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Trade between Canada and Singapore

In 2024, Canada exported $3 billion to Singapore and imported $1.1 billion. Canada ran a surplus of $1.9 billion with Singapore, compared with a surplus of $630 million in 2019. Singapore was Canada’s 23rd largest trading partner (0.4% of its trade), and Canada was Singapore’s 26th (0.5%).

Summary

Canada → Singapore
$3billion
Singapore → Canada
$1.1billion
Canada’s balance
$1.9billion

Balance

Canada’s trade balance with Singapore

Trade between Canada and Singapore grew 2.7-fold since 1995

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

  • Exports 3
  • Imports 1.1
  • Balance +1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$530 million$987 million-$458 million
1996$587 million$945 million-$358 million
1997$658 million$888 million-$229 million
1998$431 million$995 million-$564 million
1999$401 million$902 million-$502 million
2000$481 million$940 million-$459 million
2001$430 million$754 million-$323 million
2002$569 million$641 million-$72 million
2003$537 million$781 million-$244 million
2004$734 million$784 million-$51 million
2005$662 million$846 million-$183 million
2006$812 million$979 million-$167 million
2007$1.1 billion$1.5 billion-$403 million
2008$1.1 billion$1.2 billion-$164 million
2009$1.2 billion$1.1 billion$124 million
2010$986 million$1.2 billion-$184 million
2011$1.1 billion$1.6 billion-$525 million
2012$1.2 billion$1.4 billion-$288 million
2013$1.2 billion$1.3 billion-$58 million
2014$1.4 billion$1.1 billion$352 million
2015$1.5 billion$747 million$766 million
2016$1.2 billion$723 million$520 million
2017$1.3 billion$874 million$447 million
2018$1.4 billion$1.1 billion$376 million
2019$1.8 billion$1.2 billion$630 million
2020$1.6 billion$1.2 billion$475 million
2021$1.4 billion$869 million$565 million
2022$2 billion$1 billion$979 million
2023$1.9 billion$1.1 billion$804 million
2024$3 billion$1.1 billion$1.9 billion

What they sell each other

What Canada sells to Singapore

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

  1. Turbojets and gas turbines$946 million · 31.1%
    366 tonnes · Canada’s destinations
  2. Gold$754 million · 24.8%
    8 tonnes · Canada’s destinations
  3. Crude petroleum$407 million · 13.4%
    733 thousand tonnes · Canada’s destinations
  4. Airplanes and helicopters$93 million · 3.1%
    63 tonnes · Canada’s destinations
  5. Microchips$64 million · 2.1%
    1 tonne · Singapore’s sources
  6. Refined petroleum$44 million · 1.4%
    43 thousand tonnes · Canada’s destinations
  7. Aircraft parts$43 million · 1.4%
    80 tonnes
  8. Polyethylene$39 million · 1.3%
    40 thousand tonnes · Canada’s destinations
  9. 73 tonnes · Canada’s destinations
  10. 711 tonnes

What Singapore sells to Canada

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

  1. 899 tonnes
  2. Turbojets and gas turbines$86 million · 7.7%
    111 tonnes · Singapore’s destinations
  3. Vaccines, blood and antisera$81 million · 7.2%
    30 tonnes · Singapore’s destinations
  4. 107 tonnes
  5. Other plastic articles$51 million · 4.5%
    231 tonnes
  6. 150 tonnes
  7. 46 tonnes
  8. 265 tonnes · Singapore’s destinations
  9. 9 thousand tonnes · Singapore’s destinations
  10. Refined petroleum$35 million · 3.1%
    35 thousand tonnes · Singapore’s destinations

How it travels

Estimated sea route from Vancouver to Singapore.

The estimated sea route between Vancouver and Singapore is 7,325 nautical miles (13,565 km) long: ≈ 17–22 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$955 million · 23%
  2. Air$3.2 billion · 77%

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

How much each matters to the other

Singapore was Canada’s 23rd largest trading partner (0.4% of its trade), and Canada was Singapore’s 26th (0.5%).

Singapore in Canada’s trade
0.4%
Singapore’s rank among Canada’s partners
23rd
Canada in Singapore’s trade
0.5%
Canada’s rank among Singapore’s partners
26th

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.