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27 September 2024
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Key Indicators
- 16,018,498
- 254,859
- Export Trading Partners106
- 18,764,434
- 145,583
- Import Trading Partners94
Overview
Singapore Export Trade
Introduction:
Singapore is a critical hub in global trade, known for its advanced manufacturing, electronics, and pharmaceutical sectors. These industries are central to meeting international market demands and significantly contribute to Singapore’s economic prosperity. This strategic position offers exceptional opportunities for global importers looking to source high-quality and innovative products.
Economic Overview:
As one of the world’s most open and well-developed economies, Singapore ranks high in global GDP per capita. Its economy is heavily reliant on exports, particularly in electronics, chemicals, and services, which contribute a substantial part of its GDP. The government continually invests in sectors like biotechnology and information technology to diversify and enhance its export capabilities.
Political and Regulatory Environment:
Singapore's stable political environment and strong legal framework support a highly favorable climate for international trade. Its trade policies are designed to ensure ease of doing business, underpinned by numerous free trade agreements and a robust regulatory system that facilitates smooth export processes.
Opportunities and Challenges for Importers:
Key opportunities include high-tech industries and pharmaceuticals, where Singapore has established a competitive global foothold. Challenges might include the country’s dependency on foreign markets and raw materials, requiring importers to navigate a complex global supply chain.
Top 10 Export Products:
- Integrated Circuits (HS Code: 8542) - Core of tech exports.
- Refined Petroleum (HS Code: 2710) - High-grade fuel products.
- Pharmaceuticals (HS Code: 3004) - Innovative and essential medicines.
- Machinery (HS Code: 8479) - Precision equipment for various industries.
- Optical and Medical Instruments (HS Code: 9001) - Advanced technology for healthcare.
- Gold (HS Code: 7108) - Important for monetary and industrial use.
- Petrochemicals (HS Code: 2902) - Basic chemicals for various industries.
- Consumer Electronics (HS Code: 8504) - High demand consumer goods.
- Ships and Boats (HS Code: 8901) - Leading in shipbuilding and repair.
- Printed Circuits (HS Code: 8534) - Key components in electronic devices.
Top Suppliers:
UPS SINGAPORE, SKECHERS SINGAPORE PTE LTD, TOHEED BROTHERS
Solution for Global Importers:
Global importers are encouraged to leverage Volza’s online export data to tap into Singapore’s dynamic export market. Volza provides essential tools to efficiently navigate and discover export opportunities, helping importers to quickly and effectively identify and exploit potential markets. Utilize Volza today to enhance your sourcing strategies from Singapore.
Export Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Export Data
Singapore
Export Data
Export Data
16,018,498 Bill of Ladings, 145,583 Buyers & 254,859 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaExport Data
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Reach out to the Singapore Export market Identify verified and active business partners in Singapore
Singapore Export Data
Product | Exporters | Buyers | Arrival Date |
|---|---|---|---|
AMEROID RS }R |   Turkey | 30-04-2024 | |
(469A4 CAPFE CONTENTS ADB1R) PLASTIC8COMPINTIONS (5 11th 12 17 UGD AND 2021 24 VE 2020 DAMPING NOTIFICATION NO. 20 +NOT IN THE SCOPE OF PROGRAMS) (NOT FROM BEADS MADE OF PLASTIC) | Turkey | Turkey | 30-04-2024 |
LLDPE PLASTIC GRANULES RAVAPURA C100-4142,4242,5142,,5242 | India | 30-04-2024 | |
ACTUATOR DN10 FOR CAPTIVE CONSUMPTION | India | 30-04-2024 | |
EHC 50 LUBE BASE OILBULK | 30-04-2024 | ||
BASE OIL EHC 110 T.M 1193166/ 18.11.2023 B.NO: 8764166/14.11.2023 | 30-04-2024 |
Top 10 Exporters
Singapore Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in Singapore. To assist you in identifying the leading exporters in Singapore, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in Singapore are companies like TOYOTA MOTOR ASIA PACIFIC PTE LTD, ELEMENT14 PTE LTD WAREHOUSE , and SCHNEIDER ELECTRIC ASIA PTE LTD. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
Singapore Top 10 Exporters
| Rank | Exporters | Shipments |
|---|---|---|
1 | 208,858 | |
2 | 205,026 | |
3 | 193,520 | |
4 | 189,826 | |
5 | 170,975 | |
6 | 122,537 | |
7 | 114,723 | |
8 | 93,240 | |
9 | 88,187 | |
10 | 85,041 |
Data Source : Volza Export Data
Top 7 Export Products
Singapore Top 7 Export Products
As the Singapore export data reveals, the nation's top export products for 2024 were prominently characterized by:- Plastic: 73.30%
- Insulator: 10.48%
- Sensor: 7.48%
- Mobile Phone Part: 3.92%
- Mobile Phone Part: 3.92%
- Synthetic Staple Fibre: 0.60%
- Cleaning Agent: 0.32%
Singapore Top 7 Export Products
| Rank | Export Products | Shipments |
|---|---|---|
1 | PLASTIC | 81,189,574 |
2 | INSULATOR | 11,602,345 |
3 | SENSOR | 8,280,221 |
4 | MOBILE PHONE PART | 4,337,247 |
5 | MOBILE PHONE PART | 4,337,247 |
6 | SYNTHETIC STAPLE FIBRE | 661,175 |
7 | CLEANING AGENT | 349,359 |
Data Source : Volza Export Data
Trading Partners
Top Trading Partners of Singapore
Import Trading Partners
Export Trading Partners
Top 9 Export Trading Partners
Singapore Top 9 Export Trading Partners
Singapore trade data from 2024 highlights the nation's top 9 export partners as follows: INDIA (USD 4,672,400), UNITED STATES (USD 2,653,313) and the INDONESIA (USD 1,812,511).
