Summary
- Exports
- $331.7billion
- Imports
- $443.6billion
- Trade balance
- -$112billion
Products
What it exports
Microchips (21.3%) and refined petroleum (16.4%) together make up 37.7% of its exports.
What it imports
Microchips (21.1%) and refined petroleum (11.9%) together make up 33% of its imports.
By Harmonized System chapter (96)
| Chapter | Exports | Imports |
|---|---|---|
| 85 · Electrical and electronic equipment | $99.3 billion | $138.2 billion |
| 27 · Oil, gas and coal | $56.8 billion | $90.6 billion |
| 84 · Mechanical machinery | $47.1 billion | $67.6 billion |
| 30 · Pharmaceuticals | $22.9 billion | $5.7 billion |
| 90 · Precision and medical instruments | $19.4 billion | $13.5 billion |
| 71 · Gems and precious metals | $14.9 billion | $24.3 billion |
| 29 · Organic chemicals | $13.3 billion | $7.8 billion |
| 39 · Plastics | $12.3 billion | $7.7 billion |
| 21 · Food preparations | $5.7 billion | $1.2 billion |
| 38 · Miscellaneous chemicals | $4.7 billion | $3.7 billion |
| 33 · Perfumes and cosmetics | $4.2 billion | $4.5 billion |
| 89 · Ships and boats | $3.4 billion | $9.6 billion |
| 73 · Iron and steel products | $2 billion | $4.4 billion |
| 22 · Beverages and spirits | $1.8 billion | $3.1 billion |
| 88 · Aircraft and spacecraft | $1.4 billion | $8.2 billion |
| 40 · Rubber | $1.4 billion | $1.1 billion |
| 91 · Watches and clocks | $1.3 billion | $2.6 billion |
| 18 · Cocoa and chocolate | $1.3 billion | $1.2 billion |
| 87 · Vehicles | $1.3 billion | $4.5 billion |
| 72 · Iron and steel | $1.2 billion | $3 billion |
| 32 · Dyes, paints and tanning agents | $1.1 billion | $971 million |
| 19 · Baked goods and cereal products | $983 million | $671 million |
| 74 · Copper | $902 million | $1.2 billion |
| 34 · Soap and cleaning products | $832 million | $832 million |
| 48 · Paper and paperboard | $702 million | $1.1 billion |
| 28 · Inorganic chemicals | $674 million | $1.4 billion |
| 76 · Aluminum | $599 million | $1.8 billion |
| 61 · Knitted clothing | $574 million | $1.1 billion |
| 15 · Fats and oils | $574 million | $2.6 billion |
| 49 · Books and printed matter | $460 million | $436 million |
| 24 · Tobacco | $432 million | $670 million |
| 70 · Glass | $421 million | $1.3 billion |
| 82 · Tools and cutlery | $387 million | $768 million |
| 26 · Ores and slag | $386 million | $794 million |
| 47 · Wood pulp | $366 million | $264 million |
| 42 · Leather goods and bags | $363 million | $1.9 billion |
| 79 · Zinc | $354 million | $587 million |
| 64 · Footwear | $337 million | $883 million |
| 95 · Toys and sports gear | $329 million | $968 million |
| 83 · Miscellaneous metal goods | $322 million | $524 million |
| 94 · Furniture and lighting | $310 million | $1.6 billion |
| 23 · Animal feed and food waste | $307 million | $218 million |
| 35 · Glues, starches and enzymes | $292 million | $395 million |
| 62 · Woven clothing | $278 million | $1.1 billion |
| 37 · Photographic goods | $265 million | $335 million |
| 75 · Nickel | $253 million | $1 billion |
| 04 · Dairy, eggs and honey | $242 million | $1.1 billion |
| 81 · Other base metals | $207 million | $261 million |
| 78 · Lead | $189 million | $550 million |
| 54 · Synthetic filaments | $185 million | $78 million |
| 97 · Art and antiques | $156 million | $1.5 billion |
| 03 · Fish and seafood | $153 million | $787 million |
| 09 · Coffee, tea and spices | $144 million | $309 million |
| 80 · Tin | $131 million | $261 million |
