Singapore trading partners. International Trade. International Enterprise Singapore and the Singapore Department of Statistics compile statistics on merchandise trade and trade in services respectively.

Singapore trading partners

Ukraine Opens New Markets: Malaysia and Indonesia are potential trading partners

Singapore trading partners. Singapore's exports and imports of services reached $ billion and $ billion in , increasing by % and % respectively. The bulk of services trade were for transport, travel and business management services. Singapore's top trading partners for included the European Union (EU).

Singapore trading partners


That is, these are countries that imported the most Singaporean export shipments by dollar value during All 15 top importers increased their import purchases from Singapore from to Gains ranged from 5. As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit. It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners.

Singapore incurred the highest trade deficits with the following countries:. United Arab Emirates up Singapore incurred the highest trade surpluses with the following countries:.

Seventeen corporations rank among Forbes Global for Below is a sample of the major Singaporean export companies that Forbes included:. According to global trade intelligence firm Zepol, the following smaller companies are also examples of Singaporean export companies:. The World Factbook, Field Listing: Imports — Commodities , Central Intelligence Agency.

Accessed on April 21, World's Top Exports Trade metrics that inspire global thinking. Singapore incurred the highest trade deficits with the following countries: Singapore incurred the highest trade surpluses with the following countries: Below is a sample of the major Singaporean export companies that Forbes included: Selected examples are shown below: Asia , Import News , Top partners. What country is the number 1 exporter of cookies?

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