Goods imports:
~US$ 550 billion per year (world top 13)
Singapore
Singapore — Global Import Market
Singapore is one of the world's largest importers, bringing in roughly US$ 550 billion in goods each year. As a leading trade and logistics hub, it imports large volumes of electronics, machinery, energy, and chemicals, with a major re-export role across Southeast Asia.
Market overview — imports by volume
Global share of imports:
~2%
Import reliance:
very high, with a strong re-export role
Notable:
one of the world's most open and business-friendly trade hubs
Top 10 imported items by value
1. Electrical machinery & electronics
2. Machinery & mechanical appliances
3. Crude oil & mineral fuels
4. Chemical products
5. Data-processing & IT equipment
6. Pharmaceuticals & medical products
7. Food & beverages
8. Plastics & articles
9. Precision & measuring instruments
10. Motor vehicles & parts
What this means for Canadian exporters
Singapore is a strategic gateway to Southeast Asia for Canadian exporters of electronics, food, and high-value goods. As a hub under Canada's trade engagement with the ASEAN region, it offers low barriers, strong infrastructure, and a springboard to the wider CPTPP-partner market network.