Singapore

Total Trade Compared to the same month a year ago

6.89%

Compared to last month

15.01%

Total Exports Compared to the same month a year ago

2.77%

Compared to last month

-6.37%

Total Imports Compared to the same month a year ago

11.52%

Compared to last month

50.50%

RankAmong U.S. trading partners this month

17

Rank 2023 this month

17

Singapore’s total trade with the United States was $6.65 billion in January, a change of 6.89 percent from the same month one year ago. The change in exports was 2.77 percent and the change in imports was 11.52 percent. Singapore ranked No. 17 among U.S. trade partners in January. It had ranked No. 17 for the same month last year.

The top three U.S. exports by value in January were Oil, (2) Gold, and (3) Civilian aircraft, parts. The top three U.S. imports from Singapore, also by value, were Plasma, vaccines, blood, (2) Heterocyclic compounds, etc., and (3) Medicines in individual dosages. By tonnage, the top three U.S. exports were (1) Oil, (2) LNG, other petroleum gases, and (3) Gasoline, other fuels. The top three U.S. imports, also by tonnage, were (1) Gasoline, other fuels, (2) Chemical compounds, and (3) Solar panels, etc..

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