25-Feb-2025
Highlights:
The major export products of Singapore are Electrical, electronic equipment, Machinery, nuclear reactors, boilers, Mineral fuels, oils, distillation products, and Optical, photo, technical, and medical apparatus.
The top items that Singapore exports to Russia include Electrical and electronic equipment, refined petroleum, motor vehicle parts, and integrated circuits.
To export goods from Singapore, you need to declare the goods to Singapore Customs, which typically requires a Customs export permit, invoice, packing list, and Bill of Lading/Airway Bill, depending on the goods being exported and permit conditions.
Singapore's major trading partners include Mainland China, Hong Kong, the United States, Malaysia, Indonesia, and South Korea.
Using its advantageous position and cutting-edge facilities, Singapore, a significant exporter in 2025, remains a global trading powerhouse.
The major exports of Singapore in 2023 were electronics, machinery, refined petroleum, and pharmaceuticals, with total exports of US$474.6 billion. With exports to important markets like China, the US, and Malaysia, Singapore continues to be a vital player in international trade despite changes in the world economy.
Furthermore, this blog will guide you on Singapore's main exports, Singapore export data, Singapore export company list, and more.
So, let's start by delving into Singapore trade data!
Singapore's overall merchandise trade fell 11.7% in 2023, from S$1.4 trillion in 2022 to about S$1.2 trillion in 2023. This decline was caused by a 10.5% drop in non-oil commerce and a 16.3% drop in oil trade, which was ascribed to declining world oil prices. In particular, imports declined more sharply by 13.4%, while merchandise exports decreased by 10.1%.
Based on Singapore trade data, December 2024, on the other hand, was a good month, with overall trade increasing 19.0% over the previous month, maintaining the 4.9% rise seen in November 2024. This rising tendency was a result of both imports and exports.
When looking at non-oil domestic exports (NODX), January 2025 showed a 2.1% year-over-year loss, which was less than the 1.1% decline that was predicted and reversed the 9.0% growth that was observed in December 2024. The decline in non-electronic exports was the main cause of this decrease. Notably, shipments to China, the European Union, and Indonesia decreased while top exports of Singapore to regions like Hong Kong, the US, and Taiwan increased.
Here are the top exports of Singapore:
Electrical, electronic equipment
Machinery, nuclear reactors, boilers
Mineral fuels, oils, distillation products
Optical, photo, technical, medical apparatus
Pearls, precious stones, metals, coins
Organic chemicals
Plastics
Pharmaceutical products
Essential oils, perfumes, cosmetics, toiletries
Miscellaneous chemical products
Below is the table for the Singapore's main exports with export value:
Major Export of Singapore | Singapore Export Data (Export Value in USD) |
Electrical, electronic equipment | $161.70 Billion |
Machinery, nuclear reactors, boilers | $74.13 Billion |
Mineral fuels, oils, distillation products | $58.86 Billion |
Optical, photo, technical, medical apparatus | $23.50 Billion |
Pearls, precious stones, metals, coins | $18.79 Billion |
Organic chemicals | $14.57 Billion |
Plastics | $12.61 Billion |
Pharmaceutical products | $11.04 Billion |
Essential oils, perfumes, cosmetics, toileteries | $9.53 Billion |
Miscellaneous chemical products | $6.75 Billion |
Now it's high time to learn more about these top exports of Singapore!
Electrical & Electronic Equipment: Leading the world in semiconductor exports, Singapore provides IT behemoths with integrated circuits and microchips. These top exports of Singapore fuels innovation in consumer and industrial applications.
Machinery, Nuclear Reactors, Boilers: Machinery Automation and high-precision industrial machinery are important exports for the nation. Singapore's advanced engineering sector supports global manufacturing and infrastructure projects.
Mineral Fuels, Oils, Distillation Products: As a major refining hub, Singapore exports petroleum products, including gasoline and lubricants. The country plays a vital role in global energy supply chains.
Optical, Photo, Technical, Medical Apparatus: Scientific instruments, imaging equipment, and advanced medical devices are all exported from Singapore. Its state-of-the-art technology aids in research and healthcare globally.
Pearls, Precious Stones, Metals, and Coins: The nation is a significant trading hub for luxury goods like diamonds and gold. Precious metal reexports make it substantial Singapore's biggest export.
