That dollar amount results from a 23.7% increase from five years earlier in 2021 when Singaporean exports totaled $457.7 billion.
Year over year, the total value of Singapore’s exports accelerated by 12.1% compared to $504.9 billion for 2024.
Based on the average exchange rate for 2025, the Singapore dollar appreciated by 2.2% against the US dollar from 2024 to 2025. Singapore’s stronger local currency makes its exports paid for in weaker US dollars relatively more expensive for international buyers starting with American currency.
Major Countries Buying Products Exported from Singapore
The latest available country-specific data shows that 78.9% of products exported from Singapore was bought by importers in: Hong Kong (11.1% of the Singaporean total), mainland China (10.9%), Malaysia (9.9%), United States of America (9.6%), Taiwan (8.7%), Indonesia (6.8%), Thailand (4.7%), South Korea (4%), Vietnam (3.6%), India (3.3%), Japan (3.1%) and Australia (3%).
From a continental perspective, 72.6% of Singapore exports by value was delivered to fellow Asian countries while 11.2% was sold to importers in North America. Singapore shipped another 8.4% worth of goods to buyers in Europe.
Smaller percentages went to customers in Oceania led by Australia, Marshall Islands and New Zealand (4.7%), Latin America excluding Mexico but including the Caribbean (1.58%) then Africa (1.54%).
Given Singapore’s population of 6.1 million people, its total US$566.1 billion in 2025 exports translates to $93,150 for every resident in the exports-dependent nation. That dollar metric outpaces the average $85,000 per capita in 2024.
Another outstanding feature is that Singapore is a busy trading hub which attracts a high degree of re-exporting activity with its trading partners.
Singapore’s Top 10 Exports
The following export product groups represent the highest dollar value in Singaporean global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from Singapore.
- Electrical machinery, equipment: US$206.1 billion (36.4% of total exports)
- Machinery including computers: $126.8 billion (22.4%)
- Mineral fuels including oil: $53.3 billion (9.4%)
- Optical, technical, medical apparatus: $26.6 billion (4.7%)
- Gems, precious metals: $25.6 billion (4.5%)
- Plastics, plastic articles: $12.1 billion (2.1%)
- Organic chemicals: $11.7 billion (2.1%)
- Perfumes, cosmetics: $8.9 billion (1.6%)
- Pharmaceuticals: $7.8 billion (1.4%)
- Other chemical goods: $7.3 billion (1.3%)
Singapore’s top 10 export product categories represent 85.9% of the overall value of total Singaporean shipments.
Machinery including computers represent the fastest grower among the top 10 export categories, up by 38.4% from 2024 to 2025.
In second place for improving export sales was electrical machinery and equipment via a 17.3% advance.
Singapore’s shipments of miscellaneous chemical goods posted the third-fastest gain in value, up by 9.6%.
The leading decliner among Singapore’s top 10 export categories was plastics, both as materials and items made from plastic, thanks to an -8% year-over-year drop.
Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level. For a more granular view of exported goods at the four-digit HTS code level, see the section below.
Searchable List of Singapore’s Most Valuable Export Products
The following searchable table displays 100 of the most in-demand goods shipped from Singapore during 2025. Shown beside each product label is its total export value then the percentage increase or decrease since 2024.
