globaltraffic.earth

Trade between Australia and Singapore

In 2024, Australia exported $7.8 billion to Singapore and imported $10 billion. Australia ran a deficit of $2.3 billion with Singapore, compared with a deficit of $2.4 billion in 2019. Singapore was Australia’s 9th largest trading partner (3% of its trade), and Australia was Singapore’s 13th (2%).

Summary

Australia → Singapore
$7.8billion
Singapore → Australia
$10billion
Australia’s balance
-$2.3billion

Balance

Australia’s trade balance with Singapore

Trade between Australia and Singapore grew 4.5-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 7.8
  • Imports 10
  • Balance -2.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2 billion$1.9 billion$47 million
1996$2.1 billion$2.1 billion-$35 million
1997$2 billion$1.9 billion$92 million
1998$2 billion$1.9 billion$175 million
1999$2.7 billion$2.8 billion-$81 million
2000$2.4 billion$2.3 billion$73 million
2001$3 billion$2.2 billion$776 million
2002$2.6 billion$2.4 billion$233 million
2003$2.1 billion$2.9 billion-$758 million
2004$2.4 billion$4.6 billion-$2.2 billion
2005$3.1 billion$6.6 billion-$3.5 billion
2006$3.4 billion$8.1 billion-$4.7 billion
2007$3.2 billion$9.5 billion-$6.3 billion
2008$4.7 billion$14.1 billion-$9.3 billion
2009$4.1 billion$9.4 billion-$5.3 billion
2010$3.8 billion$10.3 billion-$6.5 billion
2011$4.2 billion$14.3 billion-$10.1 billion
2012$5.4 billion$14.7 billion-$9.4 billion
2013$5.3 billion$12.8 billion-$7.5 billion
2014$7.7 billion$11.5 billion-$3.8 billion
2015$5.2 billion$6.9 billion-$1.7 billion
2016$3.7 billion$5.6 billion-$1.9 billion
2017$4.1 billion$7.3 billion-$3.2 billion
2018$5.5 billion$9.2 billion-$3.8 billion
2019$6.3 billion$8.7 billion-$2.4 billion
2020$6.9 billion$6.2 billion$699 million
2021$7.2 billion$10.4 billion-$3.2 billion
2022$8.8 billion$14.6 billion-$5.9 billion
2023$7 billion$11.6 billion-$4.6 billion
2024$7.8 billion$10 billion-$2.3 billion

What they sell each other

What Australia sells to Singapore

The top 10 headings in 2024, with their share of the total.

  1. Gold$2.9 billion · 37.6%
    37 tonnes · Australia’s destinations
  2. Natural gas and LPG$1.3 billion · 16.8%
    2.8 million tonnes
  3. Crude petroleum$876 million · 11.3%
    2.2 million tonnes · Australia’s destinations
  4. Refined petroleum$652 million · 8.4%
    914 thousand tonnes · Australia’s destinations
  5. Beef, mutton and goat tallow$227 million · 2.9%
    257 thousand tonnes
  6. Pork$90 million · 1.2%
    19 thousand tonnes
  7. Aircraft parts$84 million · 1.1%
    107 tonnes
  8. Fresh beef$70 million · 0.91%
    4 thousand tonnes
  9. Lamb and goat meat$68 million · 0.88%
    15 thousand tonnes · Australia’s destinations
  10. Diamonds$64 million · 0.83%

What Singapore sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$6.3 billion · 63.3%
    10.8 million tonnes · Singapore’s destinations
  2. Other food preparations$423 million · 4.2%
    11 thousand tonnes
  3. Computers$338 million · 3.4%
    2 thousand tonnes · Singapore’s destinations
  4. Vaccines, blood and antisera$283 million · 2.8%
    39 tonnes · Singapore’s destinations
  5. Fragrance mixtures$140 million · 1.4%
    3 thousand tonnes
  6. Petroleum coke and bitumen$139 million · 1.4%
    254 thousand tonnes
  7. Polyethylene$97 million · 0.97%
    87 thousand tonnes · Singapore’s destinations
  8. Fuel and lubricant additives$94 million · 0.94%
    24 thousand tonnes
  9. Orthopedic and hearing devices$84 million · 0.84%
    76 tonnes
  10. Cocoa paste$83 million · 0.83%
    11 thousand tonnes

How it travels

Estimated sea route from Sydney to Singapore.

The estimated sea route between Sydney and Singapore is 4,295 nautical miles (7,954 km) long: ≈ 10–13 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$12.6 billion · 71.2%
  2. Air$5.1 billion · 28.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Singapore was Australia’s 9th largest trading partner (3% of its trade), and Australia was Singapore’s 13th (2%).

Singapore in Australia’s trade
2.7%
Singapore’s rank among Australia’s partners
9th
Australia in Singapore’s trade
2.3%
Australia’s rank among Singapore’s partners
13th

Compare with

Sources and methodology

Sources and licenses

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

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