You asked: What are the products of Singapore?

What are the main products of Singapore?

Economy of Singapore

Statistics
Exports US$626 billion (2020)
Export goods Machinery and equipment Electronics and telecommunications Pharmaceuticals and other chemicals Refined petroleum products Chemical products
Main export partners Hong Kong 13.67% China 11.21% Malaysia 9.43% United States 8.45% Indonesia 7.72% (2018)

What are the top 5 exports of Singapore?

The top export categories (2-digit HS) in 2019 were: aircraft ($6.1 billion), machinery ($5.3 billion), electrical machinery ($4.1 billion), optical and medical instruments ($3.1 billion), and mineral fuels ($2.9 billion). U.S. total exports of agricultural products to Singapore totaled $991 million in 2019.

What food does Singapore export?

Top exports of processed foods to Singapore in 2020 included:

  • Fats And Oils.
  • Food Preparations & Ingredients.
  • Processed/Prepared Dairy Products.
  • Processed Vegetables & Pulses.
  • Snack Foods.
  • Alcoholic Beverages.
  • Chocolate And Confectionery.

Is Singapore richer than Dubai?

Singapore has a GDP per capita of $94,100 as of 2017, while in United Arab Emirates, the GDP per capita is $68,600 as of 2017.

What country owns Singapore?

Singapore became part of Malaysia on 16 September 1963 following a merger with Malaya, Sabah, and Sarawak.

Why is Singapore so expensive?

Singapore’s land is a prized commodity. As a result of a growing population, the demand for property has been increasing, yet the supply is limited, causing property (and rental) prices to go up. The median price of an HDB flat is S$495,000, while a private condominium costs S$1,467,778.

Who is Singapore biggest trading partner?

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.

What does Singapore import the most?

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $98,117,896,419
(27) Oil & Mineral Fuels $75,266,877,960
(84) Industrial Machinery $58,313,155,850
(71) Precious Stones & Metals $18,864,689,547

What is Hong Kong’s biggest export?

Hong Kong has an export oriented economy with 99 percent of shipments coming from re-exports. Major exports are electrical machinery, apparatus and appliances which accounts for 36 percent of total shipments.

What does Singapore export to Japan?

The main products that Singapore exported to Japan were Integrated Circuits ($1.03B), Packaged Medicaments ($982M), and Gas Turbines ($933M). During the last 24 years the exports of Singapore to Japan have increased at an annualized rate of 1.57%, from $7.44B in 1995 to $10.8B in 2019.

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