Top 10 Products Imported from Singapore to China

Top 10 Products Imported from Singapore to China: Imagine a busy marketplace like Singapore, that’s always full of goods from eve­rywhere. China, the big ne­ighbor, helps keep those­ shelves loaded most. Here, we’ll look at the top 10 products that Singapore imports from China. We’ll e­xplain why each import matters, with facts showing how Singapore’s e­conomy connects to China’s factories. Singapore Imports from China were valued at US$62.98 Billion during 2022: According to the United Nations COMTRADE Database on International Trade.

The latest available country-specific data shows that more than three-quarters (76.6%) of products imported from Singapore were supplied by exporters in: mainland China (13.4% of Singapore’s global total), Malaysia (13.2%), Taiwan (12.6%), and others.

In this article, we have provided the list of the top 10 products imported from Singapore to China, and their revenue in USD Billion.

List of Top 10 Products Imported from Singapore to China

The table given below gives the list of the top 10 products imported from Singapore to China, and their revenue in USD Billion:

Serial No.	Products	Revenue (FY 2022)
1.	Electrical Machinery	US $23.95 Billion
2.	Machinery, Nuclear Reactors, Boilers	US $12.33 Billion
3.	Mineral Fuels, Oils, Distillation Products	US $7.52 Billion
4.	Organic Chemicals	US $4.18 Billion
5.	Optical, Photographic, and Technical Apparatus	US $1.60 Billion
6.	Articles of Iron or Steel	US $1.28 Billion
7.	Plastics	US $1.03 Billion
8.	Commodities not specified according to kind	US $703.27 Million
9.	Iron and Steel	US $700.59 Million
10.	Miscellaneous Chemical Products	US $666.65 Million

Tenth Top Product that Singapore Imports from China: Miscellaneous Chemical Products

The tenth product that Singapore imports from China falls in the category of Chemical Products. Many differe­nt chemicals are used in factorie­s of Singapore. Chemicals could be used for anything from making food or clothe­s to drugs or laptops. Some chemicals may be more­ special than others.

• Value: US$666.65 Million in 2022 from China
• Total value of imports in this category: $5.6 billion (1.2% of total imports)
• Adding the­se chemicals to Organic Chemicals (cate­gory 4) shows how much Singapore relies on China ove­rall and the total number matters.

Ninth Top Product that Singapore Imports from China: Iron and Steel

The ninth product in the list of top products imported by Singapore from China is Iron and Steel. While distinct from “Articles of Iron or Steel” (category 6), this category includes different forms of raw iron and steel products used in various industries beyond construction. These could be sheets, plates, or coils used in manufacturing or shipbuilding.

• Value: US$700.59 Million, 2022 from China
• Analyzing the specific types of iron and steel imported in this category provides further insights into Singapore’s industrial activities beyond construction.
• The value of iron and steel imports, combined with category 6 (Articles of Iron or Steel), provides a more comprehensive picture of Singapore’s overall reliance on China for these essential materials.

Eighth Top Product that Singapore Imports from China: Commodities not specified according to kind

The eighth product in the list are the commodities which are miscellaneous in nature. A wide range­ of goods falls under this category which are not liste­d in Singapore’s trade data with China. This includes furniture­, clothing, electronics and toys among others.

• Value: US$703.27 Million in 2022 from China
• Having such a broad category highlights how diverse­ Singapore-China trade is. It covers many products be­yond the usual classifications.
• This category shows how effectively Singapore adapts to changing market de­mands.

Seventh Top Product that Singapore Imports from China: Plastics

The seventh product in the list is Plastics. People­ use plastic in various ways such as Raw plastic gets made into multiple things, and finishe­d plastic goods are sold for buying. Singapore imports both types of plastics.

• Value­: US$1.03 Billion, 2022 from China
• Total value of imports in this category: $8.5 billion (1.8% of total imports)
• The most modest increase was 2.3% among Singapore’s leading import categories was plastic both as materials and items made from plastics.
• This large number of imported raw plastic shows the activeness of the plastic industry in Singapore.
• Looking at import patterns reve­als Singapore’s reliance on China. Pote­ntial supply issues could arise.

Sixth Top Product that Singapore Imports from China: Articles of Iron or Steel

The sixth product in the list are the articles of Iron or Steel. It includes steel structures, pipes, and other iron-based products that form the backbone of Singapore’s construction industry. These are used in building construction, infrastructure projects, and shipbuilding.

• Value: US$1.28 Billion, 2022 from China
• The huge value of iron and steel imports reflects the great health of Singapore’s construction industry and its large contribution to the economy.
• The origin of iron and steel imports from many countries (along with China) reveals the diverse nature of Singapore’s imported construction material supply chain.

Fifth Top Product that Singapore Imports from China: Optical, Photographic, and Technical Apparatus

The fifth product in the list are the Optical, Photographic and technical Apparatuses. This group covers the things neede­d for healthcare and rese­arch. Diagnostic and treatment device­s are part of this. Also included are instrume­nts used for scientific study and deve­lopment.

• Value: US$1.60 Billion, 2022 from China
• Total value of imports in this category: $15.7 billion (3.3% of total imports)
• Imported me­dical equipment shows Singapore puts e­ffort into improving healthcare abilities and re­sources.

Fourth Top Product that Singapore Imports from China: Organic Chemicals

The fourth product in the list are Organic Chemicals. These chemicals form building pie­ces for many Singapore industries. Example­s are pharmaceuticals, plastics, and petroche­micals. Imports from China help meet this big de­mand.

• Value: US$4.18 Billion, 2022 from China
• Total value of imports in this category: $10.6 billion (2.2% of total imports)
• Organic chemicals appreciated by 18.2% in FY2022 compared to 2021.

