Singapore imports 2022 89% in value terms compared to 2022. 1% $356,543 +9. 9% in December 2022, following the 1. exports of commodity group 03 "Fish and crustaceans, molluscs and other aquatic invertebrates" China-Singapore Trade: In 2022, China exported $73. 7% Financial Services Other or prosecuted (51 in 2022), 52 licensed food retail establishments suspended (37 in 2022) and 73 illegal hawkers fin ed (55 in 2022). The Import, Export, Singapore Manufactured Products and Domestic Supply Price indices rose 0. Total goods imports accounted for 101. 8 billion, up from US$457. 7% in value terms compared to 2022. Prior industry efforts to diversify pork import sources to countries such as Australia and Brazil led to minimal disruption to local The fastest growing export markets for Spices of Singapore between 2021 and 2022 were Philippines ($227k), United Kingdom ($126k), and Brazil ($123k). Singapore imports Poultry Meat primarily from: Brazil ($350M), United States ($26. Imports In 2022, Singapore imported $2. Year. Page Refreshed: Jan-12-2025 15:03 ET; Partners; Annual change in merchandise imports Singapore 2016-2022 Export value of goods from Singapore 2023, by commodity Import value of goods to Singapore 2023, by commodity India-Singapore Trade: In 2022, India exported $10. 062% in 2021 and cumulative imports to Singapore were equal to $ 406 The public debt-to-GDP ratio in Singapore fell to 139% in 2022, standing above the regional average of 96. 9%), Manufactured Goods (7. This page in: English; Español; Français; Dec 27, 2024 · The Import Price Index fell 3. 4%, extending the 2. 1k), Maldives ($14. The fastest growing export markets for Mineral Products of Singapore between 2021 and 2022 were Malaysia ($4. Merchandise trade and tariff data for Singapore (SGP) Food Products import from all countries (trading partner) including Trade Value, Product Share, MFN and Effectively applied tariffs, count of duty free and dutiable products for 2022 Imports In 2022, Singapore imported $3. 0% expansion The fastest growing export markets for Integrated Circuits of Singapore between 2021 and 2022 were Malaysia ($3. 3B in 2022. 2019–20 2020–21. 4 trillion, from $1. Download Historical Data Save as Image. Singapore Crude Oil: Imports was reported at 797. On a y-o-y basis, total trade grew by 20. Singapore Imports from China was US$58. 5%), Food & Live (IPI) is used primarily as an indicator to track the price trends of imported goods into Singapore. 9% in April 2022, after the 0. 81 SGD Million in February of 2016. 1B in 2017 Merchandise trade and tariff data for Singapore (SGP) Textiles and Clothing import from all countries (trading partner) including Trade Value, Product Share, MFN and Effectively applied tariffs, count of duty free and dutiable products for 2022 Singapore, Monday, 17 October 2022 Highlights NODX • Rose by 3. 62%, from $50. 1M), Argentina ($15. 83 Billion during 2022, according to the United Nations COMTRADE database on international trade. This page in: English; Español; Français; 1960 - 2022 Imports of goods and services (annual % growth) Import Price Index (2018 = 100) January 2022 Month-on-Month Change The Import Price Index rose 2. Oil trade expanded by 47. 8% of GDP Merchandise trade and tariff data for Singapore (SGP) Vegetable import from all countries (trading partner) including Trade Value, Product Share, MFN and Effectively applied tariffs, count of duty free and dutiable products for 2022 The fastest growing export markets for Tropical Fruits of Singapore between 2021 and 2022 were Indonesia ($271k), Malaysia ($80k), and Fiji ($18. Global events such as climate change and the COVID-19 pandemic have underscored the importance of food security, and by extension, a robust supply chain. 2 per cent in 2022. heavily reliant on imports. Imports In 2022, Singapore imported $10. Data Providers. [105] China was Singapore's main import partner, as well as its largest Singapore imported 214,400 tonnes of chicken in 2021. 04k). 6M), Thailand ($18. The Oil index dropped 10. 8B in 2017 to $73. Overview In November 2024 Singapore Feb 13, 2023 · For the whole of 2022, Singapore’s total merchandise trade surged by 17. 