Best answer: Who are Singapore’s top trading partners?

Who are Singapore’s biggest trading partners?

In 2020, Mainland China, Malaysia and the US were Singapore’s top trading partners. Singapore’s exports to Mainland China and the US exceeded Singapore’s imports from these trading partners, while Singapore’s imports from Malaysia exceeded exports to Malaysia. Made up 78.6% of non-oil domestic exports.

Who are our top 5 trading partners?

The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.

Who is the top trading partner?

The trade surplus in services trade is US$70 billion in the year 2017-18. Counting the European Union as one, the WTO ranks India fifth for commercial services exports and sixth for commercial services imports.

Largest trading partners with India.

Rank 1
Country United States
Exports 57.7
Imports 34.3
Total Trade 92.0

Who are trading partners?

Meaning of trading partner in English

a region or country that another region or country buys goods from or sells goods to: The United States is Vietnam’s largest trading partner.

Which country does Singapore export to?

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

Who is USA’s biggest trading partner?

Year-to-Date Total Trade

Rank Country Total Trade
Total, All Countries 2,558.7
Total, Top 15 Countries 1,922.0
1 Mexico 375.5
2 Canada 372.8

What is America’s biggest import?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.
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