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| Singapore Exports By Country | Value | Year |
|---|---|---|
| China | $51.61B | 2020 |
| Hong Kong | $46.33B | 2020 |
| United States | $40.27B | 2020 |
| Malaysia | $33.40B | 2020 |
Contents
Where does Singapore export to most?
China
Yearly Exports
The most common destination for the exports of Singapore are China ($45.8B), Hong Kong ($39.1B), Malaysia ($28.2B), United States ($24.8B), and Indonesia ($19.8B).
Which countries does Singapore trade with the most?
Top 10 Singapore’s major trading partners
- China: US$51.5 billion (13.8%)
- Hong Kong: $46.2 billion (12.4%)
- United States: $40.2 billion (10.7%)
- Malaysia: $33.3 billion (8.9%)
- Indonesia: $21.5 billion (5.7%)
- Taiwan: $18.3 billion (4.9%)
- Japan: $17.9 billion (4.8%)
- South Korea: $16.8 billion (4.5%)
What does Singapore export to the world?
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (71) Precious Stones & Metals | $17,762,120,664 |
| (39) Plastics | $14,603,445,566 |
| (29) Organic Chemicals | $12,870,817,806 |
| (33) Cosmetics | $9,671,295,760 |
What does Singapore trade with other countries?
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 does Singapore export to USA?
Leading domestic export categories include: animal fats ($227 million), vegetable oils (excluding soybean) ($160 million), dairy products ($85 million), food preparations ($63 million), and essential oils ($47 million).
Where does Singapore get its money?
The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.
What does Singapore import from Australia?
Major Australian exports were petroleum (crude and refined), non-monetary gold, meat, milk and cream, aircraft and parts, and food and live animals. Major imports from Singapore were refined petroleum, computers and parts, musical instruments, and integrated circuits. Services are also a key part of our exports.
What does Singapore import from China?
| Singapore Imports from China | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $19.98B | 2020 |
| Machinery, nuclear reactors, boilers | $10.38B | 2020 |
| Mineral fuels, oils, distillation products | $4.95B | 2020 |
| Optical, photo, technical, medical apparatus | $1.36B | 2020 |
Is Singapore friend of India?
Relations between the two countries have traditionally been strong and friendly, with the two nations enjoying extensive cultural and commercial relations.
What does Singapore export to Australia?
The main products that Singapore exported to Australia are Refined Petroleum ($4.62B), Other Edible Preparations ($402M), and Crude Petroleum ($249M). During the last 24 years the exports of Singapore to Australia have increased at an annualized rate of 6.03%, from $1.98B in 1995 to $8.06B in 2019.
What does Singapore import from UK?
| Singapore Imports from United Kingdom | Value | Year |
|---|---|---|
| Machinery, nuclear reactors, boilers | $3.82B | 2020 |
| Organic chemicals | $1.01B | 2020 |
| Beverages, spirits and vinegar | $515.50M | 2020 |
| Electrical, electronic equipment | $437.41M | 2020 |
What does Singapore export to Brazil?
In 2019, Singapore exported $821M to Brazil. The main products exported from Singapore to Brazil were Integrated Circuits ($181M), Pesticides ($117M), and Gas Turbines ($70.5M).
What does Singapore import from Japan?
| Singapore Imports from Japan | Value | Year |
|---|---|---|
| Machinery, nuclear reactors, boilers | $3.36B | 2020 |
| Pearls, precious stones, metals, coins | $2.08B | 2020 |
| Optical, photo, technical, medical apparatus | $945.66M | 2020 |
| Vehicles other than railway, tramway | $722.37M | 2020 |
Does Singapore import or export more?
Singapore Service Trade data from WDI 2019
Singapore, Imports of goods and services as percentage of GDP is 147.63 %. Singapore, Exports of goods and services as percentage of GDP is 175.89 %.
Where does Singapore’s food come 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.
Is Singapore a US ally?
U.S.-SINGAPORE RELATIONS
For more than 55 years, the United States and Singapore have forged an expansive and enduring relationship based on mutual economic interests, robust security and defense cooperation, and enduring people-to-people ties.
What does Australia import and export to Singapore?
Based on International Enterprise Singapore’s Statlink statistics, Australia was the largest supplier of beef, cheese and lamb products in 2016. Australia was also the second largest supplier of pork, milk and cream products to Singapore.
Is Singapore more developed than Malaysia?
Economic Overview
Singapore’s highly developed economy enjoys stable prices and a per capita GDP higher than that of most developed countries. According to the World Bank’s 2017 Ease of Doing Business Report, Singapore ranks #2 as the easiest place to do business in the world, while Malaysia is ranked #24.
Who transformed Singapore?
Lee Kuan Yew
| Lee Kuan Yew GCMG CH SPMJ DK | |
|---|---|
| Born | Harry Lee Kuan Yew16 September 1923 Singapore, Straits Settlements |
| Died | 23 March 2015 (aged 91) Singapore |
| Cause of death | Pneumonia |
| Political party | People’s Action Party |
Is Singapore is a part of China?
Singapore was the last country in Southeast Asia to formally recognize the People’s Republic of China. Singapore still maintains unofficial relations with the Republic of China, including the continuation of a controversial military training and facilities agreement from 1975.
