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WTO Tariff & Trade Data

Singapore

All products

Applied tariffs

Simple average MFN applied 2025
* 0.0 %
Trade-weighted MFN average 2024
* 0.0 %
Share of MFN duty-free 2025
100.0 %

Source of data: WTO IDB, Trade Data Monitor

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
6.8 %
Binding coverage
70.8 %
Share of bound duty-free
24.2 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 458,686.1 million USD in 2024

Imports by partner

Chinese Taipei
13.8 % 63,129.4 million USD
China
12.4 % 56,672.9 million USD
United States of America
12.2 % 55,831.1 million USD
Malaysia
11.2 % 51,537.6 million USD
European Union
9.7 % 44,677.2 million USD
Korea, Republic of
6.3 % 28,727.7 million USD
Japan
4.8 % 22,238.7 million USD
Indonesia
3.4 % 15,677.2 million USD
United Arab Emirates
2.8 % 12,872.7 million USD
Thailand
2.5 % 11,368.2 million USD
Rest of the World
20.9 % 95,953.4 million USD

Source of data: Trade Data Monitor

Imports by products HS 2022

854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
10.4 % 47,696.3 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
7.0 % 32,332.6 million USD
854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
6.6 % 30,205.9 million USD
270900 Petroleum oils and oils obtained from bituminous minerals, crude
5.9 % 27,195.0 million USD
271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.4 % 20,337.3 million USD
710813 Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
3.3 % 15,181.4 million USD
854232 Electronic integrated circuits as memories
2.9 % 13,312.4 million USD
841191 Parts of turbojets or turbopropellers, n.e.s.
2.7 % 12,520.1 million USD
841112 Turbojets of a thrust > 25 kN
2.1 % 9,763.4 million USD
847150 Processing units for automatic data-processing machines, whether or not containing in the same housing one or two of the following types of unit: storage units, input units, output units (excl. those of heading 8471.41 or 8471.49 and excl. peripheral units)
1.8 % 8,041.0 million USD
Rest of the products
52.8 % 242,100.9 million USD

Source of data: Trade Data Monitor

Exports

Total exports: 505,657.7 million USD in 2024

Exports by destination

China
14.0 % 70,702.0 million USD
Hong Kong, China
11.0 % 55,422.9 million USD
Malaysia
10.4 % 52,463.7 million USD
United States of America
8.5 % 43,171.4 million USD
Indonesia
7.9 % 39,886.1 million USD
European Union
6.1 % 30,993.6 million USD
Chinese Taipei
4.8 % 24,428.8 million USD
Thailand
4.3 % 21,929.2 million USD
Korea, Republic of
4.2 % 21,304.8 million USD
Japan
3.5 % 17,766.2 million USD
Rest of the World
25.2 % 127,589.0 million USD

Source of data: Trade Data Monitor

Exports by products HS 2022

854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
11.5 % 58,002.3 million USD
999999 Unspecified products
6.8 % 34,549.5 million USD
854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
6.7 % 34,063.9 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
5.8 % 29,567.1 million USD
271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.9 % 24,943.0 million USD
854232 Electronic integrated circuits as memories
4.3 % 21,578.0 million USD
848620 Machines and apparatus for the manufacture of semiconductor devices or of electronic integrated circuits
3.6 % 18,108.1 million USD
710813 Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
3.0 % 14,930.9 million USD
841112 Turbojets of a thrust > 25 kN
1.6 % 8,257.8 million USD
841191 Parts of turbojets or turbopropellers, n.e.s.
1.6 % 8,163.0 million USD
Rest of the products
50.1 % 253,494.0 million USD

Source of data: Trade Data Monitor

Preferential regimes provided by Singapore

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Singapore as a beneficiary based on other economies reported preferential regimes

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