Quick Answer: What countries do Singapore export to?

Which countries does Singapore export to?

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.

What countries trade with Singapore?

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.

Which countries does Singapore trade with the most?

Singapore top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 51,619 13.22
Hong Kong, China 44,377 11.37
Malaysia 41,152 10.54
United States 34,401 8.81

What is Singapore’s biggest import?

Top 10

  • Electrical machinery, equipment: US$108.9 billion (33.1% of total imports)
  • Machinery including computers: $52.9 billion (16.1%)
  • Mineral fuels including oil: $49.2 billion (15%)
  • Gems, precious metals: $22.6 billion (6.9%)
  • Optical, technical, medical apparatus: $12.8 billion (3.9%)

What 5 countries do we import the most from?

The top five suppliers of U.S. goods imports in 2019 were: China ($452 billion), Mexico ($358 billion), Canada ($319 billion), Japan ($144 billion), and Germany ($128 billion). U.S. goods imports from the European Union 27 were $515 billion. The United States is the largest services exporter in the world.

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Why is Singapore so rich?

Singapore’s rise to the top was attributed to its advanced technological infrastructure, availability of skilled labor, favorable immigration laws, and the efficient way in which new businesses can be set up here.

What country owns Singapore?

Singapore became part of Malaysia on 16 September 1963 following a merger with Malaya, Sabah, and Sarawak. The merger was thought to benefit the economy by creating a common, free market, and to improve Singapore’s internal security. However, it was an uneasy union.

What is the capital of Singapore?

Singapore, city, capital of the Republic of Singapore. It occupies the southern part of Singapore Island.

Inside view of Asia