Singapore Import Data

Singapore is a sovereign island city-state in maritime Southeast Asia. In terms of global imports, Singapore stood at 16th position in 2020. According to Singapore import data, Singapore imported goods worth USD 329 billion in 2020, down by -8.3% as compared to previous year. Singapore imported goods worth USD 359 billion in 2019, Singapore trade data reveals.

Given Singapore’s population of about 5.8 million people, total value of Singapore’s imports in 2020 translated to roughly USD 57,000 in yearly product demand from every person in the strategically located Asian nation.

Product-wise, Singapore’s major imports are machinery & equipment, mineral fuels & oils, foodstuffs and consumer goods. Based on Singapore trade statistics, Singapore’s main import partners are China, European Union, Malaysia, United States and Japan.

Singapore Map

Singapore Import Data

Singapore import data is based on actual shipping recorded collected from Port Authorities, Shipping & Logistics Companies, Trade Associations, Government Bodies and other authorized sources. It contains both facts and figures that are crucial to know and understand country’s import activities. Singapore trade data contains information related to import-export documents like import bills, shipping bills & invoices.

Singapore import data is also useful to analyze trade of particular commodities at all HS classified system codes. Whether you want to know which products Singapore imports the most or which industries are popular into the country; Singapore shipment data covers information on every product and industry. We also provide historical Singapore trade data, which is available from 2008 onwards. Singapore import data covers 4400000+ shipment records and 50000+ total importers.

SAMPLE

Singapore Import Data

Singapore import data contains valuable information on all market components including trading partner, HS Code, product, import value, import quantity and so on. Singapore import statistics also help you analyze import traffic at various ports in Singapore with information about mode of transport. On the whole, Singapore trade data contains all important columns that are useful in understanding every market aspect of Singapore. Here is a sample of Singapore import data and understand what information you will find in data.

smaple
Period July 2020 Origin Country China (CN)
Port of Loading Hong Kong HS Code 85171200
HS Code Description Telephones for cellular networks or for other wireless networks
Quantity 1 Unit Pieces
Value SGD 604.99 Value USD 436
Unit Price SGD per Quantity 604.99 Unit Price USD per Quantity 435.97
Transport Air    

Singapore Imports

Singapore’s Top 10 Imports

Based on Singapore import data, Singapore’s top 10 import commodities in 2020 were Electrical Machinery & Equipment (33%), Machinery (16%), Mineral Fuels & Oils (14.9%), Pearls and Precious Stones (6.8%), Optical, Photographic, Medical Equipment (3.8%), Plastics & Articles (2.1%), Organic Chemicals (2.1%), Aircraft, Spacecraft & Parts (1.9%), Essential Oils & Resinoids (1.2%) and Miscellaneous Chemical Products (1.2%).

According to Singapore import statistics, Singapore’s top 10 import products accounted for 83% to overall value of shipments recorded in 2020. Singapore trade data also shows imported gems & precious metals was the fastest growing top category thanks to its 19.7% year-over-year gain. Singapore shipment data reveals, leading decliner among top 10 import categories was aircraft and spacecraft due to its -45.1% drop year over year. Below given chart shows dollar amount of Singapore’s top 10 import commodities recorded in 2020.

Singapore Top 10 Imports

Singapore Import Partners

Singapore’s Top 10 Import Partners

Singapore import data shows Singapore’s top 10 import sources in 2020 – China (USD 47.4 billion), Malaysia (USD 41.8 billion), Taipei, Chinese (USD 36.3 billion), United States (USD 35.1 billion), Japan (USD 18.1 billion), South Korea (USD 15.5 billion), Indonesia (USD 13.9 billion), France (USD 10.2 billion), Thailand (USD 9.7 billion) and Germany (USD 8.8 billion).

According to Singapore trade data, Singapore’s top 10 import partners accounted for about 72% to overall value of import shipments registered in 2020. Region-wise, about 68% of Singapore’s total imports by value in 2020 were imported from fellow Asian countries. European trade partners shipped 15.2% of goods to Singapore, while 11.9% worth of goods originated from North America. Smaller percentages came from Oceania (1.8%), Africa (1.2%) and Latin America (1.1%). Here is a chart which shows percentage share of Singapore’s top 10 import partners in 2020.

Singapore Top 10 Import Partners

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