China / Singapore

Overview In February 2024, China exported $4.93B and imported $2.09B from Singapore, resulting in a positive trade balance of $2.84B. Between February 2023 and February 2024 the exports of China have decreased by $-1.69B (-25.5%) from $6.62B to $4.93B, while imports decreased by $-180M (-7.94%) from $2.27B to $2.09B.

Trade In February 2024, the top exports of China to Singapore were Special Purpose Ships ($994M), Refined Petroleum ($986M), Telephones ($571M), Passenger and Cargo Ships ($406M), and Commodities not elsewhere specified ($396M). In February 2024 the top imports of China from Singapore were Integrated Circuits ($414M), Machines and apparatus of a kind... ($289M), Gold ($241M), Ethylene Polymers ($125M), and Crude Petroleum ($112M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($1.08B), Fujian Province ($669M), Jiangsu Province ($620M), Shanghai Province ($583M), and Beijing ($483M), while imports destinations were mainly Shanghai Province ($700M), Guangdong Province ($374M), Jiangsu Province ($333M), Beijing ($138M), and Zhejiang Province ($108M).

Growth In February 2024, the decrease in China's year-by-year exports to Singapore was explained primarily by an decrease in product exports in Computers ($-91.1M or -29.2%), Integrated Circuits ($-84M or -19.8%), and Machines and apparatus of a kind... ($-28.8M or -41.7%). In February 2024, the decrease in China's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Machines and apparatus of a kind... ($-303M or -51.2%), Integrated Circuits ($-188M or -31.2%), and Cyclic Hydrocarbons ($-82.3M or -45.6%).