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Singapore Major Exports by Category and Value

Navigate Singapore's export landscape with category-by-category analysis and key market insights

Smart card

Main Exported Product

$470.2 b

Market Size

missing data

Highest-Volume Exports

~7.40%

Market Growth Rate

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Singapore Export Market

AI Insight

Singapore's export sector maintains a strong 7.4% growth trajectory, driven by high-value electronics like smart cards ($117.27B) and energy products. China remains the dominant trade partner with a 20.05% share, but significant momentum is shifting toward ASEAN markets. Malaysia and Thailand are the fastest-growing destinations, with growth rates of 17.7% and 15.9% respectively. Investors should note the strategic shift toward regional integration and the continued reliance on high-tech manufacturing and refined petroleum as core economic pillars.

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Top 10 Exported Products

AI Insight

In 2024, smart cards emerged as the leading export product, valued at $117.27 billion. This is followed by petroleum ether at $54.56 billion and industrial robots at $23.97 billion. The data indicates a heavy concentration in high-tech electronics and energy sectors, which together drive the bulk of the nation's export revenue.

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Leading Destination Countries

United States: 12.67%Indonesia: 11.13%Thailand: 6.29%Vietnam: 4.93%Republic of Korea: 5.97%India: 4.29%China: 20.05%Malaysia: 14.96%Japan: 4.93%
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China

20.05%
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Malaysia

14.96%
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Hong Kong

14.78%
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United States

12.67%
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Indonesia

11.13%
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Thailand

6.29%
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Korea, South

5.97%
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Japan

4.93%
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Vietnam

4.93%
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India

4.29%
AI Insight

China is the top export destination, capturing 20.05% of the market share ($69.34 billion). Malaysia and Hong Kong follow with 14.96% and 14.78% respectively. These figures highlight the critical importance of intra-Asian trade, with the top three regional partners accounting for nearly 50% of total exports.

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Export Growth Performance

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7.4%Annual Growth
AI Insight

The market experienced a healthy growth rate of 7.4% in 2024. This consistent upward trend reflects strong global demand and a competitive trade position, signaling a positive economic outlook for the export sector.

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Emerging Supply Markets

AI Insight

Malaysia leads emerging growth with a 17.7% increase, followed by Thailand at 15.9%. Indonesia also shows strong momentum at 11.28%. These high growth rates among ASEAN neighbors suggest shifting supply chains and expanding regional trade integration.

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Singapore Export Requirements

Before Shipment
Importers must obtain a UEN and register with Singapore Customs. Apply for an import permit via TradeNet before arrival. Secure specific licenses for controlled goods from Competent Authorities. Ensure compliance with labelling and technical standards for all products.
Documentation Required
Essential documents include the Commercial Invoice, Bill of Lading or Air Waybill, and Packing List. An approved Customs Import Permit is mandatory for all shipments. Certificates of Origin or specific health certificates are required for preferential rates or regulated goods.

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Singapore free trade agreements and preferential access markets.

Check FTA eligibility for your products: Singapore trade agreements, qualification criteria, and documentation.

Explore FTAs
  • CPTPP
  • RCEP
  • United States-Singapore FTA (USSFTA)
  • European Union-Singapore FTA (EUSFTA)
  • ASEAN Trade in Goods Agreement (ATIGA)
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Market Opportunities

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Singapore Major Exports: Destinations & Market Analysis 2026