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Trade between Ireland and Singapore

In 2024, Ireland exported $2.1 billion to Singapore and imported $1 billion. Ireland ran a surplus of $1.1 billion with Singapore, compared with a surplus of $265 million in 2019. Singapore was Ireland’s 18th largest trading partner (0.8% of its trade), and Ireland was Singapore’s 31st (0.4%).

Summary

Ireland → Singapore
$2.1billion
Singapore → Ireland
$1billion
Ireland’s balance
$1.1billion

Balance

Ireland’s trade balance with Singapore

Trade between Ireland and Singapore grew 93% since 1995

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

  • Exports 2.1
  • Imports 1
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$293 million$1.3 billion-$1 billion
1996$321 million$1.6 billion-$1.3 billion
1997$335 million$2.2 billion-$1.8 billion
1998$398 million$2.2 billion-$1.8 billion
1999$505 million$1.8 billion-$1.3 billion
2000$508 million$1.8 billion-$1.3 billion
2001$465 million$1.2 billion-$762 million
2002$669 million$941 million-$272 million
2003$738 million$1.2 billion-$440 million
2004$992 million$1.1 billion-$111 million
2005$1.1 billion$1.1 billion$16 million
2006$805 million$1.5 billion-$732 million
2007$767 million$1.2 billion-$394 million
2008$1.1 billion$1.1 billion-$72 million
2009$973 million$757 million$216 million
2010$912 million$844 million$68 million
2011$863 million$425 million$438 million
2012$852 million$400 million$452 million
2013$888 million$575 million$312 million
2014$879 million$485 million$394 million
2015$865 million$489 million$375 million
2016$811 million$454 million$357 million
2017$926 million$176 million$750 million
2018$963 million$569 million$394 million
2019$698 million$433 million$265 million
2020$1.1 billion$555 million$556 million
2021$1.9 billion$601 million$1.3 billion
2022$1.1 billion$826 million$241 million
2023$1 billion$1.1 billion-$123 million
2024$2.1 billion$1 billion$1.1 billion

What they sell each other

What Ireland sells to Singapore

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

  1. Vaccines, blood and antisera$1.3 billion · 63%
    198 tonnes · Ireland’s destinations
  2. Medicines in measured doses or retail packs$130 million · 6.2%
    288 tonnes · Ireland’s destinations
  3. Physical and chemical analysis instruments$94 million · 4.5%
    158 tonnes
  4. Medical and dental instruments$75 million · 3.6%
    776 tonnes · Ireland’s destinations
  5. Printers and printing machines$65 million · 3.1%
    351 tonnes
  6. Oxygen heterocyclic compounds$45 million · 2.1%
    7 tonnes
  7. Orthopedic and hearing devices$44 million · 2.1%
    38 tonnes
  8. Computer and office machine parts$40 million · 1.9%
    101 tonnes
  9. Fragrance mixtures$38 million · 1.8%
    1 thousand tonnes
  10. Computers$26 million · 1.2%
    86 tonnes · Ireland’s destinations

What Singapore sells to Ireland

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

  1. Other industrial machines$269 million · 26.5%
    619 tonnes
  2. Vaccines, blood and antisera$265 million · 26.1%
    29 tonnes · Singapore’s destinations
  3. Nucleic acids and other heterocycles$192 million · 18.9%
  4. Discs and storage media$57 million · 5.7%
    18 tonnes
  5. Nitrogen heterocyclic compounds$52 million · 5.1%
    1 tonne
  6. Medical and dental instruments$29 million · 2.9%
    110 tonnes · Singapore’s destinations
  7. Other measuring instruments$16 million · 1.6%
    39 tonnes
  8. Orthopedic and hearing devices$11 million · 1.1%
    6 tonnes
  9. Pasta$10 million · 0.96%
    2 thousand tonnes
  10. Physical and chemical analysis instruments$10 million · 0.94%
    23 tonnes

How it travels

Ireland and Singapore traded $3.1 billion in 2024 (both directions together). They trade mostly by air: 88% of the value travels by plane.

Split by transport mode

  1. Sea$374 million · 12%
  2. Air$2.7 billion · 88%

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

How much each matters to the other

Singapore was Ireland’s 18th largest trading partner (0.8% of its trade), and Ireland was Singapore’s 31st (0.4%).

Singapore in Ireland’s trade
0.8%
Singapore’s rank among Ireland’s partners
18th
Ireland in Singapore’s trade
0.4%
Ireland’s rank among Singapore’s partners
31st

Compare with

Other partners of Ireland

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.