Singapore’s Top 10 Trading Partners – Singapore Import Export Data
15 October 2020
Singapore is a country in Asian continent, which stood
as the world’s 16th largest import country and 15th
largest export country in 2019. Singapore’s largest trading partner was China,
which shared 13.2% to total Singapore imports and 13.2% to total Singapore
exports. Singapore’s top 10 import partners accounted 68.9% to overall value of
shipments and Singapore’s top 10 export partners accounted 70.7% to overall
value of shipments recorded in 2019. Analyze Singapore trade statistics to have
a wider perspective on 10 largest trading partners of Singapore.
According to Singapore
import data, Singapore’s total imports valued USD 359 billion in 2019. From
a continental perspective, 66% of Singapore’s total imports by value in 2019
were imported from fellow Asian countries. Another 16.6% of goods were imported
from European suppliers, while 13.5% worth of commodities originated from North
America. Smaller percentages recorded from Oceania (2%), Africa (1.1%) and
Latin America (0.7%).
Our Singapore
export data shows that Singapore’s total exports valued USD 390 billion in
2019. From a continental perspective, 72.5% of Singapore’s exports by value
were delivered to fellow Asian countries, while 10.1% of export commodities
were shipped to European importers. Singapore supplied another 9.5% worth of
products to North America. Smaller percentages were recorded from Oceania
(4.6%), Australia (1.8%) and Africa (1.4%).
Singapore’s Top 10 Import Partners
Singapore’s top 10 import partners in 2019 were China
(USD 49.0 billion), United States (USD 43.9 billion), Malaysia (USD 41.6
billion), Taipei, Chinese (USD 32.3 billion), Japan (USD 19.3 billion),
Indonesia (USD 15.6 billion), South Korea (USD 13.7 billion), France (USD 12.1
billion), United Arab Emirates (USD 11.5 billion) and Germany (USD 9.9
billion). These countries accounted 68.9% to overall value of import shipments.
Below given chart and table shows percentage share of Singapore’s 10 largest
trading partners.
|
Country |
Value USD % |
|
China |
13.2 |
|
United States |
12.2 |
|
Malaysia |
11.6 |
|
Taipei, Chinese |
9.0 |
|
Japan |
5.4 |
|
Indonesia |
4.3 |
|
South Korea |
3.8 |
|
France |
3.4 |
|
United Arab Emirates |
3.2 |
|
Germany |
2.8 |
Singapore’s Top 10 Export
Partners
Singapore’s top 10 export partners in 2019 were China
(USD 51.6 billion), Hong Kong (USD 44.3 billion), Malaysia (USD 41.1 billion),
United States (USD 34.4 billion), Indonesia (USD 27.3 billion), Japan (USD 17.6
billion), Taipei, Chinese (USD 16.3 billion), Thailand (USD 15.3 billion),
South Korea (USD 15.2 billion) and Vietnam (USD 12.9 billion). These countries
shared 70.7% to total Singapore exports. Below given chart and table shows
percentage share of these Singapore 10 largest export partners.
|
Country |
Value USD % |
|
China |
13.2 |
|
Hong Kong |
11.4 |
|
Malaysia |
10.5 |
|
United States |
8.8 |
|
Indonesia |
7.0 |
|
Japan |
4.5 |
|
Taipei, Chinese |
4.2 |
|
Thailand |
3.9 |
|
South Korea |
3.9 |
|
Vietnam |
3.3 |
So, if you are planning to trade from Singapore with
other countries, you must know which countries import or export goods across
Singaporean borders. Check Singapore’s top trading partners and analyze
Singapore trade data to select a country for importing or exporting from
Singapore.
See import samples of a product starting with 'G' by clicking on Product Wise Import Data.
Also, see export samples of a product starting with 'D' by clicking on Product Wise Export Data.
