Singapore
ECON COMPLEXITY (2018)
1.71
RANK 6 OF 137
PRODUCT EXPORTS (2018)
$323B
RANK 17 OF 222
EXPORTS PER CAPITA (2018)
$57.2K
RANK 56 OF 219
PRODUCT IMPORTS (2018)
$323B
RANK 17 OF 221
IMPORTS PER CAPITA (2018)
$57.3K
RANK 56 of 219
SERVICE EXPORTS (2018)
$165B
RANK 5 OF 88
SERVICE IMPORTS (2018)
$163B
RANK 6 OF 88
GDP (2018)
$364B
CURRENT US$
RANK 33 OF 196
GDP GROWTH (2008-2018)
88.1%
CURRENT US$
RANK 43 OF 196
GDP PC (2018)
$64,582
CURRENT US$
RANK 9 OF 196
GDP PC GROWTH (2008-2018)
61.4%
CURRENT US$
RANK 37 OF 196
Overview: This page contains the latest international trade data for Singapore, including service trade data. In 2018 Singapore was the number 33 economy in the world in terms of GDP (current US$), the number 17 in total exports, the number 16 in total imports, and the number 6 most complex economy according to the Economic Complexity Index (ECI). In 2018, Singapore exported $323B and imported $323B, resulting in a negative trade balance of -$679M. In 2018, Singapore’s exports per capita were $57.2k and its imports per capita were $57.3k.
Trade: The top exports of Singapore are Integrated Circuits ($61B), Refined Petroleum ($52.4B), Gold ($10.1B), Packaged Medicaments($8.26B), and Gas Turbines ($7.96B). The top imports of Singapore are Refined Petroleum ($48B), Integrated Circuits ($46.3B), Crude Petroleum ($25.8B), Gold ($10.1B), and Office Machine Parts ($7.11B).
Destinations: Singapore exports mostly to China ($44.3B), Hong Kong($41.5B), Malaysia ($32.3B), Indonesia ($24.8B), and United States($24.6B), and imports mostly from China ($47.2B), Malaysia ($36.8B), United States ($28.9B), Chinese Taipei ($22B), and Japan ($17.8B).
Location: Singapore borders Indonesia and Malaysia by sea.
Exports
In 2018 Singapore exported a total of $323B, making it the number 17 exporter in the world. During the last five reported years the exports of Singapore have changed by $43.9B from $279B in 2013 to $323B in 2018.
The most recent exports are led by Integrated Circuits ($61B), Refined Petroleum ($52.4B), Gold ($10.1B), Packaged Medicaments ($8.26B), and Gas Turbines ($7.96B).
Imports
In 2018 Singapore imported $323B, making it the number 16 trade destination in the world. During the last five reported years the imports of Singapore changed by -$44.4B from $368B in 2013 to $323B in 2018.
The most recent imports of Singapore are led by Refined Petroleum ($48B), Integrated Circuits ($46.3B), Crude Petroleum ($25.8B), Gold ($10.1B), and Office Machine Parts ($7.11B).
Trade Balance
As of 2018 Singapore had a positive trade balance of $27.2B in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $22B in net imports.
Destinations
The most common destination for the exports of Singapore are China ($44.3B), Hong Kong ($41.5B), Malaysia ($32.3B), Indonesia ($24.8B), and United States ($24.6B).
Origins
The most common import partners for Singapore are China ($47.2B), Malaysia ($36.8B), United States ($28.9B), Chinese Taipei ($22B), and Japan ($17.8B).