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Who buys Singapore’s cargo and passenger ships? Export destinations 2024

In 2024, Singapore exported $1.4 billion of cargo and passenger ships (507 thousand tonnes), 1.7% of the world total. Its main destinations were South Korea (24%), Norway (15%) and Israel (13%). Singapore was the world’s 7th-largest exporter of cargo and passenger ships.

Summary

Value
$1.4billion
Tonnes
507thousand tonnes
Share of world total
1.7%
World rank
7th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
South Korea346Tonnes: 334,665USD per tonne: $1,03324%Sea
Norway221Tonnes: 435USD per tonne: $508,28315.4%Air
Israel188Tonnes: —USD per tonne: —13.1%Sea
Poland103Tonnes: 21,720USD per tonne: $4,7407.2%Sea
Italy82Tonnes: 16,598USD per tonne: $4,9375.7%Sea
Germany79.8Tonnes: 30,774USD per tonne: $2,5945.6%Sea
United Kingdom54.2Tonnes: 1,308USD per tonne: $41,4553.8%Sea
Thailand43.2Tonnes: 39,033USD per tonne: $1,1073%Sea
Cambodia34Tonnes: 5,185USD per tonne: $6,5482.4%Sea
Spain31.7Tonnes: 4,773USD per tonne: $6,6312.2%Sea
Angola22.6Tonnes: 11,311USD per tonne: $1,9971.6%Sea
Philippines20.8Tonnes: 1,814USD per tonne: $11,4781.5%Sea
Denmark19.6Tonnes: 393USD per tonne: $49,8801.4%Air
United Arab Emirates19.1Tonnes: 1,169USD per tonne: $16,3001.3%Sea
Netherlands re-exports17.3Tonnes: 1,045USD per tonne: $16,5151.2%Sea
Ghana17.1Tonnes: 1,029USD per tonne: $16,6101.2%Sea
Cyprus15.7Tonnes: 405USD per tonne: $38,7381.1%Air
France15.4Tonnes: 420USD per tonne: $36,5411.1%Sea
Indonesia12.6Tonnes: 14,431USD per tonne: $8740.88%Sea
Croatia12.4Tonnes: 744USD per tonne: $16,6100.86%Sea

Trend

Who it sells to

South Korea has been its main destination since 2024

Value in USD millions. The five largest destinations in 2024.

  • South Korea 346
  • Norway 221
  • Israel 188
  • Poland 103
  • Italy 82

Source: CEPII BACI

Show the numbers
Partner19952024
South Korea18.3346
Norway0.24221
Israel2.8188
Poland0103
Italy082

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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