Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Singapore
Singapore
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
339 981 63 706 17.6 102 913 161.5
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
14 10 8 6
Imports
15 11 8 6
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 362 534 329 830 2020 2.06
Share in world total exports (%)
2010-2020 0 1
2019 -5 -3
2020 -7 -8 2020 1.85
Share in world total imports (%)
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 4
Fuels and mining products: 13
Agricultural products: 4
Fuels and mining products: 22
Manufactures: 74.1
Other: 8.9
Manufactures: 69.1
Other: 4.9
By main destination, % (2019)
By main origin, % (2019)
China: 13.2 Malaysia: 10.5 European Union: 7.8
Hong Kong, China: 11.4 United States of America: 8.8 Other: 48.2
China: 13.7 Malaysia: 11.6 Chinese Taipei: 9
United States of America: 12.2 European Union: 10.6 Other: 42.9
Agricultural Products Value
Top exported products (Million US$) HS2106 HS2208 HS1901 HS2402 HS2204
2019 . 5 192 2 273 1 483 1 073 518
Other food preparations Alcohol of less than 80% volume Malt extract Cigars, cheroots, cigarillos Wine of fresh grapes
Value
Top imported products (Million US$) HS2208 HS2402 HS2106 HS2204 HS1518
2019
Alcohol of less than 80% volume Cigars, cheroots, cigarillos Other food preparations Wine of fresh grapes Animal or vegetable fats and oils
1 670 804 637 621 379
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS2106
HS2208
HS2208
HS2402
HS1901
HS2106
HS2402
HS2204
HS2204
HS1518
5%
10%
15%
Million US$ Exports Imports
Value
2019 13 693 12 761
Annual percentage change
2010-2019 8 3
2018 36 3
2019 3 -1
Non-Agricultural Products Value
Top exported products (Million US$) HS8542 HS2710 HS8411 HS7108 HS8525
2019
Electronic integrated circuits Petroleum oils, other than crude Turbo-jets, turbo-propellers and ot Gold Radio-telephony transmission tools
77 002 45 883 14 445 11 561 9 397
Value
Top imported products (Million US$) HS8542 HS2710 HS2709 HS8411 HS7108
2019
Electronic integrated circuits Petroleum oils, other than crude Petroleum oils, crude Turbo-jets, turbo-propellers and ot Gold
60 643 45 908 24 222 19 482 10 092
Share in economy's trade in non-agricultural products Exports 0%
324
20%
Imports 40%
0%
HS8542
HS8542
HS2710
HS2710
HS8411
HS2709
HS7108
HS8411
HS8525
HS7108
10%
20%
Million US$ Exports Imports
Value
2019 355 114 342 004
Annual percentage change
2010-2019 1 2
2018 9 13
2019 -5 -3
World Trade Organization – Trade Profiles 2021
Singapore TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
187 261 172 480 2020 3.81
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
5 4
-14 -17
6 6
2020 3.75
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 28.4 Other commercial services: 65.9
Travel: 2.8 Goods-related services: 3
Transport: 30.5 Other commercial services: 62.3
By main destination, % (2019)
Travel: 4 Goods-related services: 3.2
By main origin, % (2019)
European Union: 10.9 United States of America: 9 Australia: 8.3
Japan: 9.3 China: 8.7 Other: 53.9
United States of America: 17.3 China: 5.5 Hong Kong, China: 4.7
Value
FATS sales Inward (million US$) Outward (million US$)
European Union: 13.6 Japan: 5.2 Other: 53.6
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Singapore
200
World
100 0
2010
2013
2016
2020
Transport exports (Index 2010=100)
Value
Million US$ Exports Imports
2020 53 122 52 610
Exports By sea (2020) By air (2020) By other (2020)
Value
Share (%)
49 904 2 632 189
93.9 5.0 0.4
2010-2020 3 6
Annual percentage change 2019 2 4
Imports By sea (2020) By air (2020) By other (2020)
2020 -15 -19
Value
Share (%)
44 271 7 331 703
84.1 13.9 1.3
Travel 200
Singapore
World
100 0
2010
Value
Million US$ Exports Imports 2013
2016
2020 5 189 6 828
2010-2020 -10 -10
Annual percentage change 2019 -1 3
2020 -74 -75
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Exports of OCS by main item (2020) Other business services Financial services
12.4 13.5 48.4 25.6
Million US$
Value
2020
2010-2020
Other commercial services Exports 123 401 Imports 107 449
ICTs
12 8
2020
Goods-related services Exports Imports
Other
Annual percentage change
2010-2020
5 549 5 594
-2 4
2019
2020
8 5
-2 -2
2019
2020
0 -2
-28 -9
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
1 727
Non-residents
12 409
Trademark applications, 2019 Total
14 136
World Trade Organization – Trade Profiles 2021
Residents
6 489
Non-residents
20 061
Industrial design applications, 2019 Total
26 550
Residents
375
Non-residents
1 989
Total
2 364
325