Imports. In 2017 Singapore imported $293B, making it the 16th largest importer in the world. During the last five years the imports of Singapore have decreased at an annualized rate of -1.5%, from $314B in 2012 to $293B in 2017.
Top Singapore Imports from the World. In 2017, Singapore bought US$327.7 billion worth of imported products down by -12.2% since 2013 and up by 15.8% from 2016 to 2017. Top 10 Singapore Imports from China. China's exports to Singapore amounted to. $45.3 billion or 13.8% of its overall imports.
Imports in Singapore decreased to 41848.70 Million SGD in December from 43069.54 Million SGD in November of 2018. Imports in Singapore averaged 14626.42 Million SGD from 1964 until 2018, reaching an all time high of 45112.24 Million SGD in October of 2018 and a record low of 266.38 Million SGD in July of 1964. The biggest import product, with 43 percent share, is machinery and equipment (with ...
This page provides a quick guide on the import procedures for those who wish to import goods into Singapore. Imports. An import refers to goods brought into customs territory from an entry point or a free trade zone (FTZ), or overseas goods brought into a free trade zone for storage and pending re-export.
What Products Does Singapore Export? ... Singapore imports raw materials and exports the finish products. Traditionally a re-export country, Singapore mainly depends on external demands and uses imported intermediate inputs from its export and import partners. Except for Hong Kong, which also depends on a re-export economy, most of the raw ...
Singapore is the 14th largest exporter and the 15th largest importer in the world. Historically, international trade has strongly influenced the economy. According to the WTO, Singapore has the highest trade to GDP ratio in the world at 407.9 percent. Due to its geostrategic location and developed port facilities, a large volume of Singapore's merchandise exports involve entrepôt trade ...
This page provides the latest reported value for - Singapore Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Exports - actual data, historical chart and calendar of releases - was last updated on February of 2019.
Singapore imports petroleum gas in smaller amounts. Singapore companies also import broadcasting equipment and office machinery. Most part of imported products by Singapore come from China and Malaysia and represent about 20% of the city’s total imports.
Singapore’s top 10 exports represent 82.5% of the overall value of its global shipments. Boosted by accelerating international sales of gold, gems and precious metals was the fastest-growing among the top 10 export categories, up 97.6% from 2016 to 2017.
Singapore’s top 10 imports represent more than four-fifths (83.6%) of the overall value of its product purchases from other countries. Imported gems and precious metals was the fastest-growing top category up by 76.3% year over year. Precious metals scrap, jewelry, silver and diamonds were the key drivers for this value improvement.