Organic Chemicals: Singapore provides raw materials for industrial industry, agriculture, and pharmaceuticals. This major export of Singapore helps international supply networks across a range of sectors.
Plastics: The nation exports industrial polymers, packaging materials, and plastic resins. Both consumer items and manufacturing employ superior plastic products.
Pharmaceutical Products: Life-saving medications, biotechnology goods, and vaccines are among the major exports of Singapore. One of the mainstays of the global healthcare industry is its pharmaceutical sector.
Essential Oils, Perfumes, Cosmetics, and Toiletries: Singapore exports skincare, personal care, and fragrance items to other countries. The nation is a center for the production and export of luxury cosmetics, making this commodity one of the top exports of Singapore.
Miscellaneous Chemical Products: Cleaning products, dyes, and specialty chemicals are exported all over the world. Both everyday consumer use and industrial uses depend heavily on these compounds.
As a result, the products above are Singapore's main exports, contributing to economic diversification and boosting the nation's income sources. Get Singapore export data at Exportimportdata.in to thoroughly examine the top exports of Singapore or Singapore exports by country.
Now, explore the top Singapore trade partners for 2024!
Also Read: How to Find Buyers in International Market: Proven Ways to Export from India
How to Export Basmati Rice from India?
As of 2023, Singapore's main exports partners are:
Rank | Singapore Major Trading Partners | Export Value (US$ Billion) | Percentage of Total Exports |
1 | Mainland China | 65.5 | 13.8% |
2 | Hong Kong | 50.4 | 10.6% |
3 | United States | 44.9 | 9.5% |
4 | Malaysia | 44.5 | 9.4% |
5 | Indonesia | 35.4 | 7.4% |
6 | South Korea | 20.7 | 4.3% |
7 | Taiwan | 20.5 | 4.3% |
8 | Japan | 19.3 | 4.1% |
9 | Thailand | 19.1 | 4.0% |
10 | Vietnam | 16.7 | 3.5% |
So, Singapore's main export partners hold almost 75% of the nation's overall exports. Additionally, contact us via our platform if you require information on all Singapore trade partners and major exports of Singapore, including a Singapore trading company list, data on export business in Singapore, and additional Singapore export data.
Below are the list of companies in Singapore that trade internationally:
Wilmar International
Olam International
Glencore Singapore
Trafigura Group
Vitol Asia
Cargill Asia Pacific
Bunge Asia
ExxonMobil Asia Pacific
Gunvor Singapore
Singapore Petroleum Company (SPC)
These are Singapore's main export companies, providing everything from crude oil to copper. These Singapore export company lists help to expand the overall Singapore export products globally. Moreover, go to Exportimportdata to import goods from Singapore or become one of Singapore's leading trading partners. b
To access the most updated and genuine Singapore export data, visit ExportImportData.in. Our prominent platform provides accurate, real-time Singapore trade data, including shipment details, Singapore trade partners, and market insights for Singapore's main exports, helping businesses make informed decisions. Singapore export data include Singapore exports from the country, major export of Singapore, and Singapore trading company list
Conclusion!
Singapore's export results for 2024–2025 demonstrate its increasing significance in the world economy. The nation has made a name for itself as a dependable provider to many foreign markets because of its abundant natural resources, industrial items, and agricultural products. Essential goods like machinery, metals, and oil fuel its economic expansion and fortify international trade ties.
To trade with Singapore, get Singapore trade data on Exportimportdata.in. For more queries on major exports of Singapore or Singapore exports by country, schedule a free live demo by clicking here.
Latest Blogs: How is Orange Export from India Growing Globally?
Export Products from India to USA: A Complete 2024 Guide
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
The major 5 export products of Singapore are Electrical, electronic equipment, Machinery, nuclear reactors, boilers, Mineral fuels, oils, distillation products, and Optical, photo, technical, and medical apparatus.
Singapore's biggest trade is machinery and transport equipment, which is both a major export and import. It accounts for around 65% of the overall exports and around 45% of the total imports of the nation.
To access the most updated and genuine Singapore export data, visit ExportImportData.in. It provides accurate, real-time Singapore trade data, including shipment details, Singapore trade partners, and market insights for Singapore's main exports.