The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Also shown is the percentage share each product category represents in terms of overall imports into Singapore.Singapore’s top 10 imports represent more than four-fifths (83.5%) of the overall value of its product purchases from other countries.In 2019, Singaporean importers spent the most on the following 10 subcategories of electronic equipment including consumer electronics.Among these import subcategories, Singaporean purchases of electrical or optical circuit boards and panels (up 23.6%), phone system devices including smartphones (up 13.4%) and electrical machinery (up 4%) grew from 2018 to 2019.In 2019, Singaporean importers spent the most on the following 10 subcategories of mineral fuels-related products.Among these import subcategories, Singaporean purchases of distilled tar (up 815.1%), high-temperature distilled coal tar oils (up 119.6%) then coke and semi-coke (up 44.4%) grew from 2018 to 2019.In 2019, Singaporean importers spent the most on the following 10 subcategories of machinery including computers.Among these import subcategories, Singaporean purchases of turbo-jets (up 38%), piston engines (up 24.6%) then computer parts or accessories (up 14.5%) grew at the fastest pace from 2018 to 2019.In 2019, Singaporean importers spent the most on the following 10 subcategories of gems and precious metals.Among these import subcategories, Singaporean purchases of precious metal waste or scrap (up 192.3%), other precious metal items (up 29.1%) then jewelry (up 6.7%) grew at the fastest pace from 2018 to 2019.Click to email this to a friend (Opens in new window) Singapore nightscape Singapore imported US$359 billion worth of goods from around the globe in 2019, up 16.5% since 2015 but down -3.1% from 2018 to 2019. Singapore cars ready for export, Import vehicles direct and save.
Importing fuels is critical for Singapore to secure a reliable and diversified supply of competitively-priced energy. In comparison, the value of imports exceeds exports for
Imports & Exports of Energy Products. U.S. exports to Singapore account for 2.0% of overall U.S. exports in 2018. In second place for improving export sales was the optical, technical and medical apparatus category via a 9% gain.
Singapore's trade with the United States since 2006.Accounted for the bulk of Singapore's trade in services in 2019.Obtain latest news and data; View dates of upcoming data releases; Sign up for alerts on key releases; Check out the newsletter.Search for data by themes or A-Z; Obtain time series and cross sectional tables from the SingStat Table Builder; Find out more about statistical concepts; Take the Quizzes.Learn more about the statistical standards, classifications, concepts and methods adopted by Singapore Department of Statistics, as well as other international classifications.Read about the Singapore Department of Statistics, our Vision and Mission, the Singapore Statistical System and more.Join us in shaping polices and empowering decision-making with insightful statistics. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.During the last 20 years Singapore's economy has become relatively more complex, moving from the 20th to the 6th position in the ECI rank.These economic complexity rankings use 6 digit exports classified according to the HS96 classification. Based on the average exchange rate for 2019, the Singapore dollar appreciated by 0.8% against the US dollar since 2015 but declined by 1.1% from 2018 to 2019. U.S. goods exports to Singapore in 2018 were $32.7 billion, up 10.5% ($3.1 billion) from 2017 and up 17.6% from 2008. Enterprise Singapore Singapore is the official source of Singapore's trade statistics.
To explore different rankings and vary these parameters visit the custom rankings section.The highest complexity exports of Singapore according to the product complexity index (PCI) are The top export opportunities for Singapore according to the relatedness index, are The product space is a network connecting products that are likely to be co-exported. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. However, EU exports to Singapore decreased by 16 per cent to 12.5 billion euros from December 2019 to May 2020, compared with the same period a … In comparison, the value of imports exceeds exports for Singapore's trade with the US since 2006. Singapore was the United States' 13th largest goods export market in 2018. Because growing your business is our business. At the base of this economy are the trading activities Singapore has with numerous countries. Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with Mainland China.
Re-exports accounted for 43% of Singapore's total sales to other countries in 2000.
The schedule for imports to the EU are shown in Appendix 2-A-1 of the Official Journal L293 14 November 2019 (page 130).
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