Also, Singapore Export Data shows that Singapore is the rank of 19th largest exporter in the world with a total export value of $390.33 Billion US Dollars in the year 2020. )spirits: 0.24 liters of pure alcohol (2019 est. These cookies are used to collect information about how you interact with our website and allow us to remember you. 1 Official estimates suggest the country's total exports amounted to $2.641 trillion in 2019.. What makes Singapore so special? The total Singapore imports of the country are around S$464 billion and total exports of the country are around S$519 billion. ), 238.983 million metric tonnes of CO2 (2019 est. What percentage of Singapore is Chinese? )$553.85 billion (2018 est. The fundament of Singapore's economy is the developed legal framework encouraging foreign investments and the trading activities carried out by the large number of companies in the city-state. Singapore is a small but prosperous island nation that has a lot to offer when it comes to quality of life and individual growth. Total exports fell 2 per cent . The country also exports petroleum (19 percent); chemical products (13 percent); miscellaneous manufactured articles (8 percent) and oil bunkers (7 percent). Year 2022. 1 Singapore dollar is equal to 0.74 U.S. dollars and 0.65 euros as of January 2022. A paid subscription is required for full access. ), Singapore dollars (SGD) per US dollar -1.33685 (2020 est. Includes 236 key indicators for Singapore, curated by CEIC analysts. A single cookie will be used in your browser to remember your preference not to be tracked. )imports of goods and services: -149.1% (2017 est. )note: excludes non-residents, agriculture: 0.7%industry: 25.6%services: 73.7% (2017)note: excludes non-residents, lowest 10%: 1.6%highest 10%: 27.5% (2017), revenues: 50.85 billion (2017 est. )106.8% of GDP (2016 est. In 2021, Singaporean importers spent the most on the following 10 subcategories of electronic equipment including consumer electronics. There is no data available for your selected dates. Singapore is the 5th most visited city in the world, and 2nd in the Asia-Pacific. Singapore's External Trade - May 2022. )municipal solid waste recycled annually: 4,699,623 tons (2015 est. If the centre point of the bubble falls in the green region . ), conventional long form: Republic of Singaporeconventional short form: Singaporelocal long form: Republic of Singaporelocal short form: Singaporeetymology: name derives from the Sanskrit words "simha" (lion) and "pura" (city) to describe the city-state's leonine symbol, name: Singaporegeographic coordinates: 1 17 N, 103 51 Etime difference: UTC+8 (13 hours ahead of Washington, DC, during Standard Time)etymology: name derives from the Sanskrit words simha (lion) and pura (city), thus creating the city's epithet "lion city", no first order administrative divisions; there are five community development councils: Central Singapore Development Council, North East Development Council, North West Development Council, South East Development Council, South West Development Council (2019), 9 August 1965 (from Malaysian Federation), history: several previous; latest adopted 22 December 1965amendments: proposed by Parliament; passage requires two-thirds majority vote in the second and third readings by the elected Parliament membership and assent of the president of the republic; passage of amendments affecting sovereignty or control of the Police Force or the Armed Forces requires at least two-thirds majority vote in a referendum; amended many times, last in 2020, has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt, citizenship by birth: nocitizenship by descent only: at least one parent must be a citizen of Singaporedual citizenship recognized: noresidency requirement for naturalization: 10 years, 21 years of age; universal and compulsory, chief of state: President HALIMAH Yacob (since 14 September 2017)head of government: Prime Minister LEE Hsien Loong (since 12 August 2004)cabinet: Cabinet appointed by the president on the advice of the prime minister; Cabinet responsible to Parliamentelections/appointments: president directly elected by simple majority popular vote for a fixed term of 6 years (there are no term limits); election last held on 13 September 2017 (next to be held in 2023); following legislative elections, leader of majority party or majority coalition appointed prime minister by president; deputy prime ministers appointed by the presidentelection results: 2017: HALIMAH Yacob was declared president on 13 September 2017, being the only eligible candidate2011: Tony TAN Keng Yam elected president; percent of vote - Tony TAN Keng Yam (independent) 35.2%, TAN Cheng Bock (independent) 34.9%, TAN Jee Say (independent) 25%, TAN Kin Lian (independent) 4.9%, description: unicameral Parliament (104 seats statutory, 103 current term; 93 members directly elected by simple majority popular vote, up to 9 nominated by a parliamentary selection committee and appointed by the president, and up to 12 non-constituency members from opposition parties to ensure political diversity; members serve 5-year terms); note - the number of nominated members increased to 12 for the 2020 election for the first time (2021)elections: last held on 10 July 2020 (next must be held by 2025)election results: percent of vote by party - PAP 89.2%, WP 10.6%, other 0.2%; seats by party - PAP 83, WP 10; composition of total Parliament - men 73, women 30, percent of women 29.1%, highest court(s): Supreme Court (although the number of judges varies - as of April 2019,the courttotaled 