Singapore B2B Marketplace

Singapore’s main imports are aircraft, crude oil and petroleum products, electronic components, radio and television receivers/parts, motor vehicles, chemicals, food/beverages, iron/steel, and textile yarns/fabrics. Trade in Singapore has benefited from the extensive network of trade agreements Singapore has passed.

Singapore is the 20th largest export economy in the world. In 2016, Singapore exported $208B and imported $279B, resulting in a negative trade balance of $71.1B. In 2016 the GDP of Singapore was $296B and its GDP per capita was $87.8k.

The top exports of Singapore are Refined Petroleum ($32.5B), Integrated Circuits ($27.2B), Computers ($8.14B), Oxygen Amino Compounds ($6.91B) and Packaged Medicaments ($6.03B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($49.3B), Refined Petroleum ($31.9B), Crude Petroleum ($13.9B), Gas Turbines ($7.05B) and Computers ($6.45B).

The top export destinations of Singapore are China ($29.3B), Malaysia ($18.8B), the United States ($16.1B), Indonesia ($15.1B) and Hong Kong ($13.8B). The top import origins are China ($41.4B), Malaysia ($31.1B), the United States ($29B), Other Asia ($22.1B) and Japan ($19.1B).

Singapore is an island and borders Indonesia and Malaysia by sea.

We need the cooperation of Singapore to obtain representation.