Singapore / United States

Singapore-United States Trade: In 2022, Singapore exported $20.6B to United States. The main products that Singapore exported to United States were Other Edible Preparations ($4.06B), Vaccines, blood, antisera, toxins and cultures ($2.49B), and Refined Petroleum ($1.89B). Over the past 5 years the exports of Singapore to United States have increased at an annualized rate of 1.53%, from $19.1B in 2017 to $20.6B in 2022.

In 2015, Singapore exported services to United States worth $13.2B, with Transportation ($6.93B), Other business services ($5.87B), and Insurance services ($156M) being the largest in terms of value.

United States-Singapore Trade: In 2022, United States exported $28.8B to Singapore. The main products that United States exported to Singapore were Crude Petroleum ($9.57B), Machinery Having Individual Functions ($2.87B), and Gold ($1.82B). Over the past 5 years the exports of United States to Singapore have increased at an annualized rate of 12.4%,  from $16B in 2017 to $28.8B in 2022.

In 2017, United States exported services to Singapore worth $21.6B, with Other business services ($12.5B), Royalties and license fees ($2.98B), and Financial services ($2.9B) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).