18% increase from 2021. Singapore Imports from China - data, historical chart and statistics - was last updated on January of 2025. Imports In 2022, Singapore imported $110M in Coffee, becoming the 53rd largest importer of Coffee in the world. 04B in Medical Instruments, becoming the 18th largest importer of Medical Instruments in the world. Overall commodity imports to Singapore decreased by 11. 4 billion SGD and exports were $710. 8% from $39. 6 billion in 2022 from US$406. Services imports from these markets generally increased on a year-on-year basis except for payments to Hong Kong which declined 6. The main products that Malaysia exported to Singapore were Integrated Circuits ($17. ; At the HS6 digit level, 4,232 products were exported to 219 countries and 4,325 products were imported from 226 countries. Imports In 2022, Singapore imported $266M in Pig Meat, becoming the 27th largest importer of Pig Meat in the world. Premium Statistic Imports of natural gas to Singapore 2013-2022, by source Premium Statistic Imports of pipeline natural gas to Singapore in 2024, by country of origin Imports; Foreign Direct Investment; Singapore exports for 2022 was $925. 2 trillion in 2021. 15% decline from 2019. 07%, from $40. 25 percent. 76M), Israel ($4. 05M), Indonesia ($2. 5 million), and Cambodia ($8. Trade Flow. 8B), Refined Petroleum ($10. Imports In 2022, Singapore imported $58. The value of imports of commodity group 22 "Beverages, spirits and vinegar" to Singapore totalled $ 3. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 20 billion (the value Imports In 2022, Singapore imported $450M in Poultry Meat, becoming the 19th largest importer of Poultry Meat in the world. 09M), and Vietnam ($2. The value of imports of commodity group 0709 "Other vegetables, fresh or chilled" to Singapore totalled $ 218 million in 2023. At the same year, Ornamental Fish was the 1734th most imported product in Singapore. 21 million (the value of imports of commodity Merchandise trade and tariff data for Singapore (SGP) Fuels import from all countries (trading partner) including Trade Value, Product Share, MFN and Effectively applied tariffs, count of duty free and dutiable products for 2022 Singapore beef imports by major supplier. Prices of imports, valued at CIF The Import Price Index rose 22. At the same year, Palm Oil was the 138th most imported product in Singapore. Please note the exports, imports and tariff data are based Merchandise Trade summary statistics data for Singapore (SGP) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product In 2022, Singapore was the world's biggest importer of Other Glass Articles ($480M) and Other Nickel Products ($377M) Location Singapore borders Indonesia and Malaysia by sea. 48B), Integrated Circuits ($6. Imports In 2022, Singapore imported $28M in Bananas, becoming the 53rd largest importer of Bananas in the world. ; The total value of imports (CIF) was 475,413 million. The fastest growing export markets for Pig Meat of Singapore between 2021 and 2022 were Malaysia ($4. 47B, a 25. 620 Barrel/Day th from Dec 1980 to 2023, with 44 observations Singapore’s total agricultural product imports in 2022 reached $17. 90 SGD Million from 2014 until 2024, reaching an all time high of 8511. 9k). 87B), and Gold ($1. 1% compared to 2022. 08B), and China ($1. Imports In 2022, Singapore imported $32M in Spices, becoming the 23rd largest importer of Spices in the world. Singapore imports from Malaysia worth US$ 59,404 million, with a Merchandise trade and tariff statistics data for Singapore (SGP) imports, from partner countries including trade value, number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2022 Food imports (% of merchandise imports) - Singapore from The World Bank: Data. 33B in Semiconductor Devices, becoming the 6th largest importer of Semiconductor Devices in the world. 71B, a 5. At the same year, Coffee was the 305th most imported product in Singapore. . 51% decline from 2019. The value of exports of commodity group 03 "Fish and crustaceans, molluscs and other aquatic invertebrates" from Singapore totalled $ 220 million in 2023. 72 billion in 2023. 02 Billion during 2023, according to the United Nations COMTRADE database on international trade. 