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Trade between China and Singapore

In 2024, China exported $56.2 billion to Singapore and imported $39.4 billion. China ran a surplus of $16.8 billion with Singapore, compared with a surplus of $12.8 billion in 2019. Singapore was China’s 20th largest trading partner (2% of its trade), and China was Singapore’s largest (12%).

Summary

China → Singapore
$56.2billion
Singapore → China
$39.4billion
China’s balance
$16.8billion

Balance

China’s trade balance with Singapore

Trade between China and Singapore grew 12.4-fold since 1995

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

  • Exports 56.2
  • Imports 39.4
  • Balance +16.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$4.1 billion$3.6 billion$506 million
1996$4.6 billion$3.7 billion$882 million
1997$5.8 billion$4.8 billion$1 billion
1998$5 billion$4.4 billion$590 million
1999$5.7 billion$4.2 billion$1.5 billion
2000$7.3 billion$5.5 billion$1.8 billion
2001$7.3 billion$5.3 billion$2 billion
2002$9 billion$7.4 billion$1.5 billion
2003$11.3 billion$10.3 billion$913 million
2004$16.4 billion$13.9 billion$2.5 billion
2005$18.4 billion$16.8 billion$1.7 billion
2006$25 billion$18.3 billion$6.8 billion
2007$32.8 billion$19.1 billion$13.7 billion
2008$33.7 billion$21.9 billion$11.8 billion
2009$26.5 billion$18.7 billion$7.7 billion
2010$31.2 billion$28.7 billion$2.5 billion
2011$37.8 billion$32.3 billion$5.5 billion
2012$39.8 billion$29.8 billion$10 billion
2013$44.3 billion$31.9 billion$12.4 billion
2014$45.3 billion$35.6 billion$9.7 billion
2015$42.8 billion$30.4 billion$12.3 billion
2016$40.1 billion$28.9 billion$11.2 billion
2017$46.9 billion$51.2 billion-$4.3 billion
2018$50.6 billion$35.8 billion$14.7 billion
2019$50.7 billion$37.9 billion$12.8 billion
2020$51.3 billion$33.5 billion$17.8 billion
2021$52.9 billion$42.4 billion$10.5 billion
2022$62.8 billion$37.9 billion$24.9 billion
2023$63 billion$38.7 billion$24.3 billion
2024$56.2 billion$39.4 billion$16.8 billion

What they sell each other

What China sells to Singapore

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

  1. Cameras and broadcast equipment$6.9 billion · 12.4%
    14 thousand tonnes
  2. Microchips$6.4 billion · 11.4%
    2 thousand tonnes · China’s destinations
  3. Refined petroleum$4.6 billion · 8.3%
    6.9 million tonnes · China’s destinations
  4. Computers$3.4 billion · 6.1%
    11 thousand tonnes · China’s destinations
  5. Computer and office machine parts$2.1 billion · 3.8%
    23 thousand tonnes
  6. Phones and telecom equipment$1.4 billion · 2.4%
    5 thousand tonnes
  7. Other industrial machines$1.2 billion · 2.1%
    41 thousand tonnes
  8. Diodes, transistors and solar cells$1.2 billion · 2.1%
    34 thousand tonnes
  9. Shipping containers$871 million · 1.6%
    506 thousand tonnes
  10. Ethers and organic peroxides$799 million · 1.4%
    1 million tonnes

What Singapore sells to China

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

  1. Microchips$8.1 billion · 20.5%
    502 tonnes · Singapore’s destinations
  2. Other industrial machines$7 billion · 17.8%
    16 thousand tonnes
  3. Refined petroleum$3.7 billion · 9.5%
    3.2 million tonnes · Singapore’s destinations
  4. Vaccines, blood and antisera$1.6 billion · 4.1%
    383 tonnes · Singapore’s destinations
  5. Other measuring instruments$1.3 billion · 3.4%
    5 thousand tonnes
  6. Polyethylene$1.3 billion · 3.4%
    1.2 million tonnes · Singapore’s destinations
  7. Gold$1.3 billion · 3.2%
    25 tonnes · Singapore’s destinations
  8. Diodes, transistors and solar cells$1 billion · 2.6%
    943 tonnes
  9. Cyclic hydrocarbons$721 million · 1.8%
    755 thousand tonnes
  10. Polypropylene$720 million · 1.8%
    624 thousand tonnes · Singapore’s destinations

How it travels

Estimated sea route from Shanghai to Singapore.

The estimated sea route between Shanghai and Singapore is 2,231 nautical miles (4,131 km) long: ≈ 5–6.5 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$41.3 billion · 43.2%
  2. Air$54.3 billion · 56.8%

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

How much each matters to the other

Singapore was China’s 20th largest trading partner (2% of its trade), and China was Singapore’s largest (12%).

Singapore in China’s trade
1.7%
Singapore’s rank among China’s partners
20th
China in Singapore’s trade
12.3%
China’s rank among Singapore’s partners
1st

Compare with

Other partners of China

Other partners of Singapore

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.