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Top 10 Trading Partners of Singapore in 2025: A Detailed Overview

21-Aug-2025

Top 10 Trading Partners of Singapore

Key Highlights:

  • The top Singapore trading partners in 2025 include China, Hong Kong, Malaysia, the United States, Indonesia, Taiwan, Thailand, and South Korea.
  • Based on Singapore trade data,  Singapore's exports totalled SGD 44.2B, while imports were at SGD 36.7B, resulting in a trade surplus of SGD 7.57B.
  • The top export companies in Singapore are Toyota Motor Asia Pacific Pte Ltd, DHL Express Singapore Pte Ltd, Element14 Pte Ltd Warehouse, Pepperl+Fuchs Asia Pte Ltd and Schneider Electric Asia Pte Ltd.

Singapore's strategic location, cutting-edge infrastructure, and open trade policies have made it one of the world's most active trading hubs for a long time. The country maintains strong economic ties with major international economies in 2025, further solidifying its position.

In addition to highlighting Singapore's position in global trade, its top trading partners also highlight important industries that propel both countries' development, such as consumer goods, energy, and technology. In this blog, we will explore the top Singapore trading partners in 2025 with updated Singapore trade data, Singapore export import data, a list of export companies, and their case studies.

Singapore Trade Data: 2024-25

According to Singapore trade data, the country's exports and imports in June 2025 were SGD 44.2B and SGD 36.7B, respectively, leaving a trade surplus of SGD 7.57B.

Singapore's imports fell 2.57% (SGD 967M) and its exports rose 8.03% (SGD 3.29B) year over year.

Singapore Import and Export Data (June 2025)

Taking a look at the Singapore trade data table below:

Singapore export import data

Singapore Trade Data

Overall Trade Balance

Positive (Exports > Imports)

Singapore export data

SGD 44.2 billion (up 8.03% year-on-year)

Singapore import data

SGD 36.7 billion (down 2.57% year-on-year)

Top Exports

Electrical Machinery, Office Machines, Petroleum Products, Oil Bunkers, Telecommunications Equipment

Top Imports

Electrical Machinery, Petroleum Products, Office Machines, Telecommunications Equipment, Miscellaneous Manufactured Articles

Largest trading partner of Singapore

China, Hong Kong, United States, Malaysia, Indonesia, South Korea


Singapore Trade Statistics by Year

These are the Singapore trade statistics by year.

Singapore export import data

Singapore trade statistics 2023

2024

2025 (Forecast)

Total Exports (US$ Billion)

$475 billion

$504 billion

$520 billion

Non-Oil Domestic Exports (NODX) Growth

-13.1%

+0.2%

+1% to +3%

Electronics Export Growth

+8.2%

+18.6% (Dec)

Moderate Growth

Non-Electronics Export Growth

-1.6%

+6.6% (Dec)

Stable

Now, explore Singapore's top trading partners

List of Top Singapore Trading Partners in 2025

Here is the list of major Singapore trading partners in 2025:

  • China
  • Hong Kong
  • Malaysia
  • United States
  • Indonesia
  • Taiwan
  • Thailand
  • South Korea
  • Japan
  • Vietnam

List of Top Singapore trading partners

Now, analyse the table for major Singapore trading partners or Singapore's top trading partners:

Rank

Singapore trading partners

Singapore Trade Data (US$)

% of Total Exports

1

China

$70.7 billion

14%

2

Hong Kong

$55.3 billion

10.90%

3

Malaysia

$52.4 billion

10.40%

4

United States

$44 billion

8.70%

5

Indonesia

$39.8 billion

7.90%

6

Taiwan

$24.3 billion

4.80%

7

Thailand

$21.9 billion

4.30%

8

South Korea

$21.3 billion

4.20%

9

Japan

$17.8 billion

3.50%

10

Vietnam

$17.3 billion

3.40%

 

  • China (The largest trading partner of Singapore): China remains Singapore’s largest trading partner, with strong ties in electronics, machinery, petrochemicals, and financial services. Bilateral initiatives like the China-Singapore Free Trade Agreement and Belt & Road projects further strengthen this relationship. Singapore also plays a key role as a gateway for Chinese companies expanding into Southeast Asia.
     
