You asked: Which countries trade with Singapore?

In 2019, Singapore major trading partner countries for exports were China, Hong Kong, China, Malaysia, United States and Indonesia and for imports they were China, United States, Malaysia, Other Asia, nes and Japan.

Which countries does Singapore trade with the most?

Singapore top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 51,619 13.22
Hong Kong, China 44,377 11.37
Malaysia 41,152 10.54
United States 34,401 8.81

Who does Singapore export and import with?

The most common destination for the exports of Singapore are China ($45.8B), Hong Kong ($39.1B), Malaysia ($28.2B), United States ($24.8B), and Indonesia ($19.8B).

Does Singapore trade with us?

The United States has a bilateral free trade agreement with Singapore, which entered into force in 2004. Since that time, bilateral trade has increased 62%, reaching $45 billion in goods trade in 2016. The United States is Singapore’s largest foreign investor, with U.S. investment stock totaling $228 billion in 2016.

Why is Singapore so rich?

Today, the Singapore economy is one of the most stable in the world, with no foreign debt, high government revenue and a consistently positive surplus. The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.

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What 5 countries do we import the most from?

The top five suppliers of U.S. goods imports in 2019 were: China ($452 billion), Mexico ($358 billion), Canada ($319 billion), Japan ($144 billion), and Germany ($128 billion). U.S. goods imports from the European Union 27 were $515 billion. The United States is the largest services exporter in the world.

What does Singapore export to USA?

The top export categories (2-digit HS) in 2019 were: aircraft ($6.1 billion), machinery ($5.3 billion), electrical machinery ($4.1 billion), optical and medical instruments ($3.1 billion), and mineral fuels ($2.9 billion).

What can I export to Singapore?

Common Products Exported to Singapore

Here’s a quick look at the best agricultural products to export from India to Singapore: Basmati rice. Milk and dairy products. Onions, ginger, cucumbers, potatoes, and tomatoes.

What do Singapore import the most?

Singapore’s Top Commodity Imports

Commodity Amount (Annually)
Oil & Mineral Fuels $87.8 billion
Precious Stones & Metals $20.3 billion
Iron & Steel $2.9 billion
Aluminum $1.2 billion

What food does Singapore export?

Top exports of processed foods to Singapore in 2020 included:

  • Fats And Oils.
  • Food Preparations & Ingredients.
  • Processed/Prepared Dairy Products.
  • Processed Vegetables & Pulses.
  • Snack Foods.
  • Alcoholic Beverages.
  • Chocolate And Confectionery.
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