USA vs Singapore: 2023 Trade Comparison

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

USAMetricSingapore
$1.90TTotal exports$340.40B
$2.98TTotal imports$408.95B
$-1.08TTrade balance$-68.55B
$4.87TTotal trade volume$749.35B
#2Global export rank#24
#1Global import rank#16

Direct trade between USA and Singapore

USASingapore
$42.52B
SingaporeUSA
$32.53B

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

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

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

ChinaRep. of KoreaJapan