Trade in goods with USA SITC (Standard International Trade Classification)
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Singapore trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export1.71.71.71.81.9
Import1.00.91.31.10.9
Trade in Goods1.31.21.51.41.3

USA's foreign trade with Singapore, exports to Singapore and imports from Singapore in February 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In February 2021 Singapore represented 1.3 per cent of USA's foreign trade in goods, 1.9 % of USA's exports and 0.9 % of imports. In February Singapore was USA's 19. largest foreign trade partner. $4.2 billion worth of trade was 10.5 per cent lower than in February of the previous year. During the month, the balance of trade with Singapore was $622 million of surplus.

The value of imports from Singapore decreased by 9.1 per cent compared to in February of the previous year, thus amounting to $1.8 billion in February 2021. Major product categories of imports from Singapore were Sitc098 (edible products and preparations, n.e.s.), representing 11.5 percent of imports, Sitc931 (special transactions and commodities not classified according to kind) 11.3 % and Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 7.8 % of the imports.

The value of exports to Singapore declined by 11.6 per cent compared to in February of the previous year, thus amounting to $2.4 billion in February 2021. The largest product groups of exports were: Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), which represented a share of 15.8 per cent of total exports, Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) 8.4 % and Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar) 7.9 % of the exports.

Development during January-February 2021

The trade in goods between January and February of 2021 was of lesser value than in the corresponding period of the previous year. The value of the trade was $8.9 billion, down 8.3 %. During January-February the value of imports was $4.1 billion. The export value was $4.7 billion. Compared to the corresponding period in 2020, the value of imports decreased by -8.5% and the value of exports by -8.1 %. The largest value in imports was in Sitc098 (edible products and preparations, n.e.s.), worth $549 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $634 million. The trade balance between USA and Singaporen between January and February was in surplus for USA. The timing surplus was $638 million.


