Quick Answer: Which country is Singapore’s largest trading partner?

Which countries does Singapore import most from?

Top 10 Import Countries

Country Import USD$
China $49,032,834,994
United States $43,939,381,117
Malaysia $41,689,717,888
Japan $19,371,888,982

Which country does Singapore import from?

In 2019, Singapore major trading partner countries for exports were China, Hong Kong, China, Malaysia, United States and Indonesia and for imports they were China, United States, Malaysia, Other Asia, nes and Japan.

Is China Singapore’s largest trading partner?

Since 2013, China has been Singapore’s largest trading partner, and Singapore has been China’s largest foreign investor.

Who are Singapore’s trading partners?

In 2017, Singapore major trading partner countries for exports were China, Hong Kong, China, Malaysia, Indonesia and United States and for imports they were China, Malaysia, United States, Other Asia, nes and Japan.

What is the main trade of Singapore?

Economy of Singapore

Statistics
Export goods Machinery and equipment Electronics and telecommunications Pharmaceuticals and other chemicals Refined petroleum products Chemical products
Main export partners Hong Kong 13.67% China 11.21% Malaysia 9.43% United States 8.45% Indonesia 7.72% (2018)
Imports US$533 billion (2019)

What are Singapore’s top exports?

Top 10

  • Electrical machinery, equipment: US$132.2 billion (35.3% of total exports)
  • Machinery including computers: $58.2 billion (15.5%)
  • Mineral fuels including oil: $30.3 billion (8.1%)
  • Optical, technical, medical apparatus: $20.8 billion (5.6%)
  • Gems, precious metals: $20.3 billion (5.4%)
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Which 5 countries are Singapore’s top 5 food suppliers?

In 2019, the top partner countries from which Singapore Imports Food Products include France, Malaysia, China, United Kingdom and Indonesia.

Where does Singapore get its money?

The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.