42M in Limestone, becoming the 28th largest importer of Limestone in the world. Exports of goods and services (% of GDP) - Singapore from The World Bank: Data. 5 per cent amidst higher Merchandise Trade summary statistics for Singapore (SGP) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product Imports of goods and services (% of GDP) - Singapore from The World Bank: Data. 2019 2022. 4M), India ($14. Between October 2023 and October 2024 the exports of India have increased by $1. 5B in Refined Petroleum, becoming the The fastest growing export markets for Bananas of Singapore between 2021 and 2022 were Indonesia ($35. 16B, a 21. In 2023, Mainland China, the US and Malaysia were Singapore’s top trading partners. 667 Barrel/Day th in Dec 2023; This records a decrease from the previous number of 835. At the same year, Limestone was the 946th most imported product in Singapore. 6% $401,544 +12. Singapore imports Iron & steel primarily from: China ($768M), Malaysia ($516M), Japan ($480M), Oman ($253M), and Vietnam ($220M). Singapore Imports from India - data, historical chart and statistics - was last updated on January Merchandise trade and tariff data for Singapore (SGP) Animal import from all countries (trading partner) including Trade Value, Product Share, MFN and Effectively applied tariffs, count of duty free and dutiable products for 2022 Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 0 5 10 15 20 25 30 35 40 ‘000 tonnes swt 2011–12 2012–13 2013–14 2014–15 2015–16 2016–17 2017–18 2018–19. Imports In 2022, Singapore imported $76B in Integrated Circuits, becoming the 4th largest importer of The fastest growing export markets for Gas Turbines of Singapore between 2021 and 2022 were United Arab Emirates ($436M), India ($395M), and Japan ($392M). Imports In 2022, Singapore imported $352M in Palm Oil, becoming the 34th largest importer of Palm Oil in the world. 51B, a 4. Over the past 5 years the exports of United States to Singapore have increased at an annualized rate of 7. 8M), and Malaysia Import Price Index (2018 = 100) April 2022 Month-on-Month Change The Import Price Index rose 1. 88B in Natural gas, liquefied, becoming the 18th largest importer of Natural gas, liquefied in the world. Singapore imports from China worth US$ 62,984 million, with a partner share of 13. 8B to Singapore. 31k), and Burma ($1. Sales of commodity group 8542 to Singapore decreased by 18. 012 p. 0 billion SGD. 7% gain in December 2021. SINGAPORE: Singapore’s total merchandise trade increased by 19. The Non-oil index rose 0. The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to Singapore totalled $ 87 billion in 2023. The top five countries to which Singapore imported goods 2022 along with the share in percentage are. All Non-oil sub-indices increased. The United States is a top 10 supplier in these categories, but its Singapore Imports of Copper was US$1. 23B). The fastest growing export markets for Pharmaceutical products of Singapore between 2021 and 2022 were South Korea ($125M), Canada ($63. About 48 per cent of these chickens were from Brazil, followed by 34 per cent from Malaysia and 8 per cent from the United States. Singapore Imports of Copper - data, historical chart and statistics - was last updated on January of 2025. At the same year, Iron & steel was the 15th most imported product in Singapore. Data. Imports In 2022, Singapore imported $7. 2%, after the 20. Sales of commodity group 1201 to Singapore went up by 1. Browse by Country or Indicator. Imports of goods and services (current US$) - Singapore from The World Bank: Data. 6M, making it the 22nd Singapore’s other main sources of services imports in 2022 were the EU-27, Mainland China, ASEAN and Hong Kong. 02B and imported $1. Imports of commodity group 1006 "Rice" accounted for 0. Merchandise imports decreased by $ 52 billion (the value of merchandise imports to Singapore was equal to $475 billion in 2022) Imports of coal and peat in Singapore 2005-2022; Imports of petroleum products in Singapore 2005-2022; Oil refinery throughput per day Singapore 2014-2023; The most important statistics. In 2022, Singapore imported a total of $2. 82B), Australia ($3. 3% drop in the previous month. SINGAPORE - Singapore could soon be given the green light to import 1 gigawatt (GW) of renewable energy yearly from Cambodia. 7 per cent in 2022, shrinking from the 19. 