Overview: In 2018 Singapore was the number 33 economy in the world in terms of GDP (current US$), the number 17 in total exports, the number 16 in total imports, and the number 6 most complex economy according to the Economic Complexity Index (ECI). In 2018, Singapore exported $323B and imported $323B, resulting in a negative trade balance of -$679M. In 2018, Singapore's exports per capita were $57.2k and its imports per capita were $57.3k.
Trade: The top exports of Singapore are Integrated Circuits ($61B), Refined Petroleum ($52.4B), Gold ($10.1B), Packaged Medicaments ($8.26B), and Gas Turbines ($7.96B). The top imports of Singapore are Refined Petroleum ($48B), Integrated Circuits ($46.3B), Crude Petroleum ($25.8B), Gold ($10.1B), and Office Machine Parts ($7.11B).
Destinations: Singapore exports mostly to China ($44.3B), Hong Kong ($41.5B), Malaysia ($32.3B), Indonesia ($24.8B), and United States ($24.6B), and imports mostly from China ($47.2B), Malaysia ($36.8B), United States ($28.9B), Chinese Taipei ($22B), and Japan ($17.8B).
Location: Singapore borders Indonesia and Malaysia by sea.