Your question: What products are imported into Singapore?

What products are imported to Singapore?

Singapore’s Top Commodity Imports

Commodity Amount (Annually)
Oil & Mineral Fuels $87.8 billion
Precious Stones & Metals $20.3 billion
Iron & Steel $2.9 billion
Aluminum $1.2 billion

What is the most imported products in Singapore?

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 do we export to Singapore?

U.S. exports to Singapore account for 2% of overall U.S. exports in 2019. 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).

What products are in high demand in Singapore?

Top eCommerce Product Categories in Singapore

Consumer electronics. Fashion and beauty. Toys, DIY, and hobbies. Personal care.

What is the main product of Singapore?

Economy of Singapore

Statistics
Unemployment 2.6% (2021 est.)
Main industries Electronics chemicals financial services oil-drilling equipment petroleum refining biomedical products scientific instruments telecommunications equipment rubber food and beverages ship repair offshore construction life sciences re-exportation
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What products are made in Singapore?

20 Made-in-Singapore Brands – How Many Do You Recognise?

  • RISIS Orchids. Real flowers, forever preserved in gold. …
  • Perfumes of Singapore. Singapore’s very own perfumery. …
  • Rollei Cameras. …
  • Axe Brand Universal Oils. …
  • Three Legs Cooling Water. …
  • Khong Guan Biscuits. …
  • Tiger Balm. …
  • Tiger Beer.

Where does Singapore import oil from?

Over two-thirds of Singapore’s crude oil imports come from the United Arab Emirates, Qatar, Saudi Arabia, and Kuwait. Singapore’s three refineries have a combined crude oil refining capacity of 1.3 million barrels per day (b/d), according to January 2021 estimates from the Oil & Gas Journal (OGJ).

How much is import duty in Singapore?

Usually, all goods in Singapore, including all imports, are subject to a 7% GST. However, there are exceptions, such as if goods are transiting in a free trade zone or the total value is less than SG$400.

What are the major imports and exports in Singapore?

Singapore Exports and Imports of Product Groups 2019

  • Singapore Raw materials exports are worth US$ 3,675 million, product share of 0.94%.
  • Singapore Raw materials imports are worth US$ 32,971 million, product share of 9.18%.
  • Singapore Intermediate goods exports are worth US$ 70,780 million, product share of 18.13%.

What is the best product in Singapore?

10 Best Things to Buy in Singapore – The Ultimate List of Souvenirs

  1. Miniature Merlion Souvenirs. The Merlion is considered a symbol of Singapore (Source) …
  2. Orchid Perfumes. …
  3. Asian Artefacts. …
  4. Bak-Kwa (BBQ Meat) …
  5. Ya-Kun Kaya Spread (Coconut Jam) …
  6. Singapore Pressed Pennies. …
  7. Tiger Balm Products. …
  8. Laksa Paste.
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