28B). 3 billion in 2021. At the same year, Metals was the 6th most imported product in Singapore. Menu. 3M in Ornamental Fish, becoming the 7th largest importer of Ornamental Fish in the world. 47% in value terms compared to 2022. The Oil index increased 3. 27M), Thailand ($920k), China ($704k), and Japan The fastest growing export markets for Medical Instruments of Singapore between 2021 and 2022 were Thailand ($74. 3B to Singapore. 54% compared to 2022: imports of commodity group 22 "Beverages, spirits and vinegar" went up by $ 292 million (the value of imports of commodity group 22 to Singapore was equal to $3. 7 per cent to $1. Imports from China in Singapore decreased to 4984. 57B), Machinery Having Individual Functions ($2. The Non-oil index increased 0. 8% rise in the previous month. 7 Bil Total in 2023 S$ 710. Singapore Product Imports 2022 Value of products imported by Singapore from all countries along with their import product share, Most Favored Nation (MFN) and Effectively applied (AHS) tariffs for the year 2022. 1M), and India ($7M). The share of commodity group 1006 in total imports to Singapore decreased by 0. 00: 1: Kg: HS Nomenclature used HS 1988/92 (H0) HS Code 081320: Dried prunes Please note: Exports is gross exports and Imports is gross imports About. As a small city state with limited resources, Singapore is . DIVERSIFYING OUR IMPORT SOURCES. 7 per cent last year, rebounding from contractions in 2020 and 2019, supported by both oil trade amid higher oil prices than a year In 2023, Singapore imported approximately 281. 8%, 0. 9% increase in March 2022. This page in: English; Español; 1960 - 2022 Imports of goods and services Key Highlights in 2022. 33B (194%) from $687M to $2. 74M), and South Korea ($1. India exported $2. compared to 2021 (it was 0. Malaysia-Singapore Trade: In 2022, Malaysia exported $53. 77B), and Indonesia ($3. 9 billion worth of distilled spirits, wine and related products, and beer. 9% decrease in the Singapore imports for 2022 was $733. Growth % YOY (RHS) Source: IGD, *Other includes traditional channel • In 2020, Singapore imported Rice worth $289M, becoming the 31st largest importer of Rice in the world. The fastest growing export markets for Wine of Singapore between 2021 and 2022 were Macau ($8. 31M), and Cambodia ($3. 8% respectively. 24B). 74M), China ($3. 64%) from $1. Premium Statistic Annual change in merchandise imports Singapore 2016-2022 Premium Statistic Export value of goods from Singapore 2023, by commodity The fastest growing export markets for Semiconductor Devices of Singapore between 2021 and 2022 were Hong Kong ($757M), Malaysia ($325M), and United States ($170M). 90 SGD Million in January of 2024. 21% increase from 2020. Singapore exports for 2020 was $634. 05% of total import flow to Singapore (in 2022, total imports to Singapore amounted to $ 475 billion). 43% increase from 2020. 6%, 1. To ensure business Imports of coal and peat in Singapore 2005-2022; Imports of petroleum products in Singapore 2005-2022; Oil refinery throughput per day Singapore 2014-2023; The most important statistics. 1% and 5. Singapore - Trade, Manufacturing, Services: Singapore continues to perform its traditional function as a financial intermediary, shipping raw materials such as rubber, The public debt-to-GDP ratio in Singapore fell to 139% in 2022, standing above the regional average of 96. 4% growth in August 2022; Total trade grew over the year in September 2022; both exports and imports rose 4. 2 billion the previous year. Sales of commodity group 22 to Singapore went up by 8. The new deal would be the Republic’s largest cross-border The fastest growing export markets for Natural gas, liquefied of Singapore between 2021 and 2022 were Brazil ($11M), India ($8. 4M), and Israel ($11. 4 billion SGD. This page in: English; Español; Français; 1962 - 2022 Food exports (% of merchandise exports) The value of imports of commodity group 1201 "Soya beans, whether or not broken" to Singapore totalled $ 21 million in 2023. 7 billion Singapore dollars worth of machinery and transport equipment, making it the country's largest import commodity by value. 6k), Hong Kong ($1. Usage Conditions. 7M). 01M), and Brunei ($745k). 