| 55 · Synthetic staple fibers | $127 million | $215 million |
| 25 · Salt, stone and cement | $125 million | $841 million |
| 96 · Other manufactured goods | $123 million | $216 million |
| 68 · Stone, plaster and cement articles | $118 million | $1 billion |
| 63 · Home textiles and used clothing | $91 million | $283 million |
| 20 · Preserved fruit and vegetables | $87 million | $386 million |
| 17 · Sugar and sweets | $84 million | $316 million |
| 10 · Cereals | $76 million | $398 million |
| 02 · Meat and offal | $76 million | $1.2 billion |
| 11 · Milling products and malt | $70 million | $175 million |
| 41 · Hides and leather | $69 million | $52 million |
| 44 · Wood | $68 million | $434 million |
| 08 · Fruit and nuts | $67 million | $755 million |
| 59 · Coated and technical textiles | $65 million | $132 million |
| 16 · Prepared meat and fish | $64 million | $615 million |
| 31 · Fertilizers | $56 million | $21 million |
| 69 · Ceramics | $56 million | $505 million |
| 86 · Railway equipment | $54 million | $1.2 billion |
| 60 · Knitted fabric | $51 million | $34 million |
| 12 · Oilseeds and grains | $45 million | $117 million |
| 56 · Felt, nonwovens and rope | $35 million | $132 million |
| 13 · Gums and plant extracts | $33 million | $61 million |
| 05 · Other animal products | $27 million | $39 million |
| 58 · Special fabrics and lace | $23 million | $54 million |
| 07 · Vegetables | $19 million | $648 million |
| 93 · Weapons and ammunition | $18 million | $45 million |
| 36 · Explosives and matches | $15 million | $38 million |
| 92 · Musical instruments | $14 million | $66 million |
| 65 · Hats | $14 million | $123 million |
| 52 · Cotton | $13 million | $68 million |
| 06 · Live plants and flowers | $9 million | $96 million |
| 43 · Fur and fur goods | $8 million | $13 million |
| 57 · Carpets and rugs | $7 million | $60 million |
| 14 · Other plant products | $6 million | $24 million |
| 67 · Feathers and artificial flowers | $6 million | $19 million |
| 46 · Wicker and basketware | $2 million | $7 million |
| 01 · Live animals | $2 million | $241 million |
| 51 · Wool | $2 million | $5 million |
| 45 · Cork | $1 million | $2 million |
| 66 · Umbrellas and canes | $1 million | $12 million |
| 50 · Silk | $820 thousand | $9 million |
| 53 · Other plant fibers | $667 thousand | $4 million |
Trading partners
Its main destination is Hong Kong (15.6% of exports) and its main source is Taiwan (13.4% of imports).
Who it sells to
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| Hong Kong | 51.6 | 15.6% | Air |
| China | 39.4 | 11.9% | Air |
| United States | 35.2 | 10.6% | Air |
| Malaysia | 35 | 10.6% | Sea |
| Indonesia | 20.9 | 6.3% | Sea |
| Vietnam | 17 | 5.1% | Sea |
| South Korea | 10.8 | 3.3% | Air |
| Australia | 10 | 3% | Sea |
| Taiwan | 10 | 3% | Air |
| Japan | 9 | 2.7% | Air |
Who it buys from
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| Taiwan | 59.4 | 13.4% | Air |
| China | 56.2 | 12.7% | Sea |
| Malaysia | 51.6 | 11.6% | Air |
| United States | 42.6 | 9.6% | Air |
| South Korea | 29.5 | 6.7% | Air |
| Japan | 19.5 | 4.4% | Air |
| Indonesia | 15.1 | 3.4% | Sea |
| Thailand | 13.6 | 3.1% | Air |
| United Arab Emirates | 12.8 | 2.9% | Sea |
| France | 11.9 | 2.7% | Air |
Overview 1995–2024
In 2024, Singapore accounted for 1.5% of world exports, compared with 1.9% in 1995.
Exports and imports
Exports grew 3.4-fold since 1995
USD billions (current). Bars: trade balance (green surplus, red deficit).
