Overview: In 2018 Singapore was the number 36 economy in the world in terms of GDP (constant 2011 international USD), 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.