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Trade between France and Singapore

In 2024, France exported $11.9 billion to Singapore and imported $3.3 billion. France ran a surplus of $8.6 billion with Singapore, compared with a surplus of $7.2 billion in 2019. Singapore was France’s 19th largest trading partner (1% of its trade), and France was Singapore’s 14th (2%).

Summary

France → Singapore
$11.9billion
Singapore → France
$3.3billion
France’s balance
$8.6billion

Balance

France’s trade balance with Singapore

Trade between France and Singapore grew 3.3-fold since 1995

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

  • Exports 11.9
  • Imports 3.3
  • Balance +8.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.6 billion$2 billion$578 million
1996$3.6 billion$2.5 billion$1 billion
1997$3.3 billion$2.3 billion$1.1 billion
1998$2.6 billion$2.1 billion$432 million
1999$2.5 billion$2.4 billion$161 million
2000$2.3 billion$2.5 billion-$215 million
2001$2.2 billion$1.9 billion$248 million
2002$2.1 billion$1.8 billion$309 million
2003$2.8 billion$2.8 billion$34 million
2004$4.3 billion$3.4 billion$901 million
2005$4 billion$3.9 billion$85 million
2006$5.1 billion$3.8 billion$1.3 billion
2007$5.8 billion$4.9 billion$931 million
2008$7.7 billion$4.5 billion$3.2 billion
2009$7.9 billion$3 billion$4.9 billion
2010$6.9 billion$4.2 billion$2.7 billion
2011$8 billion$5.7 billion$2.3 billion
2012$8.3 billion$5.3 billion$3.1 billion
2013$7.6 billion$4.2 billion$3.4 billion
2014$7.7 billion$3.9 billion$3.9 billion
2015$7.2 billion$2.9 billion$4.3 billion
2016$8 billion$2.4 billion$5.6 billion
2017$8.3 billion$3.4 billion$4.9 billion
2018$10.7 billion$3 billion$7.7 billion
2019$11.2 billion$4 billion$7.2 billion
2020$9.6 billion$2.2 billion$7.5 billion
2021$10.9 billion$2 billion$9 billion
2022$11.9 billion$2.3 billion$9.6 billion
2023$12.9 billion$3.1 billion$9.8 billion
2024$11.9 billion$3.3 billion$8.6 billion

What they sell each other

What France sells to Singapore

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

  1. Turbojets and gas turbines$1.4 billion · 11.4%
    751 tonnes · France’s destinations
  2. Makeup and skin care$1.2 billion · 9.9%
    19 thousand tonnes · France’s destinations
  3. Microchips$816 million · 6.9%
    51 tonnes · France’s destinations
  4. Jewelry$804 million · 6.8%
    5 tonnes · France’s destinations
  5. Perfumes$730 million · 6.1%
    9 thousand tonnes · France’s destinations
  6. Bags, suitcases and cases$704 million · 5.9%
    3 thousand tonnes
  7. Spirits$685 million · 5.8%
    15 thousand tonnes
  8. Aircraft parts$603 million · 5.1%
    464 tonnes
  9. Wine$513 million · 4.3%
    12 thousand tonnes · France’s destinations
  10. Airplanes and helicopters$449 million · 3.8%
    521 tonnes · France’s destinations

What Singapore sells to France

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

  1. Refined petroleum$978 million · 29.8%
    1.2 million tonnes · Singapore’s destinations
  2. Turbojets and gas turbines$208 million · 6.3%
    101 tonnes · Singapore’s destinations
  3. Glands, heparin and organ extracts$195 million · 5.9%
    11 tonnes
  4. Other industrial machines$171 million · 5.2%
    349 tonnes
  5. Airplanes and helicopters$151 million · 4.6%
    192 tonnes · France’s sources
  6. Orthopedic and hearing devices$143 million · 4.4%
    678 tonnes
  7. Microchips$116 million · 3.5%
    297 tonnes · Singapore’s destinations
  8. Discs and storage media$109 million · 3.3%
    118 tonnes
  9. Glass and lamp making machines$79 million · 2.4%
    2 tonnes
  10. Navigation instruments$78 million · 2.4%
    71 tonnes

How it travels

France and Singapore traded $15.2 billion in 2024 (both directions together). They trade mostly by air: 81% of the value travels by plane.

Split by transport mode

  1. Sea$2.9 billion · 19.2%
  2. Air$12.3 billion · 80.8%

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

How much each matters to the other

Singapore was France’s 19th largest trading partner (1% of its trade), and France was Singapore’s 14th (2%).

Singapore in France’s trade
1.1%
Singapore’s rank among France’s partners
19th
France in Singapore’s trade
2%
France’s rank among Singapore’s partners
14th

Compare with

Other partners of France

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.