Singapore’s exports peaked at $9,196 million recently due to the country’s existing infrastructure and skilled workforce that allowed it to purchase raw goods and manufacture them for re-export such as in the industries of water fabrication and oil refining. Citing the Harmonized System (HS) classification the top exports of Singapore are namely: refined petroleum (at least $60 billion), integrated circuits ($40 billion) and oxygen amino compounds (around $6 billion). Meanwhile, Hong Kong ($30 billion), China ($30 billion) and Indonesia ($30 billion) were considered top export destinations of Singaporean products.

Chart Showing GDP Growth Compared to rest of world

Singapore’s exports peaked at $9,196 million recently due to the country’s existing infrastructure and skilled workforce that allowed it to purchase raw goods and manufacture them for re-export such as in the industries of water fabrication and oil refining. Citing the Harmonized System (HS) classification the top exports of Singapore are namely: refined petroleum (at least $60 billion), integrated circuits ($40 billion) and oxygen amino compounds (around $6 billion). Meanwhile, Hong Kong ($30 billion), China ($30 billion) and Indonesia ($30 billion) were considered top export destinations of Singaporean products.