Singapore export

Singapore Export Data

Situated in Southeast Asia, Singapore is also referred to as the Republic of Singapore. Singapore is an additional independent island nation in the world. Although it's a competitive export market, Singapore is among the greatest places to invest. Singapore has emerged as a global trade hub and its export industry plays a vital role in its economic growth. In order to understand and analyze the trends and patterns in Singapore's export sector, it is essential to look at reliable and up-to-date data. According to the Singapore export data, Singapore exported $870 billion in 2022. Goods grew by $57 billion in comparison to 2021. Let’s gain a comprehensive insight review of the Singapore export data for the year 2022, shedding light on the key industries, destinations, and emerging trends.

 Singapore Export Data | Singapore Trade Data

8

The country has been ranked 8th in global exports, showing a significant position in the international trade and export landscape.

2.82%

With a mere 2.82% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

CHINA

China holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

ELECTRONIC INTEGRATED CIRCUITS

Electronic integrated circuits are the major and biggest export commodities of the country, playing a vital role in its economy.

export

Top 10 Exports of Singapore

Singapore, a major global trading hub, boasts a diverse range of exports that contributesignificantly to its thriving economy. The top 10 exports of Singapore encompass a mix ofgoods. Singapore's expertise in high-tech sectors is evident as integrated circuits, chips, andcomputer parts take center stage. According to the export data, the top 10 exports of Singaporein 2022 are:

  • Electronic integrated circuits: 23% ($121 billion)
  • Petroleum oils and oils from bituminous minerals: 12.3% ($63 billion)
  • Machines and apparatus: 4.12% ($21 billion)
  • Gold: 3.01% ($15.5 billion)
  • Turbojets, turbo-propellers and other gas turbines: 2.96% ($15.2 billion)
  • Electrical apparatus: 2.63% ($13.5 billion)
  • Semiconductor devices: 2.54% ($13.1 billion)
  • Automatic data processing machines: 2.05% ($10.5 billion)
  • Essential oils and resinoids; perfumery, cosmetics: 1.98% ($10.2 billion)
  • Food preparations and products: 1.33% ($6.85 billion)
  • Partners

    Top 10 Export Partners of Singapore

    Moving to the top 10 export partners of Singapore, the island nation has forged fruitful trade relationships worldwide. These close ties have facilitated the flow of goods and services,enhancing economic growth for both Singapore and its partners. Singapore's commitment to quality, innovation, and strategic alliances continues to fuel its success as a global exporter. Singapore’s top 10 export partners in 2022 include:

    Value In Percentage(%)

  • China: 12.4% (63 billion US$)
  • Hong Kong: 11.2% (57 billion US$)
  • Malaysia: 10% (51 billion US$)
  • USA: 8.79% (45 billion US$)
  • Indonesia: 7.22% (37 billion US$)
  • Other Asian nations: 4.9% (25 billion US$)
  • Korea: 4.04% (20 billion US$)
  • Japan: 4.03% (20 billion US$)
  • Thailand: 3.39% (17.4 billion US$)
  • Vietnam: 3.34% (17.2 billion US$)
  • Sample Data

    Overview of Singapore Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    In our exclusive report, you will find several trade details such as the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product, shipping carrier, consigner/consignee, the precise movement of goods for the countries which come under the Statistical and B/L database. The Singapore export data for 2022 reveals promising growth in various sectors. The export data is entirely derived from current and original shipping bills, invoices, and other crucial trade-related paperwork. The trustworthy data gathered from Singapore's approved ports, establishments, and other shipping firms is stored in the customs database for the country's exports. HS codes and product descriptions, which include the amount, price, and units of each product being sent, are among the many fields that are included in Singapore export trade data. According to official figures, the total value of Singapore's exports reached an impressive figure of $512 billion in 2022, representing a significant increase of 12.6% compared to the previous year. This growth can be attributed to the government's emphasis on diversifying Singapore's export markets and promoting innovation-driven industries.

    Benefits

    Benefits of the Singapore export data

  • Produce Real leads in the Singapore export market.
  • Learn about Singapore's most recent product demand.
  • Keep an eye on the competition and surpass them.
  • Give your marketing plan a data-driven approach.
  • Make a significant impact on the export market of Singapore.
  • Frequently Asked Questions!!

    The total value of Singapore’s exports was $512 billion in 2022.

    Petrochemicals and Chemicals contributed around $65 billion to Singapore’s export revenue in 2022.

    China, Hong Kong, and Malaysia were the top 3 export partners of Singapore in 2022.

    Pharmaceuticals and Biotechnology have witnessed rapid expansion in recent years.

    Electronic integrated circuits, Petroleum oils, and oils from bituminous minerals, Machines, and apparatus are the top 3 exports of Singapore in 2022.

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