| Rank | Export Product | US$ | Change |
|---|---|---|---|
| 1 | Integrated circuits/microassemblies | $135,523,789,000 | +13.7% |
| 2 | Processed petroleum oils | $51,482,497,000 | -5.7% |
| 3 | Computers, optical readers | $38,457,870,000 | +106% |
| 4 | Machinery for making semi-conductors | $27,556,536,000 | +10.9% |
| 5 | Turbo-jets | $24,829,076,000 | +26.3% |
| 6 | Phone system devices | $23,780,866,000 | +59.8% |
| 7 | Gold (unwrought) | $18,224,213,000 | +4.8% |
| 8 | Computer parts, accessories | $11,976,223,000 | +178.1% |
| 9 | Solar power diodes/semi-conductors | $11,716,181,000 | +3.5% |
| 10 | Unrecorded sound media | $7,452,933,000 | +27.8% |
| 11 | Aircraft, spacecraft | $5,443,603,000 | +4.2% |
| 12 | Other measuring/testing machines | $4,737,481,000 | +4.6% |
| 13 | Physical/chemical analysis tools | $4,650,832,000 | +4.9% |
| 14 | Other food preparations | $4,480,578,000 | -25.5% |
| 15 | Blood fractions (including antisera) | $4,328,021,000 | +0.6% |
| 16 | Beauty/makeup/skin care preparations | $4,302,836,000 | -12.6% |
| 17 | Jewelry | $4,203,267,000 | +15.3% |
| 18 | Ethylene polymers | $3,959,104,000 | -11.3% |
| 19 | Orthopedic appliances | $3,644,417,000 | -0.9% |
| 20 | Lower-voltage switches, fuses | $3,629,813,000 | +16% |
| 21 | Electro-medical equip (e.g. xrays) | $3,458,393,000 | -3.9% |
| 22 | Electrical machinery | $3,457,416,000 | +4.8% |
| 23 | Printing machinery | $3,386,167,000 | -13.5% |
| 24 | Miscellaneous heterocyclics | $3,064,441,000 | +11.4% |
| 25 | Heterocyclics, nucleic acids | $2,812,784,000 | +63.4% |
| 26 | Medication mixes in dosage | $2,647,984,000 | -13.1% |
| 27 | Mechano-therapy appliances | $2,538,381,000 | +16.1% |
| 28 | Scents used for beverage or industrial manufacturing | $2,507,797,000 | +2.3% |
| 29 | Miscellaneous machinery | $2,474,630,000 | +3% |
| 30 | Electrical capacitators | $2,455,515,000 | +25.4% |
| 31 | Propylene/olefin polymers | $2,447,982,000 | -6.4% |
| 32 | Taps, valves, similar appliances | $2,322,887,000 | -2.8% |
| 33 | Machinery parts | $2,216,783,000 | -9.9% |
| 34 | Electrical converters/power units | $2,161,122,000 | +4.3% |
| 35 | Anti-knock/oxidation/gum inhibitors | $2,098,943,000 | +0.5% |
| 36 | Insulated wire/cable | $2,018,095,000 | +60% |
| 37 | Other diagnostic/lab reagents | $1,981,835,000 | +24.4% |
| 38 | Alcohol (including spirits, liqueurs) | $1,981,354,000 | -8.1% |
| 39 | Electrical/optical circuit boards, panels | $1,775,892,000 | +17% |
| 40 | Cyclic hydrocarbons | $1,706,049,000 | -25.3% |
| 41 | Perfumes, toilet waters | $1,597,278,000 | +1.8% |
| 42 | Oscilloscopes, spectrum analyzers | $1,571,593,000 | +24.1% |
| 43 | Wrist/pocket watches (precious metal case) | $1,505,244,000 | +6.8% |
| 44 | Electric circuit parts, fuses, switches | $1,502,279,000 | +9% |
| 45 | Automobile parts/accessories | $1,461,711,000 | -13% |
| 46 | Precious metal waste, scrap | $1,436,416,000 | +30.8% |
| 47 | Chemicals used in electronics | $1,273,411,000 | +37.8% |
| 48 | Petroleum oil residues | $1,188,703,000 | -2.6% |
| 49 | Centrifuges, filters and purifiers | $1,181,903,000 | -6.6% |
| 50 | Polyacetal/ether/carbonates | $1,149,690,000 | -12.5% |
| 51 | Air or vacuum pumps | $1,129,273,000 | -2.3% |
| 52 | TV receiver/transmit/digital cameras | $1,053,812,000 | +22% |
