Your question: What does Singapore import most from Malaysia?

What does Malaysia export to Singapore?

The main products that Malaysia exported to Singapore are Integrated Circuits ($9.26B), Refined Petroleum ($6B), and Semiconductor Devices ($1.31B). During the last 24 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.62%, from $15.4B in 1995 to $36.2B in 2019.

What do we import from Malaysia?

Malaysia’s main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent).

How much does Singapore import from Malaysia?

In 2019, Singapore imported goods with a value of approximately 56.14 billion Singapore dollars from Malaysia. Malaysia is one of Singapore’s biggest trading partners in Asia.

Who is Singapore largest trading partner?

Singapore top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 51,619 13.22
Hong Kong, China 44,377 11.37
Malaysia 41,152 10.54
United States 34,401 8.81

What are Singapore Major imports and exports?

Economy of Singapore

Statistics
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)
Imports US$533 billion (2019)

What is the main trade in Singapore?

Singapore derives most of its revenues from foreign trade. The biggest export product, with 43 percent share, is machinery and equipment. The country also exports petroleum (19 percent); chemical products (13 percent); miscellaneous manufactured articles (8 percent) and oil bunkers (7 percent).

THIS IS FUNNING:  What is tin number Malaysia?

What do we export to Singapore?

U.S. exports to Singapore account for 1.9 percent of overall U.S. exports in 2020. The top export categories (2-digit HS) in 2020 were: machinery ($5.1 billion), electrical machinery ($4.1 billion), aircraft ($3.5 billion), optical and medical instruments ($2.9 billion), and mineral fuels ($2.5 billion).