Singapore

On this page you will find beneficial information regarding foreign direct investment in / trading with Singapore. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Parliamentary Republic
Population: 5.454 million (2021)
GDP: 397 billion USD (2021)
Corporate Tax Rate: 17%
Personal Income Tax Rate: 22%
Major Exports: Footwear Parts ($272M), Leather Footwear ($254M), Electricity ($204M), Crude Petroleum ($204M), and Ferroalloys ($157M), exporting mostly to Italy ($1.42B), Greece ($441M), Spain ($211M), Germany ($174M), and China ($149M).
Major Imports: Integrated Circuits ($65.2B), Refined Petroleum ($50B), Crude Petroleum ($22.5B), Gold ($15.1B), and Gas Turbines ($7.43B), importing mostly from China ($53.9B), Malaysia ($49.6B), Chinese Taipei ($34.1B), United States ($32.5B), and Japan ($18.2B).

April 28, 2023
An Overview of the Singapore eCommerce Sector

Business Associations and Their Role in Economic Growth in Singapore

July 22, 2022
An Overview of the Singapore eCommerce Sector

The Major Exports in Singapore

June 26, 2022
An Overview of the Singapore eCommerce Sector

Mineral Resources in Singapore

June 23, 2022
An Overview of the Singapore eCommerce Sector

Protecting Your Intellectual Property in Singapore

June 13, 2022
An Overview of the Singapore eCommerce Sector

The Impact of COVID-19 on the Service Sector in Singapore

May 3, 2022
An Overview of the Singapore eCommerce Sector

An Analysis of the Major Imports in Singapore: A Comprehensive Review of the Top Ten Largest Imports

March 24, 2022
An Overview of the Singapore eCommerce Sector

An Overview of the Singapore eCommerce Sector

February 2, 2022
A Step-by-Step Guide to Obtaining an Export License in Singapore

A Step-by-Step Guide to Obtaining an Export License in Singapore

May 31, 2021
An Overview of the Singapore eCommerce Sector

Government Policy on Foreign Investment in Singapore

May 18, 2021
An Overview of the Singapore eCommerce Sector

Employment Practices and Legislation in Singapore

May 4, 2021
An Overview of the Singapore eCommerce Sector

Trademark Registration in Singapore

April 22, 2021
An Overview of the Singapore eCommerce Sector

Corporate Taxation in Singapore

March 27, 2021
An Overview of the Singapore eCommerce Sector

Business Associations and Their Role in Economic Growth in Singapore

April 17, 2020
An Overview of the Singapore eCommerce Sector

How to register a trademark in Singapore