| 53 | Liquid pumps and elevators | $1,034,571,000 | -1.9% |
| 54 | Electric motors, generators | $1,018,511,000 | +11.3% |
| 55 | Radar, radio communication items | $1,008,675,000 | -4.3% |
| 56 | Printed circuits | $997,551,000 | +36.5% |
| 57 | Miscellaneous plastic items | $959,550,000 | +11.2% |
| 58 | Refrigerators, freezers | $952,296,000 | +30.1% |
| 59 | Regulate/control instruments | $909,399,000 | +5.5% |
| 60 | Cases, handbags, wallets | $898,420,000 | -20.9% |
| 61 | Piston engines | $892,710,000 | +64.1% |
| 62 | Lighting assembly machines | $887,109,000 | +31.3% |
| 63 | Chemical industry products/residuals | $845,365,000 | +22.1% |
| 64 | Electric storage batteries | $826,505,000 | -3.9% |
| 65 | Piston engine parts | $810,134,000 | -4.8% |
| 66 | Synthetic rubber | $802,656,000 | -3.8% |
| 67 | Light vessels, fire boats, floating docks | $781,021,000 | +426.5% |
| 68 | Zinc (unwrought) | $774,505,000 | +83% |
| 69 | Optical fiber cables, sheets, plates | $750,187,000 | -6.2% |
| 70 | Flour/meal/starch/malt extract food preparations | $727,325,000 | -7.4% |
| 71 | Electrical resistors | $724,233,000 | +49.3% |
| 72 | Hand-drawn paintings, drawings | $709,621,000 | +66.8% |
| 73 | Microphones/headphones/amps | $707,212,000 | -1.7% |
| 74 | Ball, roller bearings | $670,223,000 | -13.9% |
| 75 | TV/radio/radar device parts | $647,307,000 | +0.7% |
| 76 | Wrist/pocket watches (no precious metal case) | $642,518,000 | +17.4% |
| 77 | Survey/hydro/weather instruments | $642,433,000 | +6.4% |
| 78 | Temperature-change machines | $631,871,000 | +9.4% |
| 79 | Navigational aids, compasses | $630,068,000 | +44% |
| 80 | Chocolate, other cocoa preparations | $629,711,000 | +10.6% |
| 81 | Bent, edgeworked glass | $618,223,000 | +25.6% |
| 82 | Motorcycle parts/accessories | $615,679,000 | -6.8% |
| 83 | Cocoa butter, fat, oil | $609,955,000 | +51.8% |
| 84 | Miscellaneous iron or steel items | $589,774,000 | -8.8% |
| 85 | Saturated acyclic mono acids | $572,184,000 | -23.6% |
| 86 | Miscellaneous engines, motors | $571,661,000 | +14.5% |
| 87 | Acyclic hydrocarbons | $565,966,000 | -12.5% |
| 88 | Acyclic alcohols | $555,219,000 | -31.4% |
| 89 | Iron or steel scrap | $548,945,000 | +12.5% |
| 90 | Primary batteries/cells | $548,378,000 | -9.1% |
| 91 | Vulcanized rubber items | $523,007,000 | +10.8% |
| 92 | Liquid/gas checking instruments | $504,764,000 | +4.8% |
| 93 | Transmission shafts, gears, clutches | $495,177,000 | -1.9% |
| 94 | Wine | $492,800,000 | -4.9% |
| 95 | Electric sound/visual signal bells or alarms | $486,036,000 | +7.2% |
| 96 | Plastic tubes, pipes, fittings | $485,617,000 | +14.4% |
| 97 | Cigars/cigarellos, cigarettes | $483,972,000 | +0.5% |
| 98 | Liquid crystal/laser/optical tools | $476,259,000 | +17.7% |
| 99 | Refined copper, unwrought alloys | $462,579,000 | +186.1% |
| 100 | Table games, bowling equipment | $454,626,000 | -6.1% |
These 100 exported goods were worth a subtotal of US$491.4 billion or 86.8% by value for all products exported from Singapore during 2025.
Products Generating Biggest Trade Surpluses for Singapore
Overall, Singapore posted a US$62.1 billion trade surplus in 2025. Singapore’s trade surplus expanded by 31.4% from $47.3 billion in black ink one year earlier in 2024.
