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Home » Asia » Where does Singapore import from?

Where does Singapore import from?

December 14, 2021 by Sadie Daniel

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Singapore Imports By Country Value Year
China $47.53B 2020
Malaysia $41.87B 2020
United States $35.19B 2020
Japan $18.14B 2020

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Contents

Where does Singapore import the most from?

China
Yearly Imports
The most common import partners for Singapore are China ($52.4B), Malaysia ($36.2B), United States ($28.4B), Chinese Taipei ($22.9B), and Japan ($17B).

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%)

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.

Does Singapore import from China?

Singapore Imports from China was US$47.53 Billion during 2020, according to the United Nations COMTRADE database on international trade. Singapore Imports from China – data, historical chart and statistics – was last updated on November of 2021.

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).

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What is manufactured in Singapore?

Key industry clusters in Singapore’s manufacturing include electronics, chemicals, biomedical sciences, logistics and transport engineering. In the third quarter of 2017, the manufacturing sector grew by 35%, with clusters like electronics and precision engineering benefiting from high demand.

What is Singapore main import?

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 do Singapore import from USA?

The top import categories (2-digit HS) in 2020 were: precious metal and stone (gold) ($5.6 billion), pharmaceuticals ($4.3 billion), machinery ($3.9 billion), optical and medical instruments ($3.6 billion), and miscellaneous food (preperations for beverage manufacture) ($3.2 billion).

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.

Does Singapore import pork from USA?

Currently we have 25 approved countries exporting pork and pork products to us.Singapore imports pork and pork products only from SFA-approved sources. Mexico is not an approved country to export meat products to Singapore.

Where does Singapore import their food?

In 2019, the top partner countries from which Singapore Imports Food Products include France, Malaysia, China, United Kingdom and Indonesia.

Where does Singapore import meat?

Singapore Imports by Country Last Previous
United Kingdom 682.30 733.63
Australia 528.74 570.75
Saudi Arabia 455.76 662.96
Hong Kong 362.12 378.22
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How many countries does Singapore import from?

In 2019, Singapore major trading partner countries for exports were China, Hong Kong, China, Malaysia, United States and Indonesia and for imports they were China, United States, Malaysia, Other Asia, nes and Japan.

What Singapore imports from India?

Singapore Imports from India Value Year
Mineral fuels, oils, distillation products $2.11B 2020
Machinery, nuclear reactors, boilers $451.43M 2020
Pearls, precious stones, metals, coins $382.00M 2020
Aluminum $342.57M 2020

What does Singapore import from Africa?

Singapore Imports from South Africa Value Year
Organic chemicals $123.58M 2020
Nickel $64.15M 2020
Pearls, precious stones, metals, coins $52.30M 2020
Edible fruits, nuts, peel of citrus fruit, melons $45.61M 2020

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 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 rely on imports?

The Singaporean economy depends heavily on exports and refining imported goods, especially in manufacturing. Singapore’s imports include machinery and equipment, mineral fuels, chemicals, foodstuffs and consumer goods.

Who is the richest man in Singapore?

Forrest Li
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged.

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What is the biggest company in Singapore?

Largest companies in Singapore by market capitalization

# Name C.
1 Sea (Garena) 1SE
2 DBS 2DBSDF
3 OCBC Bank 3O39.SI
4 UOB 4U11.SI

Filed Under: Asia

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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