Overview In July 2021 United States exported $3.29B and imported $2.5B from Singapore, resulting in a positive trade balance of $788M. Between July 2020 and July 2021 the exports of United States have increased by $1.42B (76.3%) from $1.86B to $3.29B, while imports decreased by $-845M (-25.3%) from $3.34B to $2.5B.
Trade In July 2021, the top exports of United States to Singapore were Aircraft Parts ($434M), Crude Petroleum ($269M), Refined Petroleum ($212M), Machines and apparatus of a kind... ($201M), and Petroleum Gas ($169M). In July 2021 the top imports of United States from Singapore were Packaged Medicaments ($320M), Other Edible Preparations ($305M), Commodities not elsewhere specified ($253M), Blood, antisera, vaccines, toxins and cultures ($177M), and Hormones ($154M).
Origins In July 2021 the exports of United States were mainly from Texas ($820M), California ($508M), Georgia ($223M), New York ($214M), and Tennessee ($114M), while imports destinations were mainly California ($415M), Georgia ($394M), Illinois ($265M), Kentucky ($215M), and North Carolina ($214M).
Growth In July 2021, the increase in United States's year-by-year exports to Singapore was explained primarily by an increase in product exports in Crude Petroleum ($230M or 592%), Aircraft Parts ($169M or 63.6%), and Refined Petroleum ($151M or 248%). In July 2021, the decrease in United States's year-by-year imports from Singapore was explained primarily by an decrease in product imports in Other Precious Metal Products ($-1.12B or -99.9%), Gold ($-354M or -99.7%), and Gas Turbines ($-110M or -74.5%).