The following types of Singaporean product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Electrical machinery, equipment: US$34.1 billion (Up by 7.9% since 2024)
- Machinery including computers: $19.6 billion (Up by 120.5%)
- Optical, technical, medical apparatus: $10.8 billion (Down by -5%)
- Organic chemicals: $5.4 billion (Up by 40.8%)
- Plastics, plastic articles: $5.2 billion (Down by -14.5%)
- Perfumes, cosmetics: $4.26 billion (Down by -8.1%)
- Miscellaneous food preparations: $3.44 billion (Down by -31.2%)
- Pharmaceuticals: $2.8 billion (Up by 5.2%)
- Other chemical goods: $2.1 billion (Up by 2.3%)
- Ships, boats: $867 million (Reversing a -$1.1 billion deficit)
Singapore has highly positive net exports in the international trade of electronics including consumer gadgets. In turn, these cashflows indicate Singapore’s strong competitive advantages under the electrical machinery and equipment category.
Products Causing Worst Trade Deficits for Singapore
Below are exports from Singapore that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Singapore’s goods trail Singaporean importer spending on foreign products.
- Mineral fuels including oil: -US$24.7 billion (Down by -20.8% since 2024)
- Gems, precious metals: -$3.9 billion (Up by 227.7%)
- Aircraft, spacecraft: -$2.5 billion (Down by -22.9%)
- Animal/vegetable fats, oils, waxes: -$2.2 billion (Up by 8.9%)
- Articles of iron or steel: -$2 billion (Up by 18.6%)
- Vehicles: -$1.8 billion (Up by 15.4%)
- Nickel: -$1.4 billion (Up by 96.8%)
- Iron, steel: -$1.2 billion (Up by 13.4%)
- Meat: -$1.18 billion (Up by 5.4%)
- Furniture, bedding, lighting, signs, prefab buildings: -$1.16 billion (Up by 5.3%)
Singapore has highly negative net exports and therefore deep international trade deficits for mineral fuels-related goods, historically crude petroleum oil and petroleum gases.
These cashflow deficiencies clearly indicate Singapore’s competitive disadvantages in the international fossil fuel market, but also represent key opportunities for Singapore to improve its position in the global economy through focused innovations especially alternative energy sources.
Singapore’s Major Export Companies
Seventeen corporations based in Singapore rank among Forbes Global 2000. Below is a sample of the major Singaporean export companies that Forbes included.
- Wilmar International (food processing)
- Keppel Corp (industrial conglomerates)
- Flextronics International (electronics)
- Avago Technologies (semiconductors)
- ST Engineering (aerospace )
- Olam International (food processing)
- Golden Agri-Resources (food processing)
- China Aviation Oil (jet fuel trading)
Wikipedia also lists exporters from Singapore. Selected examples are shown below.
- Singapore Technologies Engineering (electronics manufacturing)
- Medical Technology (medical/healthcare equipment)
- Singapore Telecommunications Limited (communications)
According to global trade intelligence firm Zepol, the following smaller companies are also examples of Singaporean export companies.
- Wajilam Export Singapore (wood, chocolate)
- Asahi Glass Singapore (glass sheets)
- Sephora Singapore (copper pipes/tubes, cabinets)
- Ltt Veneer Singapore (soybean flours, hams)
In macroeconomic terms, Singapore’s total exported goods represent 59.4% of its overall Gross Domestic Product for 2025 ($952.6 billion valued in Purchasing Power Parity US dollars) up from 57.4% in 2024. Also, please note that those percentages include a significant amount of re-exporting activity.
Another key indicator of a country’s economic performance is its unemployment rate. The unemployment rate for Singapore averaged 1.97% for 2025, up from the average 1.95% for 2024 according to International Monetary Fund statistics.
See also Singapore’s Top Trading Partners , Singapore’s Top 10 Imports, Singapore’s Top 10 Major Export Companies and China’s Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on March 6, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on March 6, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 6, 2026
International Trade Centre, Trade Map. Accessed on March 6, 2026
Investopedia, Net Exports Definition. Accessed on March 6, 2026
Wikipedia, Gross domestic product. Accessed on March 6, 2026
Wikipedia, List of Companies of Singapore. Accessed on March 6, 2026
Wikipedia, Purchasing power parity. Accessed on March 6, 2026
X-rates.com, Exchange Rates: Singapore Dollar to US Dollar (monthly average 2025). Accessed on March 6, 2026
Zepol’s company summary highlights by country. Accessed on March 6, 2026