
  • Malaysia with a share of 10.5% (41 billion US$)
  • USA with a share of 8.81% (34 billion US$)
  • Indonesia with a share of 7% (27 billion US$)
  • Japan with a share of 4.51% (17.6 billion US$)
  • Other Asia, nes with a share of 4.19% (16.3 billion US$)
  • Thailand with a share of 3.93% (15.3 billion US$)
  • Korea with a share of 3.89% (15.2 billion US$)
  • Vietnam with a share of 3.32% (12.9 billion US$)

Exports structure from Singapore in 2019 represented by the following main commodity groups:

  • 30% (120 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 15.1% (59 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 12.2% (47 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.51% (21 billion US$): 99 - Commodities not specified according to kind
  • 5.36% (20 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 4.55% (17.7 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.74% (14.6 billion US$): 39 - Plastics and articles thereof
  • 3.29% (12.8 billion US$): 29 - Organic chemicals
  • 2.47% (9.67 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 2.07% (8.1 billion US$): 30 - Pharmaceutical products

What did Singapore export in 2019?

Singapore's Top Exports in 2019:

  • 19.6% ($76 billion): 8542 - Electronic integrated circuits and microassemblies
  • 11.7% ($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
  • 3.7% ($14.4 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 2.96% ($11.5 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.93% ($11.4 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
  • 2.18% ($8.53 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
  • 1.94% ($7.58 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
  • 1.88% ($7.35 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
  • 1.69% ($6.62 billion): 8803 - Parts of goods of heading 88.01 or 88.02

The value of merchandise imports to Singapore totalled $ 358 billion in 2019. Overall commodity imports to Singapore decreased by 3.11% compared to 2018. Merchandise imports decreased by $ 11.5 billion (the value of merchandise imports to Singapore was equal to $370 billion in 2018)

Singapore's imports 2019 by country

Top trading partners (import sources) of Singapore in 2019:

  • China with a share of 13.6% (49 billion US$)
  • USA with a share of 12.2% (43 billion US$)
  • Malaysia with a share of 11.6% (41 billion US$)
  • Other Asia, nes with a share of 9.01% (32 billion US$)
  • Japan with a share of 5.39% (19.3 billion US$)
  • Indonesia with a share of 4.34% (15.6 billion US$)
  • Korea with a share of 3.81% (13.7 billion US$)
  • France with a share of 3.38% (12.1 billion US$)
  • United Arab Emirates with a share of 3.2% (11.5 billion US$)
  • Germany with a share of 2.76% (9.9 billion US$)

Imports structure to Singapore in 2019 represented by the following main commodity groups:

  • 27% (98 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 20% (75 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 16.2% (58 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.25% (18.8 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.46% (12.4 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.31% (11.8 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.36% (8.5 billion US$): 39 - Plastics and articles thereof
  • 2% (7.2 billion US$): 29 - Organic chemicals
  • 1.49% (5.38 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 1.33% (4.79 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations

What did Singapore import in 2019?

Singapore's Top Imports in 2019:

  • 16.8% ($60 billion): 8542 - Electronic integrated circuits and microassemblies
  • 12.7% ($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
  • 6.74% ($24 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.42% ($19.4 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 3.15% ($11.3 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
  • 2.81% ($10 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 2.16% ($7.76 billion): 8803 - Parts of goods of heading 88.01 or 88.02
  • 2.02% ($7.27 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
  • 1.6% ($5.74 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
  • 1.56% ($5.62 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 (%) | 2008 - 2019