20 judges, 7 judicial commissioners, 4 judges of appeal, and 16 international judges); the court is organized into an upper tier Appeal Court and a lower tier High Courtjudge selection and term of office: judges appointed by the president from candidates recommended by the prime minister after consultation with the chief justice; judges usually serve until retirement at age 65, but terms can be extendedsubordinate courts: district, magistrates', juvenile, family, community, and coroners' courts; small claims tribunals; employment claims tribunals, Democratic Progressive Party or DPP [Mohamad Hamim BIN ALIYA]National Solidarity Party or NSP [Spencer NG]People's Action Party or PAP [LEE Hsien Loong]People's Power Party or PPP [Goh Meng SENG]People's Voice or PV [Lim TEAN]Progress Singapore Party or PSP [Francis YUEN]Red Dot United or RDU [Ravi PHILEMON]Reform Party or RP [Kenneth JEYARETNAM]Singapore Democratic Alliance or SDA [Desmond LIM]Singapore Democratic Party or SDP [Dr. CHEE Soon Juan]Singapore Malay National Organisation or PKMS [Muhammad Hairullah AHMAD]Singapore People's Party or SPP [Steve CHIA]Singapore United Party or SUP [Andy ZHU]Workers' Party or WP [Pritam SINGH]note: the PAP has won every general election since the end of the British colonial era in 1959, ADB, AOSIS, APEC, Arctic Council (observer), ARF, ASEAN, BIS, C, CP, EAS, FAO, FATF, G-77, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OPCW, Pacific Alliance (observer), PCA, UN, UNCTAD, UNESCO, UNHCR, UPU, WCO, WHO, WIPO, WMO, WTO, chief of mission: Ambassador Ashok KUMAR Mirpuri (since 30 July 2012)chancery: 3501 International Place NW, Washington, DC 20008telephone: [1] (202) 537-3100FAX: [1] (202) 537-0876email address and website: singemb_was@mfa.sghttps://www.mfa.gov.sg/washington/consulate(s) general: San Franciscoconsulate(s): New York, chief of mission: Ambassador Jonathan KAPLAN (since December 2021)embassy: 27 Napier Road, Singapore 258508mailing address: 4280 Singapore Place, Washington DC 20521-4280telephone: [65] 6476-9100FAX: [65] 6476-9340email address and website: singaporeusembassy@state.govhttps://sg.usembassy.gov/, two equal horizontal bands of red (top) and white; near the hoist side of the red band, there is a vertical, white crescent (closed portion is toward the hoist side) partially enclosing five white five-pointed stars arranged in a circle; red denotes brotherhood and equality; white signifies purity and virtue; the waxing crescent moon symbolizes a young nation on the ascendancy; the five stars represent the nation's ideals of democracy, peace, progress, justice, and equality, lion, merlion (mythical half lion-half fish creature), orchid; national colors: red, white, name: "Majulah Singapura" (Onward Singapore)lyrics/music: ZUBIR Saidnote: adopted 1965; first performed in 1958 at the Victoria Theatre, the anthem is sung only in Malay, total World Heritage Sites: 1 (cultural)selected World Heritage Site locales: Singapore Botanic Gardens. 19 overall in the U.S. News Best Countries rankings. Singapore exports grow 11.4% in August SINGAPORE: Singapore's non-oil domestic exports ( NODX ) grew by 11.4 per cent year-on-year in August, following the 7 per cent growth in July. )note:estimate does not include children, (2020 est.) Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, and medical technology production and will continue efforts to strengthen its position as Southeast Asia's leading financial and technology hub. (2022). Data are in current U.S. dollars. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. )imports: 424,000 metric tons (2020 est. Unemployment is very low. Learn more about the statistical standards, classifications, concepts and methods adopted by Singapore Department of Statistics, as well as other international classifications. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies . )female: 5% (2020 est. The total value of imports (CIF) was 328,624 million. facts. )carbon dioxide emissions: 37.54 megatons (2016 est. Direct access to our data from your apps using any programing language. with its neighboring countries China, Malaysia, Indonesia and Hong Kong, approximately 35% of the city-state's total exports are destined to . They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Growth from 2012-2017 was slower than during the previous decade, a result of slowing structural growth - as Singapore reached high-income levels - and soft global demand for exports. Hewlett Packard and Texas Instruments have invested nearly US$10 billion combined. As per Singapore export data, the country's exports totalled USD 374.2 billion in 2020, a -4.1% decline from 2019. Exports in Singapore increased to 61123.24 Million SGD in September from 61029.05 Million SGD in August of 2022. GDP in Singapore averaged 100.26 USD Billion from 1960 until 2021, reaching an all time high of 396.99 USD Billion in 2021 and a record low of 0.70 USD Billion in 1960. The Trading Economics Application Programming Interface (API) provides direct access to our data. Contents1 What do we import from Singapore?2 Who has the most exports to the [] The data reached an all-time high of 46.8 USD bn in Jul 2022 and a record low of 477.6 USD mn in Mar 1976. Answer: Cooking and Tropical Oils is the largest category but read on - you will be surprised Singapore, which grows very limited amount of good despite the 30/30 initiative by the Government, is a very major exporter of food. Download limits apply. Exports and imports of Singapore in 2020 are below, along with number of countries and products. Singapore has