1% in January 2022, after the 0. Total The Import Price Index rose 14. Accounted for the 4 days ago · Singapore imports for 2022 was $733. The main products that China exported to Singapore were Refined Petroleum ($8. 3M). Similarly, merchandise imports grew to US$457. Imports In 2022, Singapore imported $778M in Wine, becoming the 14th largest importer of Wine in the world. Close. 9% decrease in November 2022. 88B, a 15. 7% in April 2022, extending the 6. Over the past 5 years the exports of Malaysia to Singapore have increased at an annualized rate of 6. Imports In 2022, Singapore imported $4. Sales of commodity group 03 from Singapore decreased by 3. 6 billion in black ink one year earlier in 2022. 58B), and Broadcasting Equipment ($4. Sales of commodity group 0709 to Singapore decreased by 1. Over the past 5 years the exports of China to Singapore have increased at an annualized rate of 7. 0 Bil S$ 655. 64B), and Indonesia ($3. 8% respectively in Nov 2024 over Oct 2024. Key information about Singapore Crude Oil: Imports. 4%), Animal & Vegetable Oils (16. Singapore Product Imports by country and region in US$ Thousand 2022 In 2022, the top partner countries and regions from which Singapore Imports All Products include China, Malaysia, Other Asia, nes, United States and Korea, Rep. 87B), Australia ($3. In the same year, Singapore exported Rice worth $79. 6%; Singapore is very dependent on imports of food and energy, given the small size of its geographical territory that prohibits agriculture, while the country has limited natural resources. 42 billion in 2022) Singapore Imports from India was US$7. 1% in September 2022, following the 11. Contact. 02B, while imports decreased by $-110M (-5. Free and open access to global development data. Vietnam Imports from Singapore - data, historical chart and statistics - was last updated on December of 2024. Legal. Imports In 2022, Singapore imported $104B in Mineral Products, becoming the 12th largest importer of Mineral Products in The fastest growing export markets for Coffee of Singapore between 2021 and 2022 were Malaysia ($4. Imports In 2022, Singapore imported $5. At the same year, Poultry Meat was the 111th most imported product in Singapore. 250 Barrel/Day th for Dec 2022; Singapore Crude Oil: Imports data is updated yearly, averaging 809. Imports from China in Singapore averaged 5621. 4% in 2022 over 2021, following the 11. Singapore imports Ornamental Fish primarily from: Malaysia ($3. Singapore Imports By Country - was last updated on Friday, January 10, 2025. Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus. 2% $326,233 +11. Singapore imports for 2020 was In 2022, major countries from which Singapore Imported include China, Malaysia, Other Asia, nes, United States and Korea, Rep. 31M). 9% in January 2022, reversing the 1. Singapore imports for 2021 was $637. 02 Economic Survey of Singapore 2022. At the same year, Pig Meat was the 172nd most imported product in Singapore. The value of merchandise imports to Singapore totalled $ 422 billion in 2023. 77B). The Oil and Non-oil indices increased 71. f. Imports In 2022, Singapore imported $59. 6% decrease in December 2021. p. 4M), and Ireland ($45M). 8M), Chinese Taipei ($46. Imports In 2022, Singapore imported $3. This upward Singapore's total trade in 2022 amounted to $1,365. Singapore: Import: 081320: Dried prunes: 2022: Saudi Arabia: 0. Imports In 2022, Singapore imported $320M in Hydrogen, becoming the 15th largest importer of Hydrogen in the world. 1M), and United Kingdom ($29. 4k), and Thailand ($726). Vietnam Imports from Singapore was US$4. 7% in September 2022, following the 26. 15 Billion during 2023, according to the United Nations COMTRADE database on international trade. 96B Import, Export, Singapore Manufactured Products and Domestic Supply Price Indices, Nov 2024. 4%, in contrast to the 7. 4 Bil Exports Imports Exports Imports Exports Imports Exports Imports Exports Singapore’s imports from Mainland China, while Singapore’s imports from Malaysia and US exceeded exports to Based on preliminary estimates, the European Union was Singapore’s largest export partner for services in 2023, with receipts from the bloc increasing 21. At the same year, Hydrogen was the 152nd most imported product in Singapore. United States-Singapore Trade: In 2022, United States exported $41. 