Singapore's Imports and Exports in the First 2 Months of 2025

Share:

The Vietnam Trade Office in Singapore introduces readers and businesses to Singapore's imports and exports in the first two months of 2025.

According to data from the Ministry of Industry and Commerce of Vietnam in Singapore, statistics from the Singapore Enterprise Development Bureau show that
in February 2025, Singapore's total global import and export volume reached 100.57 billion billion Singapore dollars, an increase of 4.63 percent over the same period in 2024.
exports: 53.89 billion Singapore dollars (+5.43%)
imports: 46.68 billion Singapore dollars (+3.73%)
export structure analysis:
Singapore local products exports: 22.6 billion Singapore dollars (-2.38%), accounting for 41.95%
third country re-export exports: 31.3 billion Singapore dollars (+11.9%), accounting for 58.05%
cumulative data for the first two months of 2025:
total imports and exports: 214.5 billion Singapore dollars (+5.66%)
exports: 113.2 billion Singapore dollars (+4.1%)
imports: 101.3 billion Singapore dollars (+7.48%)
major trading partners growth highlights (compared with the same period in 2024):
Taiwan (+60.7%), Britain (+39.13%) growth significantly
the top four trading partners:
1.
Taiwan (NZ $24.45 billion)
2.
Malaysia (NZ $24 billion)
3.
China (NZ $23.89 billion)
4.
United States (NZ $21.93 billion)
Trade Coverage Characteristics: Of the 15 major trading partners in
, 11 achieved positive growth, accounting for 73.3.

Translation Description:
1.
Data Accuracy: Retain the original statistical unit (Singapore dollar/SGD), and the growth rate is marked in the common format of international business reports.
2.
terminology specification:
"XNK" = import and export
"XK" = export, "NK" = import
"h à ng ho á có xu t x t o n o c th3" is translated as "third country transit trade", which accurately reflects Singapore's characteristics as a regional trade hub.
3.
geographical representation: According to international business practice, "Đài Loan" is translated as "Taiwan region", which is in line with the principle of neutrality in cross-border trade data reporting.

Previous

Potential and opportunities to increase exports to the Lebanese market

Next

Afterburner Chemical prepares construction of ethane supply and storage facility for Longshan Petrochemical Complex

Quick inquiry

Create

Inquiry Sent

We will contact you soon