United States-Singapore In 2022, United States exported $41.4B to Singapore. The main products that United States exported to Singapore are Crude Petroleum ($9.57B), Machinery Having Individual Functions ($2.87B), and Gold ($1.82B). During the last 27 years the exports of United States to Singapore have increased at an annualized rate of 3.57%, from $16B in 1995 to $41.4B 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.
Singapore-United States In 2022, Singapore exported $28.9B 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). During the last 27 years the exports of Singapore to United States have increased at an annualized rate of 1.54%, from $19.1B in 1995 to $28.9B 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.
Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).
COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (615), GOPLUS CORP (610), and HP INC (537) were at the forefront of exporting goods from Singapore to the United States. Conversely, GENERAL TOYS COMPANY LIMITED (443), KARNAPHULI SHOES INDS. LTD (300), and ASAHI KASEI SYNTHETIC RUBBER SINGAP (239) were notable for importing Singapore products to the United States.