Singapore Imports from United States | Value | Year |
---|---|---|
Machinery, nuclear reactors, boilers | $13.45B | 2020 |
Electrical, electronic equipment | $4.41B | 2020 |
Aircraft, spacecraft | $3.16B | 2020 |
Optical, photo, technical, medical apparatus | $3.04B | 2020 |
Contents
What are the main imports of Singapore?
Major imports are machinery and transport equipment and crude petroleum, while machinery and refined petroleum products are the major exports. China, the United States, Indonesia, Malaysia, and Japan are Singapore’s principal trading partners.
What is the main import of the United States?
The United States is the world’s second biggest importer. Main imports are: capital goods (22 percent) and consumer goods (21 percent). Others include: automotive vehicles, parts and engines (12 percent) and foods, feeds and beverages (5 percent).
What is the US main export?
Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country’s total exports. This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.
What is US biggest export and import?
Overview In August 2021 United States exported $148B and imported $246B, resulting in a negative trade balance of $97.7B.Trade In August 2021, the top exports of United States were Refined Petroleum ($8.1B), Aircraft Parts ($6.95B), Crude Petroleum ($6.32B), Petroleum Gas ($5.61B), and Cars ($4.56B).
Why does Singapore import?
Overview. Although Singapore manufactures food products for exports to the neighboring countries, most of the ingredients have to be imported. In an attempt to diversify exports the government promotes import, improvement and re-export of many food products to other Asian markets.
What is the most imported products in Singapore?
Top 10
- Electrical machinery, equipment: US$108.9 billion (33.1% of total imports)
- Machinery including computers: $52.9 billion (16.1%)
- Mineral fuels including oil: $49.2 billion (15%)
- Gems, precious metals: $22.6 billion (6.9%)
- Optical, technical, medical apparatus: $12.8 billion (3.9%)
What are the US Top 5 Imports?
What Are the Major U.S. Imports?
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
- Furniture, Lighting, and Signs – $72.1 billion.
- Plastics – $61.9 billion.
- Gems and precious metals – $60.8 billion.
- Organic chemicals – $54.6 billion.
What country does us import the most from?
Year-to-Date Imports
Rank | Country | Percent of Total Imports |
---|---|---|
— | Total, All Countries | 100.0% |
— | Total, Top 15 Countries | 78.6% |
1 | China | 17.5% |
2 | Mexico | 13.7% |
What are the top five countries the US imports products from?
The United States imports half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany. Although the United States can manufacture goods it imports, these exporting countries have the comparative advantage over it.
What does America import from other countries?
Top 10
- Machinery including computers: US$361.6 billion (15% of total imports)
- Electrical machinery, equipment: $343.5 billion (14.3%)
- Vehicles: $254.4 billion (10.6%)
- Pharmaceuticals: $139.5 billion (5.8%)
- Mineral fuels including oil: $130.1 billion (5.4%)
- Gems, precious metals: $107 billion (4.4%)
What does the US export 2021?
Exports of goods increased $0.3 billion to $145.9 billion in June. Exports of goods on a Census basis increased $0.2 billion. Industrial supplies and materials increased $1.2 billion. Crude oil increased $1.6 billion.
U.S. International Trade in Goods and Services, June 2021.
Deficit: | $75.7 Billion | +6.7%° |
---|---|---|
Exports: | $207.7 Billion | +0.6%° |
Imports: | $283.4 Billion | +2.1%° |
What are the US top 5 exports?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion.
- Crude oil, fuel and other petroleum products: $109 billion.
- Civilian aircraft and aircraft engines: $99 billion.
- Auto parts, engines and car tires: $86 billion.
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
Who is the US biggest trade partner?
China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.
What are US exports to China?
China was a top-five goods export destination for 45 states in 2020. The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.
What country buys the most US exports?
Canada was the largest purchaser of U.S. goods exports in 2019, accounting for 17.8 percent of total U.S. goods exports. The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion).
What is Singapore main export?
machinery and equipment
Singapore derives most of its revenues from foreign trade. The biggest export product, with 43 percent share, is machinery and equipment. The country also exports petroleum (19 percent); chemical products (13 percent); miscellaneous manufactured articles (8 percent) and oil bunkers (7 percent).
Where does Singapore import our food from?
In 2019, the top partner countries from which Singapore Imports Food Products include France, Malaysia, China, United Kingdom and Indonesia.
Where does Singapore import most of its food from?
Singapore, being land scarce, relies heavily on imports for our food. Our meat comes from as far as Brazil, our rice from Thailand and India, and our egg supply is boosted by imports from various countries including Ukraine, Poland and Spain – to name just a few key food products.
What does Singapore produce the most?
The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.
What products are in demand in Singapore?
Top eCommerce Product Categories in Singapore
Consumer electronics. Fashion and beauty. Toys, DIY, and hobbies. Personal care.