  • Hong Kong: As a major financial hub, Hong Kong is a critical partner for Singapore in re-exports, finance, and logistics. Both economies benefit from strong trade in electronics, precious metals, and services. Their shared status as global trade centres creates a natural synergy for business connectivity.
     
  • Malaysia: Geographical proximity makes Malaysia one of Singapore’s closest and most reliable trading partners. Key sectors include refined petroleum, chemicals, food products, and machinery. Cross-border infrastructure projects and supply chain integration enhance their economic interdependence.
     
  • United StatesThe U.S. is a vital partner for Singapore in high-value sectors such as electronics, aerospace, pharmaceuticals, and financial services. Both countries are part of significant trade frameworks like the Indo-Pacific Economic Initiative. Singapore acts as a regional hub for American companies investing in Asia.
     
  • IndonesiaIndonesia and Singapore share strong economic ties, with key exchanges in natural resources, energy, and consumer goods. Singapore is also a top investor in Indonesia, supporting infrastructure and technology-driven projects. Their partnership is vital for regional growth within ASEAN.
     
  • TaiwanTaiwan is a major source of semiconductors, electronics, and precision machinery for Singapore. In return, Singapore provides refined petroleum, chemicals, and re-export services. This relationship is driven by high-tech industries, fueling both economies’ innovation agendas.
     
  • ThailandSingapore’s trade with Thailand is centred on petrochemicals, food products, automobiles, and electronics. Both countries also cooperate actively within the ASEAN framework. This partnership supports supply chain resilience across Southeast Asia.
     
  • South KoreaSouth Korea and Singapore trade heavily in electronics, petrochemicals, and consumer goods. Additionally, both nations collaborate in advanced technology, green energy, and digital innovation. Their partnership is strengthening with new economic and investment agreements.
     
  • JapanJapan is a long-standing partner for Singapore, with trade focused on machinery, electronics, automobiles, and chemicals. Beyond trade, both nations work closely in finance, innovation, and sustainable energy. Japan’s technological strength complements Singapore’s role as a global hub.
     
  • VietnamVietnam is one of Singapore’s fastest-growing trading partners, particularly in electronics, textiles, agricultural goods, and machinery. Singapore is also a leading investor in Vietnam, contributing to its industrial parks and infrastructure. This relationship reflects Vietnam’s rising role in ASEAN trade networks.

 

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So, these are the major trading partners of Singapore. Now, analyse the list of export companies in Singapore

List of the Leading Export Companies in Singapore

Below are the major export companies in Singapore:

Rank

Company Name

Approx. Export Value 2024

Major Export Markets

Key Export Products

1

Toyota Motor Asia Pacific Pte Ltd

$12.5 billion

China, Malaysia, Indonesia

Motor vehicles, automotive parts

2

DHL Express Singapore Pte Ltd

$11.8 billion

United States, Germany, Australia

Express parcels, logistics services

3

Element14 Pte Ltd Warehouse

$10.2 billion

India, Vietnam, Thailand

Electronic components, semiconductors

4

Pepperl+Fuchs Asia Pte Ltd

$9.7 billion

Germany, Japan, South Korea

Sensors, industrial automation equipment

5

Schneider Electric Asia Pte Ltd

$9.3 billion

France, the United Kingdom, and Australia

Electrical distribution systems, automation


These are Singapore's primary exporters, offering everything from copper to crude oil. These lists of Singaporean export businesses contribute to the globalisation of Singaporean exports in general. Moreover, visit Exportimportdata to explore Singapore export data, the major Singapore trading partners list, Singapore export import data, Singapore trade data, list of HS code and much more. 