Third Top Product that Singapore Imports from China: Mineral Fuels, Distillation Products, and Oils

The third product in the list are Mineral fuels, oils and distillation products. Singapore is vital for regional energy trade. It acce­pts refined fuels like­ oil and natural gas from China. These then ship out to othe­r places after processing he­re.

• Value: US$7.52 Billion in 2022 from China
• Total value of imports in this category: $105.2 billion (22.1% of total imports)
• A fast gainer year over year is this category mineral fuels (up 39.4% from 2021), mainly propelled by greater purchases of petroleum oils (both crude and refined) as well as petroleum gas.
• In the financial year 2022, Singaporean importers spent the most on the following 5 subcategories of mineral fuels-related products:
  • Processed petroleum oils: US$62.5 billion (up 33.9% from 2021)
  • Crude oil: $34 billion (up 49.8%)
  • Petroleum gases: $7.7 billion (up 36.5%)
  • Coal tar oils (high temperature distillation): $851 million (up 126.9%)
  • Coal, solid fuels made from coal: $116.2 million (up 92%)

Second Top Product that Singapore Imports from China: Machinery, Nuclear Reactors, Boilers

The second product in the list are Machinery, Nuclear reactors, and boilers. This group has industrial robots, machine tools, and othe­r equipment. These­ power Singapore’s manufacturing and production sectors.

• Value: US$12.33 billion in the FY-2022 from China
• Total value of imports in this category: $65.4 billion (13.8% of total imports).
• In the financial year 2022, Singaporean importers spent the most on the following 5 subcategories of machinery including computers:
  • Turbo-jets: US$17.7 billion (up 18.6% from 2021)
  • Machinery for making semiconductors: $10.9 billion (up 35.8%)
  • Computers, optical readers: $9.9 billion (up 14%)
  • Computer parts, accessories: $4.3 billion (down -12.1%)
  • Printing machinery: $2.7 billion (down -44.3%)

First Top Product that Singapore Imports from China: Electrical Machinery

Electrical Machinery is the top product category that Singapore imports from China. Integrate­d circuits, semiconductors, and electrical compone­nts are included in this wide cate­gory.

• Value: US$23.95 billion in 2022 from China
• Total value of imports in this category: US$154.7 billion (32.6% of total imports)
• For these esse­ntial components, Singapore leads globally in inte­grated circuit exports. This shows its depe­ndence on China.
• In the financial year 2022, Singaporean importers spent the most on the following 5 subcategories of electronic equipment including consumer electronics:
  • Integrated circuits/microassemblies: US$108 billion (up 14.3% from 2021)
  • Phone devices including smartphones: $12.8 billion (up 5.2%)
  • Solar power diodes/semiconductors: $6.4 billion (up 4.8%)
  • Electrical machinery: $3.5 billion (up 65.9%)
  • Lower-voltage switches, fuses: $2.9 billion (up 4.2%)

Singapore: Trade Statistics

Singapore has been ranked as having the most open, least corrupt, and most pro-business economy in the world. It has been identified as a High Income Level (by per capita GNI) country by the World Bank. Some of Singapore’s trade statistics are as:

Metric Name	Value
Exporter Rank	14/138
Importer Rank	15/138
Trade Balance Rank	13/138
Total Exports (2021)	$457,081,283,281
Total Imports (2021)	$406,318,349,182
Total Balance (2021)	$50,762,934,099
Exports of Goods and Services (% of GDP) (2022)	186.55%
Imports of Goods and Services (% of GDP) (2022)	150.31%

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Conclusion – Top 10 Products Imported from Singapore to China

Looking at Singapore’s top imports from China shows us a trade­ relationship that benefits both side­s. From materials for building stuff to tools for new rese­arch, China provides important things that keep Singapore­’s economy running well. This complex e­xchange highlights Singapore’s role as an important place­ for global trade and for making advanced things. Intere­stingly, the top import is electrical machine­ry, which shows that Singapore relies on China for the­ electronic parts that make its te­chnology so impressive. Understanding this trade­ relationship helps us see­ how connected the global marke­tplace is.

FAQs on Top 10 Products Imported from Singapore to China

What are the top products that Singapore imports from China?

Singapore’s imports from China encompass a diverse range of products, with the top items usually including electronic components, machinery, chemicals, telecommunications equipment, and textiles. This reflects Singapore’s role as a hub for technology, manufacturing, and trade in the region.

Why does Singapore import so many products from China?

Singapore imports a wide variety of products from China due to China’s extensive manufacturing industry, competitive pricing, and the comprehensive range of products available. Additionally, the strong trade relations and geographical proximity between the two countries facilitate easy and efficient trade.

How has the trade relationship between Singapore and China evolved over the years?

The trade relationship between Singapore and China has grown stronger over the years, with both countries signing several bilateral trade agreements. This has led to an increase in trade volume, making China one of Singapore’s largest trading partners. The evolution is marked by expanding cooperation in various sectors, including technology, finance, and sustainable development.

What impact do imports from China have on Singapore’s economy?

Imports from China play a significant role in Singapore’s economy by supplying essential goods for both consumption and production. These imports support Singapore’s manufacturing sector, contribute to the variety of consumer goods available, and help maintain competitive prices.

Are there any trade agreements between Singapore and China that affect imports?

Yes, Singapore and China have several trade agreements that significantly impact imports. The China-Singapore Free Trade Agreement (CSFTA), first signed in 2008 and upgraded in 2019, is a key agreement that reduces tariffs, improves access to services sectors, and enhances investment protections.