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Trade between Singapore and the United Arab Emirates

In 2024, Singapore exported $5 billion to the United Arab Emirates and imported $12.8 billion. Singapore ran a deficit of $7.9 billion with the United Arab Emirates, compared with a deficit of $8.3 billion in 2019. The United Arab Emirates was Singapore’s 12th largest trading partner (2% of its trade), and Singapore was the United Arab Emirates’ 10th (3%).

Summary

Singapore → United Arab Emirates
$5billion
United Arab Emirates → Singapore
$12.8billion
Singapore’s balance
-$7.9billion

Balance

Singapore’s trade balance with the United Arab Emirates

Trade between Singapore and the United Arab Emirates grew 7.8-fold since 1995

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

  • Exports 5
  • Imports 12.8
  • Balance -7.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$836 million$1.4 billion-$597 million
1996$884 million$2 billion-$1.2 billion
1997$917 million$1.6 billion-$716 million
1998$1 billion$1 billion-$39 million
1999$842 million$1.2 billion-$358 million
2000$1 billion$1.5 billion-$471 million
2001$1.1 billion$1.4 billion-$246 million
2002$1.2 billion$1.6 billion-$379 million
2003$1.4 billion$1.9 billion-$471 million
2004$1.8 billion$2 billion-$128 million
2005$1.4 billion$2.6 billion-$1.1 billion
2006$2.7 billion$4.2 billion-$1.5 billion
2007$1.4 billion$4.7 billion-$3.3 billion
2008$1.4 billion$6.4 billion-$5 billion
2009$3.6 billion$4.4 billion-$846 million
2010$3.5 billion$6.1 billion-$2.6 billion
2011$4.4 billion$11.8 billion-$7.4 billion
2012$2.7 billion$16.7 billion-$14 billion
2013$2.5 billion$18.3 billion-$15.8 billion
2014$2.3 billion$16.1 billion-$13.8 billion
2015$3 billion$8.7 billion-$5.7 billion
2016$1.9 billion$7.1 billion-$5.2 billion
2017$2.3 billion$9.1 billion-$6.8 billion
2018$2.3 billion$9.8 billion-$7.5 billion
2019$3.4 billion$11.7 billion-$8.3 billion
2020$2 billion$6.3 billion-$4.3 billion
2021$2.1 billion$12.7 billion-$10.6 billion
2022$3.7 billion$16 billion-$12.4 billion
2023$2.6 billion$12.2 billion-$9.6 billion
2024$5 billion$12.8 billion-$7.9 billion

What they sell each other

What Singapore sells to the United Arab Emirates

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

  1. Jewelry$769 million · 15.5%
    11 tonnes · Singapore’s destinations
  2. Cameras and broadcast equipment$622 million · 12.5%
    931 tonnes
  3. Turbojets and gas turbines$480 million · 9.7%
    555 tonnes · Singapore’s destinations
  4. Computers$339 million · 6.8%
    2 thousand tonnes · Singapore’s destinations
  5. Refined petroleum$233 million · 4.7%
    282 thousand tonnes · Singapore’s destinations
  6. Microphones and speakers$161 million · 3.3%
    2 thousand tonnes
  7. Valves and taps$128 million · 2.6%
    3 thousand tonnes
  8. Air pumps, compressors and fans$119 million · 2.4%
    9 thousand tonnes
  9. Aircraft parts$88 million · 1.8%
    118 tonnes
  10. Parts for cranes and excavators$84 million · 1.7%
    4 thousand tonnes

What the United Arab Emirates sells to Singapore

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

  1. Crude petroleum$7.9 billion · 61.9%
    12.6 million tonnes · the United Arab Emirates’ destinations
  2. Refined petroleum$3.3 billion · 25.8%
    6 million tonnes · the United Arab Emirates’ destinations
  3. Gold$792 million · 6.2%
    10 tonnes · the United Arab Emirates’ destinations
  4. Jewelry$312 million · 2.4%
    5 tonnes · the United Arab Emirates’ destinations
  5. Cigarettes and cigars$85 million · 0.66%
    6 thousand tonnes
  6. Natural gas and LPG$61 million · 0.48%
    104 thousand tonnes
  7. Perfumes$24 million · 0.19%
    876 tonnes
  8. Rapeseed and mustard oil$23 million · 0.18%
    6 thousand tonnes
  9. Prefabricated buildings$21 million · 0.17%
    3 thousand tonnes
  10. Low-voltage switches and connectors$19 million · 0.14%
    1 thousand tonnes

How it travels

Estimated sea route from Singapore to Jebel Ali.

The estimated sea route between Singapore and Jebel Ali is 3,524 nautical miles (6,526 km) long: ≈ 8–10.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore; and Strait of Hormuz.

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$13.4 billion · 75.2%
  2. Air$4.4 billion · 24.8%

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

How much each matters to the other

The United Arab Emirates was Singapore’s 12th largest trading partner (2% of its trade), and Singapore was the United Arab Emirates’ 10th (3%).

The United Arab Emirates in Singapore’s trade
2.3%
The United Arab Emirates’ rank among Singapore’s partners
12th
Singapore in the United Arab Emirates’ trade
2.9%
Singapore’s rank among the United Arab Emirates’ partners
10th

Compare with

Other partners of Singapore

Other partners of the United Arab Emirates

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.