Also Discover: List of Singapore's Main Exports

Case Study: Identifying Singapore's Top Trading Partners in 2025


Context

Liam Chen, a 35-year-old Senior Investment Strategist at a Hong Kong-based private equity firm, was evaluating Singapore’s trade relationships to guide investment strategies for his firm’s Asia-Pacific portfolio. He wants to know which countries were Singapore’s most critical trading partners in 2025 to identify sectors and regions with Singapore export data, Singapore trade statistics and export companies.

The Problem

  • Liam had three core challenges:
    • Limited Visibility: Public reports provided only general information, often lagging behind current trade activity.
    • Investment Risk: Without verified Singapore export import data, it was difficult to recommend high-confidence market entry points.
  • Need for Precision: His firm required country-wise trade breakdowns (exports & imports) and accurate Singapore trade statistics.

Relying on incomplete Singapore export data would weaken his investment recommendations and potentially cause the firm to miss out on lucrative opportunities.

The Solution

To solve this, Liam used the ExportImportData portal, which gave him access to:

  • Real-time Singapore trading partners or Singapore trade data (2025), segmented by export and import flows.
  • Country-wise trade partner rankings with Singapore import and export data, trade volumes and values.
  • Historical vs. current trend analysis to forecast stable vs. emerging partnerships.

Moreover, Singapore trade statistics allowed him to evaluate Singapore’s global trading network with both accuracy and speed.

Key Singapore Trade Data

The data revealed Singapore’s Top 10 Trading Partners in 2025:

  • China
  • United States
  • Malaysia
  • Indonesia
  • Japan
  • Hong Kong
  • South Korea
  • Vietnam
  • India
  • Germany

He also discovered that:

  • China and the US remained dominant, driving high-value electronics and energy trade.
  • Regional partners like Malaysia, Indonesia, and Vietnam continued to strengthen their positions due to integrated supply chains.
  • Germany and India showed growth in machinery and pharmaceutical trade with Singapore, creating future investment potential.

Access Country-Wise Trade Flow Insights Instantly – Watch the Demo

How can I find the Most Recent Singapore Shipment Data?

Visit ExportImportData.in to view the most recent and authentic Singapore export data.

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Our prominent platform provides accurate, real-time Singapore exports and imports statistics, Singapore trade data, including shipment details, Singapore trade partners, and market insights for Singapore's main exports & imports, helping businesses make informed decisions.

Final Words!

Therefore, Singapore's top 10 trading partners for 2025 highlight the city-state's excellent global connectivity and flexibility in a trade environment that is changing quickly. Singapore's position as a gateway to Asia and beyond is secured by these economic ties, which extend beyond the trade of goods and include investments, innovations, and strategic partnerships.

With the help of ExportImportData's real-time trade partner analysis, Liam was able to transform disparate Singapore import and export data into an understandable and feasible investment roadmap for Singapore's trade-related industries. To book a free live demo, connect today.

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Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.

Frequently Asked Questions

  • What are the main imports and exports of Singapore?

    Singapore's main imports are Machinery and transport equipment, crude petroleum and chemicals, while the major export products are electronics, refined petroleum products and machinery & equipment.

  • Which country does Singapore trade with the most?

    Singapore trades the most with China, which serves as its largest trading partner for both imports and exports.

  • Who is Singapore's largest importer?

    As per Singapore import data, the largest Singapore importer is China, followed by the United States and Malaysia.

  • What is Singapore's greatest export?

    Singapore's greatest export is electrical and electronic equipment, a category that includes integrated circuits, which account for a significant portion of the nation's export value.

  • What does India trade with Singapore?

    As per Singapore trade data, India trades significant amounts of agricultural products, including rice, spices, and manufactured goods, to Singapore.

  • Who is Singapore's biggest trading partner?

    Based on Singapore's trade data, Singapore’s biggest trading partner is China, with the trade value of $70.7 billion.

  • What is the main trade in Singapore?

    The leading export category for Singapore is electrical machinery and equipment, accounting for a staggering $175.74 billion or 34.81% of total exports.

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