Singapore is a major trade and commercial hub in the Southeast Asia region, especially for international businesses. The country’s central location has enabled the perfect harmony of shipping and trade among many international players that wish to take the step to expanding in the region. Singapore is among Asia’s main transport and shipment port country and is one of the top export countries in the world. A high export to import ratio has also pushed Singapore to have a very high trade surplus among the other ASEAN nations.
To facilitate the need for advanced infrastructure in trade and logistics, the country had to import large amounts of raw material that it is unable to procure by itself. This is evident as the import of goods and services as a percentage of its GDP being one of the highest in the Asia Pacific region.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
In the following 5 chapters, you will quickly find the 19 most important statistics relating to "Trade in Singapore".