IND imports ▲ 4.2%USA coffee 0901 ▲ 11.8%VNM exports ▲ 6.1%BRA 0901.11 ▲ 9.4%DEU machinery ▲ 2.7%Last refresh: 2026-08-01

Where we work · Asia

Trading with Singapore

Live customs statistics, the practical checks that decide whether the route works, and how we help you run it.

Why Singapore matters

Singapore is a transhipment and trading hub where a large share of cargo is re-exported, and where import duty is low or nil for most goods. Its main traded goods include machinery, mineral fuels, chemicals, precision instruments.

Singapore trade at a glance

$457.5BImports 2024
$504.8BExports 2024
+$47.3BTrade balance
+8.3%Imports vs 2023
Top suppliers — 2024UN Comtrade
#SupplierValueShare
01Other Asia, nes$63.1B13.8%
02China$56.7B12.4%
03USA$55.8B12.2%
04Malaysia$51.4B11.2%
05Rep. of Korea$28.7B6.3%
06Japan$22.2B4.9%
07Indonesia$15.7B3.4%
08France$13.0B2.8%
09United Arab Emirates$12.9B2.8%
10Thailand$11.4B2.5%

Source: UN Comtrade, official statistics reported by national authorities. Figures are country-level aggregates, not shipment records.

What to check before trading with Singapore

Distinguish local consumption from re-export in the records before reading demand from the totals.