a highly developed and successful free-market economy. )$561.3 billion (2019 est. )imports: 14,727,709,000 cubic meters (2020 est. All rights reserved, Unlimited access tailored to your data needs. Singapore has one of the lowest total fertility rates (TFR) in the world an average of 1.15 children born per woman and a rapidly aging population. Womens expanded educations, widened aspirations, and a desire to establish careers has contributed to delayed marriage and smaller families. In terms of Singapore Import data, Singapore is ranked the 17th largest importer in the world with a total import value of $358.97 Billion U.S. dollars in the year 2020. )consumption: 13,396,282,000 cubic meters (2019 est. note: data are in current year dollars$557.49 billion (2018 est.) Singapore Raw materials imports are worth US$ 32,971 . )1.2671 (2013 est. )percent of population: 92% (2020 est. Singapore exports for 2020 was $627.46B, a 4.66% decline from 2019. ), municipal: 296.73 million cubic meters (2017 est. Available via annual subscription to one or more of CEICs global and premium databases. ), $93,400 (2020 est. ), definition: age 15 and over can read and writetotal population: 97.5%male: 98.9%female: 96.1% (2019), total: 17 yearsmale: 16 yearsfemale: 17 years (2019), total: 10.6%male: 8.1%female: 13.5% (2020 est. statistic alerts) please log in with your personal account. Singapore Department of Statistics. Singapores main exporter partners are China (15 percent of total exports), Hong Kong (12 percent), Malaysia (11 percent), Indonesia (8 percent), United States (6 percent) and Japan (5 percent). Industry-specific and extensively researched technical data (partially from exclusive partnerships). The biggest export product, with 43 percent share, is machinery and equipment. Energy products exports fell by 0.9%, from 76.5 Mtoe in 2020 to 75.8 Mtoe in 2021. The 20 countries with the highest trade surplus in 2020, Largest services trading partners Singapore 2020, by value. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. According to the World Trade Organization (WTO), the main feature of Singapore's trade policy remains openness to trade and investment, at a time when the country's trade (goods and services) almost quadrupled in volume of annual Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens. )exports: 0 kWh (2019 est. 1976 - 2022 | Monthly | USD mn | CEIC Data. China has been the largest exporter of goods in the world since 2009. )crude oil and lease condensate exports: 13,000 barrels/day (2018 est. You need a Statista Account for unlimited access. )expenditures: 51.87 billion (2017 est. machinery and equipment Singapore derives most of its revenues from foreign trade. Singapore had a total export of 373,683,730.06 in thousands of US$ and total imports of 328,624,455.64 in thousands of US$ leading to a positive trade balance of 45,059,274.42 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Singapore is 0.05% and the Most Favored Nation (MFN) Weighted Average tariff is 0. . ), total population: 86.35 yearsmale: 83.65 yearsfemale: 89.2 years (2022 est. Register in seconds and access exclusive features. . )note: Singapore's public debt consists largely of Singapore Government Securities (SGS) issued to assist the Central Provident Fund (CPF), which administers Singapore's defined contribution pension fund; special issues of SGS are held by the CPF, and are non-tradable; the government has not borrowed to finance deficit expenditures since the 1980s; Singapore has no external public debt, $63.109 billion (2019 est. ), total petroleum production: 0 bbl/day (2021 est. ), at birth: 1.05 male(s)/female0-14 years: 1.07 male(s)/female15-24 years: 1.11 male(s)/female25-54 years: 1 male(s)/female55-64 years: 0.97 male(s)/female65 years and over: 0.75 male(s)/femaletotal population: 1 male(s)/female (2022 est. )note: expenditures include both operational and development expenditures, 111.1% of GDP (2017 est. (male 310,123/female 366,259), total dependency ratio: 34.5youth dependency ratio: 16.5elderly dependency ratio: 18potential support ratio: 5.6 (2020 est. If you decline, your information wont be tracked when you visit this website. Non-electronics exports grew while electronics exports decreased from.Non-electronics exports grew while electronics exports decreased from a high base a year ago, according to official data released by Enterprise Singapore (ESG) on Friday (Sep 16).Exports to the top 10 markets as a whole rose in August, mainly due to the US, the 27 European . Get full access to all features within our Corporate Solutions. )$1,528,177,000,000 (2018 est. Singapore's External Trade - June 2022. Singapore Total Exports recorded 43.2 USD bn in Sep 2022, compared with 44.1 USD bn in the previous month See the table below for more data. Ethnic Chinese at 75.9% form the largest group, followed by ethnic Malays (15.0%) and ethnic Indians (7.5%), collectively making up virtually the entirety of its citizen population (98.4%).. How many percent of Singapore population is foreigners? January 4, 2022. ), 4.22 migrant(s)/1,000 population (2022 est. : 13,396,282,000 cubic meters ( 2019 est. 0 bbl/day ( 2021 est. Unlimited access tailored to your needs. The 5th most visited city in the world, and a desire establish! And 2nd in the world since 2009 -1.33685 ( 2020 est. the most on the following subcategories..., along with number of countries and products include children, ( 2020 est )! Yearsmale: 83.65 yearsfemale: 89.2 years ( 2022 est. ( 2016 est ). 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