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How dependent is Singapore on China?

In 2024, China sold $56.2 billion to Singapore, 12.7% of its imports, ranking 2nd among its suppliers. Its share was 14.3% in 2019 and 3.2% in 1995. In 124 products it sells more than 50% of what Singapore buys of them (in 28, more than 75%); what Singapore buys from China in those products (dominated value) adds up to $13.6 billion, 3.1% of its imports.

Summary

Share of its imports
12.7%
Value imported
$56.2billion
Rank among its suppliers
2nd
Products where it sells over 50%
124
Products where it sells over 75%
28
Dominated value
$13.6billion
Share of total imports
3.1%

Trend

Trend in shares

China went from 3.2% to 12.7% of what Singapore buys

Share (%)

  • China 12.7%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954,1183.2%8
19964,5623.4%9
19975,7704.2%5
19984,9904.6%6
19995,7444.9%4
20007,2975.1%4
20017,2625.8%4
20028,9717.2%4
200311,2628%4
200416,4429.3%4
200518,43010%3
200625,04511.5%3
200732,78912.2%2
200833,71110.4%3
200926,48910.7%3
201031,20410.6%3
201137,80410.5%1
201239,79710.3%2
201344,28411.3%1
201445,29411.9%1
201542,77513.7%1
201640,08913.7%1
201746,91113.8%1
201850,56513.7%1
201950,68114.3%1
202051,33815.2%1
202152,85913.1%1
202262,81713.5%1
202362,95114.9%1
202456,18212.7%2

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina54.9%Malaysia · 10.8%$6.9 billion
Phones and telecom equipmentChina70.4%Taiwan · 8.1%$1.4 billion
Shipping containersChina83.6%over 75%Malaysia · 12.7%$871 million
CranesChina75.7%over 75%Germany · 5%$459 million
Acetic acid and other saturated acidsChina57.9%United States · 14.8%$330 million
Unwrought nickelChina51.9%Indonesia · 34.4%$302 million
Aluminum structuresChina72%Malaysia · 15.4%$200 million
Buoys, rafts and floating structuresChina87.6%over 75%United States · 3.3%$198 million
Lamps and light fittingsChina58.6%Germany · 5.1%$189 million
Earthmoving and drilling machinesChina63.9%Germany · 10%$184 million
Other printed matter (catalogs and pictures)China73.3%United States · 7%$179 million
Cyclic hydrocarbonsChina52.3%Malaysia · 13.4%$158 million
ToysChina62.6%Indonesia · 13.4%$135 million
Coated flat steelChina57.4%Japan · 13.9%$112 million
Other hand toolsChina59.1%United States · 10.1%$94 million
Mattresses, pillows and quiltsChina55.9%Indonesia · 11.4%$93 million
Aluminum sheetChina57.9%Malaysia · 13.4%$88 million
Other inorganic acid estersChina77.5%over 75%Taiwan · 7.5%$86 million
Ceramic tilesChina62.7%Malaysia · 14.8%$85 million
Polycarboxylic acidsChina53.6%United States · 13.6%$80 million
Steam boilersChina62.9%South Korea · 12.8%$71 million
Other knitted garmentsChina59.2%Malaysia · 8.9%$69 million
Safety glass (tempered and laminated)China74.9%Malaysia · 9.6%$63 million
Aluminum foilChina69.1%Malaysia · 6.4%$55 million
Wood joineryChina54.7%Malaysia · 27%$53 million
Steel kitchenware and household articlesChina56.4%Malaysia · 17%$52 million
Self-propelled trains and tramsChina86.3%over 75%Japan · 11.2%$51 million
Bed, table and kitchen linenChina73.4%Pakistan · 5.3%$49 million
Worked stoneChina66.9%Italy · 11.4%$48 million
Plastic floor and wall coveringsChina68.5%United States · 7.2%$47 million

and 94 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Singapore is China’s 21st-largest customer, with 1.6% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.