Singapore vs China: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

SingaporeMetricChina
$340.40BTotal exports$3.41T
$408.95BTotal imports$2.13T
$-68.55BTrade balance$1.29T
$749.35BTotal trade volume$5.54T
#24Global export rank#1
#16Global import rank#2

Direct trade between Singapore and China

SingaporeChina
$41.13B
ChinaSingapore
$65.13B

Singapore top exports

  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$59.01B
  • processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$28.78B
  • n.e.c. in heading no. 8542$22.11B
  • Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits$11.41B
  • memories$10.55B

China top exports

  • Telephones for cellular networks or for other wireless networks$223.55B
  • portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$118.95B
  • lithium-ion, including separators, whether or not rectangular (including square)$69.67B
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$65.42B
  • memories$49.99B

Shared top trade partners

Both countries appear as major export destinations for 5 of the same partners:

USAChina, Hong Kong SARJapanRep. of KoreaViet Nam