- Exports 332
- Imports 444
- Balance -112
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $98.7 billion | $127.5 billion | -$28.9 billion |
| 1996 | $102.2 billion | $134.9 billion | -$32.7 billion |
| 1997 | $101.1 billion | $137.1 billion | -$36 billion |
| 1998 | $90.5 billion | $107.8 billion | -$17.2 billion |
| 1999 | $95 billion | $116.6 billion | -$21.6 billion |
| 2000 | $107.7 billion | $144.2 billion | -$36.5 billion |
| 2001 | $91.7 billion | $126 billion | -$34.3 billion |
| 2002 | $95.9 billion | $125.4 billion | -$29.5 billion |
| 2003 | $114.7 billion | $140 billion | -$25.4 billion |
| 2004 | $137.1 billion | $176.6 billion | -$39.5 billion |
| 2005 | $158.8 billion | $184.1 billion | -$25.3 billion |
| 2006 | $182.9 billion | $217.3 billion | -$34.4 billion |
| 2007 | $201.4 billion | $268.3 billion | -$66.8 billion |
| 2008 | $235.6 billion | $323.1 billion | -$87.6 billion |
| 2009 | $194.6 billion | $247.8 billion | -$53.2 billion |
| 2010 | $241.2 billion | $294.8 billion | -$53.6 billion |
| 2011 | $282 billion | $359.9 billion | -$77.8 billion |
| 2012 | $276.6 billion | $386.7 billion | -$110.1 billion |
| 2013 | $275 billion | $391.2 billion | -$116.2 billion |
| 2014 | $276.4 billion | $381.4 billion | -$105 billion |
| 2015 | $238.4 billion | $311.7 billion | -$73.3 billion |
| 2016 | $229.7 billion | $292.3 billion | -$62.6 billion |
| 2017 | $339.5 billion | $339.1 billion | $366 million |
| 2018 | $296.2 billion | $368 billion | -$71.8 billion |
| 2019 | $275.3 billion | $355.5 billion | -$80.2 billion |
| 2020 | $254.6 billion | $338.2 billion | -$83.6 billion |
| 2021 | $315.9 billion | $403.2 billion | -$87.3 billion |
| 2022 | $345.3 billion | $467.1 billion | -$121.8 billion |
| 2023 | $317.7 billion | $421.3 billion | -$103.6 billion |
| 2024 | $331.7 billion | $443.6 billion | -$112 billion |
World rank
Singapore fell from 13th to 24th among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 13th in 1995
- 24th in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 13th |
| 1996 | 13th |
| 1997 | 15th |
| 1998 | 16th |
| 1999 | 16th |
| 2000 | 17th |
| 2001 | 18th |
| 2002 | 19th |
| 2003 | 18th |
| 2004 | 17th |
| 2005 | 18th |
| 2006 | 18th |
| 2007 | 18th |
| 2008 | 18th |
| 2009 | 17th |
| 2010 | 19th |
| 2011 | 20th |
| 2012 | 20th |
| 2013 | 20th |
| 2014 | 20th |
| 2015 | 20th |
| 2016 | 20th |
| 2017 | 14th |
| 2018 | 19th |
| 2019 | 22nd |
| 2020 | 22nd |
| 2021 | 21st |
| 2022 | 26th |
| 2023 | 26th |
| 2024 | 24th |
What it sells
Electrical and electronic equipment became its top export group: from 30% to 30%
% of exports by Harmonized System chapter.
- Other 14%
- Plastics 4%
- Organic chemicals 4%
- Gems and precious metals 4%
- Precision and medical instruments 6%
- Pharmaceuticals 7%
- Mechanical machinery 14%
- Oil, gas and coal 17%
- Electrical and electronic equipment 30%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Electrical and electronic equipment | 30.3% | 29.9% |
| Oil, gas and coal | 9.8% | 17.1% |
| Mechanical machinery | 32.6% | 14.2% |
| Pharmaceuticals | 0.28% | 6.9% |
| Precision and medical instruments | 1.9% | 5.9% |
| Gems and precious metals | 1.6% | 4.5% |
| Organic chemicals | 2.7% | 4% |
| Plastics | 2% | 3.7% |
| Other | 19% | 13.8% |
Who it trades with
China went from 3% to 12% of Singapore's trade
% of total trade (exports + imports) with each partner.
- China 12%
- Malaysia 11%
- United States 10%
- Taiwan 9%
- Hong Kong 7%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| China | 3.4% | 12.3% |
| Malaysia | 13% | 11.2% |
| United States | 16.2% | 10% |
| Taiwan | 4.4% | 9% |
| Hong Kong | 6.7% | 7.2% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
- Senoko power station
- Tuas power station
- Pulau Seraya power station
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.