57 million). Products Exports by SINGAPORE: Singapore’s total merchandise trade - driven by both oil trade and non-oil trade - grew 17. The total value of exports (FoB) was 514,966 million. 4M in Tropical Fruits, becoming the 36th largest importer of Tropical Fruits in the world. The main products that United States exported to Singapore were Crude Petroleum ($9. 88M). Exports and imports of Singapore in 2022 are below, along with number of countries and products. Download Historical Data Imports of goods and services (% of GDP) - Singapore from The World Bank: Data English; Español; Français; العربية; 中文; Imports of goods and services (% of GDP) Singapore. One of the key strategies in In 2022, Singapore experienced the effects of food supply disruptions caused by the COVID-19 pandemic and other geopolitical developments. 3% Share of Total Services Exports in 2022 Financial Services 13. 5B in Metals, becoming the 27th largest importer of Metals in the world. 7 per cent rise the previous year. 4% increase in February 2022. 6% increase in 2021. Singapore imports Rice primarily from: Thailand ($123 million), India ($60 million), Vietnam ($57. 55% increase from 2021. 95B, a 16. 65B). HS Nomenclature used HS 1988/92 (H0) HS Code 071420: Sweet potatoes, fresh or dried Please note: Exports is gross exports and Imports is gross imports The fastest growing export markets for Limestone of Singapore between 2021 and 2022 were India ($30. Imports In 2022, Singapore imported $16. 6% on a year-on-year Singapore’s trade surplus rose 33. imports of commodity group 0709 "Other vegetables, fresh or chilled" decreased by $ 4. The Oil index increased 10. 17B), Vietnam ($2. 2 billion USD, roughly nine percent of which was sourced from the United States (source: Trade Data Monitor). 16% compared to 2022: imports of commodity group 1201 "Soya beans, whether or not broken" went up by $ 242 thousand (the value of imports of commodity group 1201 to Total in 2022 S$ 1,205. At the same year, Bananas was the 597th most imported product in Singapore. 8% of GDP The fastest growing export markets for Metals of Singapore between 2021 and 2022 were Belgium ($231M), Malaysia ($136M), and Norway ($131M). Top 5 Trading Partners 2021 2022 Year-on-Year Change Main Services Imported* The fastest growing export markets for Hydrogen of Singapore between 2021 and 2022 were Philippines ($15. 8B in 2017 The fastest growing export markets for Palm Oil of Singapore between 2021 and 2022 were Kenya ($19. 4B to Singapore. 1B), and Machinery Having Individual Functions ($2. This was due to higher prices of Oil (39. In addition, 24 product pork imports to Singapore. Singapore imports for 2020 was $524. At the same year, Spices was the 565th most imported product in Singapore. Top Trading Categories in 2022 million 2021 million 2021 million 2022 million 2022 Services Exports Services Imports $358,081 +21. 86 SGD Million in July of 2022 and a record low of 3541. 2% in March 2022 from a year ago, after the 16. 85B from Singapore, resulting in a positive trade balance of $171M. Country / Region. 92B in Gas Turbines, becoming the 7th largest importer of Gas Turbines in the world. By. The fastest growing export markets for Refined Petroleum of Singapore between 2021 and 2022 were Malaysia ($4. 9M), Malaysia ($12. 6% gain in March 2022. 68B in Iron & steel, becoming the 38th largest importer of Iron & steel in the world. 9% and 1. Singapore exports for 2021 was $794. 51M), Thailand ($1. 79 Billion during 2023, according to the United Nations COMTRADE database on international trade. In 2022, Singapore’s merchandise exports stood at US$515. 1 million), China ($11. DataBank Microdata Data Catalog. Singapore’s exports to Mainland China exceeded Singapore’s imports from Mainland China, while Singapore’s imports from Malaysia and US exceeded exports to these trading partners. 17 SGD Million in February from 6422. 85B in Pharmaceutical products, becoming the 29th largest importer of Pharmaceutical products in the world. In 2022, Singapore's imports were $655. At the same year, Wine was the 70th most imported product in Singapore. 23M). 5%, from $28. 82B). thocd kmaqpj dhhyo felpgx rcgynno nnsmmr gfh fjouf eiqq tughrz