Summary
- Singapore → Turkey
- $534million
- Turkey → Singapore
- $1.2billion
- Singapore’s balance
- -$691million
Balance
Singapore’s trade balance with Turkey
Trade between Singapore and Turkey grew 6.3-fold since 1995
USD billions (current). Singapore’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.5
- Imports 1.2
- Balance -0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $84 million | $194 million | -$110 million |
| 1996 | $148 million | $272 million | -$124 million |
| 1997 | $153 million | $436 million | -$283 million |
| 1998 | $151 million | $181 million | -$30 million |
| 1999 | $161 million | $150 million | $11 million |
| 2000 | $169 million | $147 million | $21 million |
| 2001 | $128 million | $125 million | $3 million |
| 2002 | $152 million | $124 million | $28 million |
| 2003 | $148 million | $128 million | $20 million |
| 2004 | $211 million | $129 million | $82 million |
| 2005 | $244 million | $120 million | $124 million |
| 2006 | $308 million | $282 million | $26 million |
| 2007 | $332 million | $388 million | -$55 million |
| 2008 | $314 million | $993 million | -$678 million |
| 2009 | $289 million | $464 million | -$175 million |
| 2010 | $316 million | $629 million | -$313 million |
| 2011 | $451 million | $1 billion | -$581 million |
| 2012 | $437 million | $598 million | -$161 million |
| 2013 | $434 million | $547 million | -$113 million |
| 2014 | $468 million | $536 million | -$68 million |
| 2015 | $486 million | $710 million | -$224 million |
| 2016 | $437 million | $617 million | -$180 million |
| 2017 | $527 million | $787 million | -$260 million |
| 2018 | $479 million | $622 million | -$143 million |
| 2019 | $363 million | $812 million | -$450 million |
| 2020 | $444 million | $459 million | -$14 million |
| 2021 | $548 million | $864 million | -$316 million |
| 2022 | $667 million | $950 million | -$283 million |
| 2023 | $683 million | $729 million | -$46 million |
| 2024 | $534 million | $1.2 billion | -$691 million |
What they sell each other
What Singapore sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey sells to Singapore
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Singapore and Istanbul is 12,727 nautical miles (23,569 km) long: ≈ 29.5–38 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope, the Strait of Gibraltar and the Dardanelles (12,727 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (5,981 nautical miles).
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Turkey was Singapore’s 35th largest trading partner (0.2% of its trade), and Singapore was Turkey’s 58th (0.3%).
- Turkey in Singapore’s trade
- 0.2%
- Turkey’s rank among Singapore’s partners
- 35th
- Singapore in Turkey’s trade
- 0.3%
- Singapore’s rank among Turkey’s partners
- 58th
Compare with
Other partners of Singapore
Other partners of Turkey
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.