The growth rates for the leading three exporters were as follows: India at 29.17% , United States at 16.56% and Indonesia11.32%.
Trade balance analysis reveals that Singapore had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Singapore export statistics show that the country's top 9 export partners in 2024 collectively contributed 87.2% to the overall value of export shipments. Furthermore, Singapore’s major exports from India include PLASTIC, INSULATOR, SENSOR, MOBILE PHONE PART, CLEANING AGENT, SYNTHETIC STAPLE FIBRE, MOBILE PHONE PART, products. The provided chart below breaks down the values in percentile of Singapore’s top 9 export partners for 2024.
Singapore Top 9 Export Trading Partners
| Rank | Export Trading Partners | Shipments |
|---|---|---|
1 | 4,672,400 | |
2 | 2,653,313 | |
3 | 1,812,511 | |
4 | 1,768,461 | |
5 | 1,571,830 | |
6 | 1,159,709 | |
7 | 235,017 | |
8 | 202,261 | |
9 | 176,582 |
Data Source : Volza Export Data
Export Data Sample record
Singapore Export Data Sample record
Singapore export data covers all important shipping details that are essential for businesses to find exporters in Singapore, analyze market trends and identify potential industries. Singapore trade data contains customs-based details including Date, Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Singapore export data sample with complete number of fields available in data.
Singapore Export Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 381010000011
- Quantity:
- 875
- Quantity Unit:
- UNT
- Value FC:
- Value:
- 875
- HS Descirption:
- Preparations used for cleaning metal surfaces
- Exporter:
- DREW MARINE NETHERLANDS B V
- Importer:
- BRIGANTINA DENIZCILIK THALAT HRACAT SANAY VE TICARET LIMITED
Data Source : Volza Export Data
Singapore Export Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Export Data
Top 6 Export Ports
Singapore Top 6 Export Ports
Singapore's global export trade operates through over 6 ports. Singapore stands as the predominant port, handling 2,636,912 export shipments, which constitutes a 47.38% market share. Singapore follows with an 19.01% share, accounting for 1,058,013 shipments, while OP Singapore contributes a 13.22% market share with its 735,945 shipments. For detailed export trade statistics of each port in Singapore, refer to the provided links below. Collectively, these ports underscore the integrated nature of Singapore's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across Singapore.
Singapore Top 6 Export Ports
| Rank | Exporters | Count |
|---|---|---|
1 | Singapore | 2,636,912 |
2 | Singapore | 1,058,013 |
3 | OP Singapore | 735,945 |
4 | Jurong | 618,846 |
5 | Singapore | 271,907 |
6 | Singapore | 243,367 |
Data Source : Volza Export Data
Export Bill of Lading
- Export Shipments of Singapore
- 16,018,498
- Date
- 30-04-2024
- Product Description
- AMEROID RS }R
- Shipper Name
- DREW MARINE NETHERLANDS B V
- Consignee Name
- BRIGANTINA DENIZCILIK THALAT HRACAT SANAY VE TICARET LIMITED
- Weight Unit
- UNT
- Quantity
- 875
- Shipment Origin
- Turkeyt3
- Port of origin
- Not Available
- Marks Description
- Preparations used for cleaning metal surfaces