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Trade between Japan and Singapore

In 2024, Japan exported $19.5 billion to Singapore and imported $9 billion. Japan ran a surplus of $10.5 billion with Singapore, compared with a surplus of $11 billion in 2019. Singapore was Japan’s 14th largest trading partner (2% of its trade), and Japan was Singapore’s 8th (4%).

Summary

Japan → Singapore
$19.5billion
Singapore → Japan
$9billion
Japan’s balance
$10.5billion

Balance

Japan’s trade balance with Singapore

Trade between Japan and Singapore fell 10% since 1995

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

  • Exports 19.5
  • Imports 9
  • Balance +10.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$24.7 billion$7.2 billion$17.5 billion
1996$22.4 billion$7.6 billion$14.8 billion
1997$22.5 billion$6.1 billion$16.5 billion
1998$16.5 billion$4.9 billion$11.5 billion
1999$17.9 billion$6.3 billion$11.6 billion
2000$23.1 billion$6.7 billion$16.4 billion
2001$16.2 billion$5.5 billion$10.7 billion
2002$14.3 billion$4.5 billion$9.8 billion
2003$15.9 billion$5.3 billion$10.6 billion
2004$19.4 billion$6 billion$13.4 billion
2005$18.2 billion$6.4 billion$11.8 billion
2006$19.2 billion$7.1 billion$12.1 billion
2007$21 billion$10 billion$11 billion
2008$26.2 billion$7.9 billion$18.3 billion
2009$19 billion$7.4 billion$11.6 billion
2010$23.9 billion$10.3 billion$13.6 billion
2011$26.7 billion$10.8 billion$15.9 billion
2012$23.9 billion$8.3 billion$15.5 billion
2013$21.2 billion$7.2 billion$14.1 billion
2014$21.1 billion$7.6 billion$13.5 billion
2015$20.6 billion$7.8 billion$12.9 billion
2016$22 billion$8.2 billion$13.7 billion
2017$20.5 billion$13.2 billion$7.3 billion
2018$20.8 billion$11.2 billion$9.5 billion
2019$20.6 billion$9.6 billion$11 billion
2020$18.6 billion$10 billion$8.7 billion
2021$19.6 billion$9.7 billion$9.9 billion
2022$24.8 billion$11.1 billion$13.8 billion
2023$20.8 billion$10.3 billion$10.5 billion
2024$19.5 billion$9 billion$10.5 billion

What they sell each other

What Japan sells to Singapore

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

  1. Microchips$4.7 billion · 23.8%
    260 tonnes · Japan’s destinations
  2. Other industrial machines$1.1 billion · 5.6%
    9 thousand tonnes
  3. Refined petroleum$1 billion · 5.3%
    1.6 million tonnes · Japan’s destinations
  4. Turbojets and gas turbines$618 million · 3.2%
    2 thousand tonnes · Japan’s destinations
  5. Gold$605 million · 3.1%
    27 tonnes · Japan’s destinations
  6. Cargo and cruise ships$448 million · 2.3%
    89 thousand tonnes · Japan’s destinations
  7. Capacitors$419 million · 2.1%
    3 thousand tonnes
  8. Makeup and skin care$413 million · 2.1%
    5 thousand tonnes · Japan’s destinations
  9. Printers and printing machines$407 million · 2.1%
    10 thousand tonnes
  10. Cars$406 million · 2.1%
    26 thousand tonnes · Japan’s destinations

What Singapore sells to Japan

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

  1. Turbojets and gas turbines$1.1 billion · 11.9%
    541 tonnes · Singapore’s destinations
  2. Microchips$861 million · 9.6%
    1 thousand tonnes · Singapore’s destinations
  3. Other industrial machines$760 million · 8.5%
    3 thousand tonnes
  4. Computers$613 million · 6.8%
    2 thousand tonnes · Singapore’s destinations
  5. Other measuring instruments$457 million · 5.1%
    697 tonnes
  6. Refined petroleum$345 million · 3.8%
    345 thousand tonnes · Singapore’s destinations
  7. 9 thousand tonnes · Singapore’s destinations
  8. 45 tonnes
  9. Wine$226 million · 2.5%
    5 thousand tonnes · Japan’s sources
  10. Fuel and lubricant additives$172 million · 1.9%
    55 thousand tonnes

How it travels

Estimated sea route from Yokohama to Singapore.

The estimated sea route between Yokohama and Singapore is 2,979 nautical miles (5,517 km) long: ≈ 7–9 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$9 billion · 31.7%
  2. Air$19.5 billion · 68.3%

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

How much each matters to the other

Singapore was Japan’s 14th largest trading partner (2% of its trade), and Japan was Singapore’s 8th (4%).

Singapore in Japan’s trade
1.9%
Singapore’s rank among Japan’s partners
14th
Japan in Singapore’s trade
3.7%
Japan’s rank among Singapore’s partners
8th

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.