Singapore Trade '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 396 992 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 66 360 Merchandise 15 16 Current account balance (% GDP, 2021) 18.1 excluding intra-EU trade 11 11 Trade per capita (US$, 2019-2021) 109 690 Commercial services 9 8 Trade (% GDP, 2019-2021) 165.3 excluding intra-EU trade 6 5 Value Million US$ 2021 457 357 406 226 2021 2021 2.05 1.80 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS2106 Other food preparations 5 840 HS2208 Alcohol of less than 80% volume 1 461 HS2208 Alcohol of less than 80% volume 1 741 HS2106 Other food preparations 692 HS1901 Malt extract 1 076 HS1518 Animal or vegetable fats and oils 588 HS2402 Cigars, cheroots, cigarillos 616 HS2204 Wine of fresh grapes 540 HS1806 Chocolate and other cocoa food 442 HS2402 Cigars, cheroots, cigarillos 535 Share in economy's trade in agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 12 791 6 3 -7 Imports 13 128 3 -1 3 Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS8542 Electronic integrated circuits 86 323 HS8542 Electronic integrated circuits 71 751 HS2710 Petroleum oils, other than crude 27 392 HS2710 Petroleum oils, other than crude 31 235 HS7108 Gold 15 796 HS7108 Gold 16 627 HS8411 Turbo-jets, turbo-propellers and ot 13 728 HS8411 Turbo-jets, turbo-propellers and ot 15 063 HS8525 Radio-telephony transmission tools 9 429 HS2709 Petroleum oils, crude 14 376 Share in economy's trade in non-agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 340 607 1 -5 -4 Imports 312 611 1 -3 -9

Merchandise exports, f.o.b. 2 -7 26 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 2 -8 23 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2020) By main origin, % (2020) Annual percentage change Annual percentage change 0% 10% 20% 30% HS8542 HS2710 HS7108 HS8411 HS8525 Exports 0% 10% 20% 30% HS8542 HS2710 HS7108 HS8411 HS2709 Imports 0% 5% 10% 15% HS2208 HS2106 HS1518 HS2204 HS2402 Imports 0% 50% HS2106 HS2208 HS1901 HS2402 HS1806 Exports Agricultural products: 4 Fuels and mining products: 9.1 Manufactures: 80.1 Other: 6.8 Agricultural products: 4.4 Fuels and mining products: 16.2 Manufactures: 73 Other: 6.4 China: 13.7 Hong Kong, China: 12.4 United States of America: 10.8 Malaysia: 8.9 European Union: 8.5 Other: 45.7 China: 14.4 Malaysia: 12.7 Chinese Taipei: 11 United States of America: 10.7 European Union: 10.3 Other: 40.9

324 World Trade Organization – Trade Profiles 2022

Singapore

Value Million US$ 2021 229 552 223 356 2021 2021 3.83 4.03 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 68 127 Imports 73 873 Exports Value Imports Value Share (%) By sea (2021) 63 917 By sea (2021) 55 054 74.5 By air (2021) 3 623 By air (2021) 16 892 22.9 By other (2021) 130 By other (2021) 1 453 2.0 Value Million US$ 2021 Exports 3 808 Imports 4 027 Million US$ Value 2021 Other commercial services Exports 149 662 Imports 136 261 2021 Goods-related services Exports 7 955 Imports 9 195 Residents Total Residents Total Residents Total 1 778 11 487 13 265 7 351 19 209 26 560 360 1 703 2 063 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 8 12 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 14 2 13 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 Transport Annual percentage change 2010-2021 2020 2021 5 0 -11 -13 -75 -26 -73 -44 INDUSTRIAL PROPERTY 8 11 24 11 14 10 By main services item, % (2021) By main destination, % (2020) a Share in world total exports (%) Share in world total imports (%) Annual percentage change -3 10 8 2010-2021 2020 10 Commercial services exports Commercial services imports 8 2021

COMMERCIAL SERVICES Share (%) 93.8 5.3 0.2 na na -1 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin, % (2020) a a Total services instead of commercial services. Travel exports (Index 2010=100) na -12 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 8 9 3 12 Annual percentage change 0 100 200 2010 2014 2018 2021 Singapore World 0 100 200 2010 2014 2018 2021 Singapore World Transport: 29.7 Travel: 1.7 Other commercial services: 65.2 Goods-related services: 3.5 Transport: 33.1 Travel: 1.8 Other commercial services: 61 Goods-related services: 4.1 European Union: 13.5 United States of America: 10.5 Japan: 10.3 Australia: 8.7 China: 7.2 Other: 49.7 United States of America: 25.4 European Union: 10 China: 6.8 Hong Kong, China: 5.1 Japan: 5 Other: 47.7 49.7 24.9 12.5 13.0 Other business services Financial services ICTs Other Singapore 325 World Trade Organization – Trade Profiles 2022