China / Singapore

Overview In October 2024, China exported $5.71B and imported $2.54B from Singapore, resulting in a positive trade balance of $3.17B. Between October 2023 and October 2024 the exports of China have increased by $356M (6.65%) from $5.35B to $5.71B, while imports decreased by $-345M (-12%) from $2.88B to $2.54B.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Guangdong Province ($1.1B), Jiangsu Province ($768M), Zhejiang Province ($728M), Shanghai Province ($588M), and Shandong Province ($554M), while imports destinations were mainly Shanghai Province ($655M), Jiangsu Province ($549M), Guangdong Province ($519M), Beijing ($188M), and Zhejiang Province ($170M).

Growth In October 2024, the increase in China's year-by-year exports to Singapore was explained primarily by an increase in product exports in Special Purpose Ships ($917M or 1.19k%), Refined Petroleum ($541M or 122%), and Telephones ($318M or 126%). In October 2024, the decrease in China's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Machines and apparatus of a kind... ($-303M or -51.2%), Integrated Circuits ($-188M or -31.2%), and Cyclic Hydrocarbons ($-82.3M or -45.6%).