What does Singapore Imports and Exports?

12 October 2020
Singapore Trade Data

Singapore stood as world’s 16th largest import country and 15th largest export country in 2019. Singapore’s imports valued USD 359 million and exports valued USD 390.3 billion. The country imported and exported electrical machinery and equipment at 2-digit level HS Code the most in the said year. China is the largest trading partner of Singapore, which shared 13.2% to total imports and exports in 2019. Check Indonesia’s top imports and exports with percentage share and dollar amount and analyze the Singapore import-export market.


What does Singapore Imports?


Singapore main imports in 2019 were Electrical Machinery & Equipment (27.33%), Mineral Fuels & Oils (20.97%), Machinery (16.24%), Pearls & Precious Stones (5.26%), Optical, Photographic, Medical Equipment (3.47%), Aircraft, Spacecraft & Parts (3.31%), Plastics (2.37%), Organic Chemicals (2.01%), Vehicles (1.5%) and Essential Oils & Resinoids (1.34%). According to Singapore import data, these import categories accounted 83.8% to overall value of shipments recorded in 2019. Below given chart and table shows dollar amount of these commodities.


Product

Value USD Billion

Electrical Machinery & Equipment

98.1

Mineral Fuels & Oils

75.2

Machinery

58.3

Pearls and Precious Stones

18.8

Optical, Photographic, Medical Equipment

12.4

Aircraft, Spacecraft & Parts

11.8

Plastics

8.5

Organic Chemicals

7.2

Vehicles

5.3

Essential Oils & Resinoids

4.7

 


What does Singapore Exports?


Singapore major exports in 2019 were Electrical Machinery & Equipment (30.92%), Machinery (15.19%), Mineral Fuels & Oils (12.27%), Optical, Photographic, Medical Equipment (5.36%), Pearls & Precious Stones (4.55%), Plastics (3.74%), Organic Chemicals (3.3%), Essential Oils & Resinoids (2.48%), Pharma Products (2.08%) and Aircraft, Spacecraft & Parts (2.04%). According to Singapore export data, Singapore’s top 10 export products in 2019 accounted for 81.93% to overall value of shipments. Below given chart and table shows dollar amount of these commodities.


Product

Value USD Billion

Electrical Machinery & Equipment

120.6

Machinery

59.3

Mineral Fuels & Oils

47.8

Optical, Photographic, Medical Equipment

20.9

Pearls and Precious Stones

17.7

Plastics

14.6

Organic Chemicals

12.8

Essential Oils and Resinoids

9.6

Pharma Products

8.1

Aircraft, Spacecraft & Parts

7.9

 


Singapore is a country in Asia and one of the world’s largest countries in import-export business. So, use the best market intelligence information and Singapore import export data available right here for taking effective business decisions.

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