Annual International Trade Statistics by Country (HS02)
Publication date: 2021-04-05
Reporting period: 2002 - 2020
Timeseries: 177 million
Source:UN Comtrade
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Commodity
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Singapore | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020
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| Commodity | Reporter | Partner | Trade flow | Indicator | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| TOTAL. ALL COMMODITIES | Singapore | World | Exports | Value (US$) | 269 832 461 127.00 | 351 867 167 059.00 | 409 503 630 545.00 | 408 393 019 734.00 | 410 249 671 134.00 | 409 768 670 143.00 | 346 638 023 572.00 | 338 081 970 453.00 | 373 254 554 420.00 | 411 743 293 747.00 | 390 331 757 374.00 | 374 824 820 027.00 |
| Value Growth, YoY (%) | -20.209 | 30.402 | 16.38 | -0.271 | 0.454 | -0.117 | -15.406 | -2.468 | 10.403 | 10.311 | -5.20 | -3.972 | ||||
| Imports | Value (US$) | 245 784 668 235.00 | 310 791 133 594.00 | 365 770 490 720.00 | 379 722 888 523.00 | 373 015 739 788.00 | 366 247 321 660.00 | 296 744 588 534.00 | 291 908 368 784.00 | 327 709 713 161.00 | 370 503 520 526.00 | 358 974 637 219.00 | 329 595 978 725.00 | |||
| Value Growth, YoY (%) | -23.139 | 26.448 | 17.69 | 3.814 | -1.766 | -1.814 | -18.976 | -1.629 | 12.264 | 13.058 | -3.111 | -8.184 |
The value of merchandise exports from Singapore totalled $ 374 billion in 2020. Overall commodity exports from Singapore decreased by 3.97% compared to 2019. Merchandise exports decreased by $ 15.5 billion (the value of merchandise exports from Singapore amounted to $390 billion in 2019)
Singapore's exports 2020 by country
Top export destinations of commodities from Singapore in 2020:
- China with a share of 13.7% (51 billion US$)
- Hong Kong with a share of 12.3% (46 billion US$)
- Malaysia with a share of 8.9% (33 billion US$)
- Indonesia with a share of 5.73% (21 billion US$)
- Other Asia, nes with a share of 4.87% (18.2 billion US$)
- Japan with a share of 4.77% (17.8 billion US$)
- Korea with a share of 4.48% (16.7 billion US$)
- Vietnam with a share of 3.32% (12.4 billion US$)
- Netherlands with a share of 2.73% (10.2 billion US$)
- India with a share of 2.46% (9.22 billion US$)
Exports structure from Singapore in 2020 represented by the following main commodity groups:
- 35% (132 billion US$): 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$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
- 8.09% (30 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
- 7.08% (26 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
- 5.44% (20 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
- 5.42% (20 billion US$): 99 - Commodities not specified according to kind
- 3.47% (13 billion US$): 39 - Plastics and articles thereof
- 3.04% (11.4 billion US$): 29 - Organic chemicals
- 2.55% (9.58 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
- 2.37% (8.9 billion US$): 30 - Pharmaceutical products
What did Singapore export in 2020?
Singapore's Top Exports in 2020:
- 23% ($86 billion): 8542 - Electronic integrated circuits and microassemblies.
- 7.32% ($27 billion): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
- 4.21% ($15.8 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.
- 3.66% ($13.7 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines.
- 2.53% ($9.48 billion): 8525 - Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras.
- 2.47% ($9.28 billion): 8541 - Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezo-electric crystals.
- 2.2% ($8.27 billion): 8479 - Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
- 2.13% ($8 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.
- 1.66% ($6.25 billion): 3304 - Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), including sunscreen or sun tan preparations; manicure or pedicure preparations.
The value of merchandise imports to Singapore totalled $ 329 billion in 2020. Overall commodity imports to Singapore decreased by 8.18% compared to 2019. Merchandise imports decreased by $ 29 billion (the value of merchandise imports to Singapore was equal to $358 billion in 2019)
Singapore's imports 2020 by country
Top trading partners (import sources) of Singapore in 2020:
- China with a share of 14.4% (47 billion US$)
- Malaysia with a share of 12.7% (41 billion US$)
- Other Asia, nes with a share of 11% (36 billion US$)
- Japan with a share of 5.5% (18.1 billion US$)
- Korea with a share of 4.73% (15.5 billion US$)
- Indonesia with a share of 4.23% (13.9 billion US$)
- France with a share of 3.11% (10.2 billion US$)
- Germany with a share of 2.68% (8.84 billion US$)
- Philippines with a share of 2.09% (6.9 billion US$)
- India with a share of 1.57% (5.19 billion US$)
Imports structure to Singapore in 2020 represented by the following main commodity groups:
- 33% (108 billion US$): 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
- 15.5% (51 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
- 14.9% (49 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
- 6.86% (22 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
- 4.48% (14.7 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
- 2.19% (7.23 billion US$): 39 - Plastics and articles thereof
- 2.16% (7.12 billion US$): 29 - Organic chemicals
- 1.97% (6.52 billion US$): 88 - Aircraft, spacecraft, and parts thereof
- 1.29% (4.25 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
- 1.28% (4.23 billion US$): 38 - Miscellaneous chemical products
What did Singapore import in 2020?
Singapore's Top Imports in 2020:
- 21% ($72 billion): 8542 - Electronic integrated circuits and microassemblies.
- 9.51% ($31 billion): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
- 5.05% ($16.6 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.
- 4.57% ($15 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines.
- 4.36% ($14.4 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude.
- 2.87% ($9.46 billion): 8525 - Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras.
- 2.62% ($8.65 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.
- 1.63% ($5.39 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.
- 1.57% ($5.2 billion): 8541 - Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezo-electric crystals.
- 1.56% ($5.14 billion): 8803 - Parts of goods of heading 88.01 or 88.02.
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