Table: USA's export to Singapore (SG) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 44,7 2.0 41,7 1.9 37,3 1.6 40,4 1.7 44,7 1.9
01. Meat and meat preparations 7,5 0.3 7,9 0.4 5,7 0.2 5,1 0.2 4,5 0.2
02. Dairy products and birds' eggs 2,10 0.1 4,3 0.2 3,1 0.1 3,10 0.2 6,10 0.3
03. Fish and fish preparations 1,6 0.1 0,10 0.0 1,9 0.1 1,3 0.1 1,3 0.1
04. Cereals and cereal preparations 2,7 0.1 3,1 0.1 2,2 0.1 2,7 0.1 8,2 0.3
05. Vegetables and fruit 12,8 0.6 10,5 0.5 10,1 0.4 11,4 0.5 8,8 0.4
06. Sugars,sugar preparations and honey 2,6 0.1 1,8 0.1 0,9 0.0 1,7 0.1 1,9 0.1
07. Coffee,tea,cocoa,spices 3,3 0.1 2,8 0.1 4,3 0.2 2,8 0.1 3,0 0.1
08. Feeding stuff for animals 2,4 0.1 2,2 0.1 1,4 0.1 1,9 0.1 1,7 0.1
09. Miscellaneous edible products and preparations 9,1 0.4 8,5 0.4 8,1 0.4 9,7 0.4 8,6 0.4
1. Beverages and tobacco 5,4 0.2 4,8 0.2 5,8 0.3 3,7 0.2 5,2 0.2
11. Beverages 4,10 0.2 4,6 0.2 5,5 0.2 2,5 0.1 3,9 0.2
12. Tobacco and tobacco manufactures 0,5 0.0 0,3 0.0 0,4 0.0 1,2 0.0 1,3 0.1
2. Crude materials,inedible,except fuels 24,7 1.1 18,10 0.9 30,5 1.3 21,3 0.9 18,1 0.8
21. Hides,skins,furskins,raw 4,6 0.2 2,5 0.1 4,2 0.2 1,2 0.0 1,2 0.0
22. Oil seeds,oleaginous fruits 0,4 0.0 0,3 0.0 0,2 0.0 0,4 0.0 0,6 0.0
23. Crude rubber (incl.synthetic) 11,7 0.5 7,5 0.3 16,7 0.7 12,9 0.5 6,1 0.3
25. Pulp and waste paper 3,5 0.2 4,2 0.2 4,1 0.2 1,8 0.1 4,8 0.2
26. Textile fibres and their wastes 0,9 0.0 1,1 0.0 2,1 0.1 1,7 0.1 1,4 0.1
27. Crude fertilizers and crude minerals 0,10 0.0 1,0 0.0 1,2 0.1 1,2 0.0 1,0 0.0
28. Metalliferous ores and metal scrap 0,6 0.0 0,9 0.0 0,3 0.0 0,7 0.0 1,8 0.1
29. Crude animal,vegetable materials n.e.s. 2,4 0.1 1,8 0.1 1,9 0.1 1,7 0.1 1,6 0.1
3. Mineral fuels etc 86,1 3.8 109,2 5.0 34,7 1.5 256,9 10.9 430,1 17.9
33. Petroleum and products 86,1 3.8 35,1 1.6 26,6 1.2 197,7 8.4 390,4 16.3
34. Gas,natural and manufactured 0 0.0 74,2 3.4 8,2 0.4 59,2 2.5 39,7 1.7
4. Animal and vegetable oils and fats 40,0 1.8 43,1 2.0 44,5 2.0 22,7 1.0 31,6 1.3
41. Animal oils and fats 26,8 1.2 4,5 0.2 34,2 1.5 12,2 0.5 28,1 1.2
43. Processed animal or vegetable oils,etc. 12,8 0.6 38,5 1.7 10,3 0.4 10,4 0.4 3,4 0.1
5. Chemicals and related products,n.e.s. 324,1 14.3 368,9 16.8 361,8 15.9 378,3 16.1 335,0 14.0
51. Organic chemicals 52,3 2.3 60,1 2.7 73,1 3.2 56,8 2.4 83,7 3.5
52. Inorganic chemicals 12,6 0.6 11,4 0.5 16,3 0.7 13,0 0.6 17,8 0.7
53. Dyeing,tanning and colouring material 14,2 0.6 12,2 0.5 11,0 0.5 12,8 0.5 8,1 0.3
54. Medicinal and pharmaceutical products 35,1 1.5 73,3 3.3 32,5 1.4 49,7 2.1 29,8 1.2
55. Perfume,cleaning etc.preparations 46,3 2.0 42,10 1.9 41,9 1.8 38,9 1.7 33,7 1.4
57. Plastics in primary forms 53,8 2.4 58,3 2.6 61,3 2.7 76,8 3.3 46,0 1.9
58. Plastics in non-primary forms 22,10 1.0 21,7 1.0 21,9 1.0 27,5 1.2 23,4 1.0
59. Chemical materials and products,n.e.s. 86,9 3.8 89,1 4.0 103,10 4.6 103,2 4.4 92,7 3.9
6. Basic manufactures 80,5 3.6 76,7 3.5 77,5 3.4 83,6 3.6 72,5 3.0
62. Rubber manufactures,n.e.s. 8,8 0.4 6,7 0.3 10,7 0.5 9,1 0.4 7,5 0.3
64. Paper,paperboard and articles thereof 2,3 0.1 2,4 0.1 1,7 0.1 2,6 0.1 2,5 0.1
65. Textile yarn,fabrics,made up articles,etc. 4,6 0.2 3,3 0.1 3,4 0.1 4,6 0.2 4,2 0.2
66. Non-metallic mineral manufactures,n.e.s. 14,1 0.6 13,5 0.6 13,4 0.6 12,5 0.5 10,9 0.5
67. Iron and steel 5,6 0.2 4,6 0.2 6,4 0.3 5,6 0.2 6,9 0.3
68. Non-ferrous metals 16,9 0.7 14,7 0.7 15,10 0.7 21,1 0.9 12,7 0.5
69. Manufactures of metals,n.e.s. 28,4 1.3 31,7 1.4 26,1 1.1 28,1 1.2 27,9 1.2
7. Machinery,transport equipment 1.209,4 53.4 1.136,0 51.6 1.222,6 53.9 1.090,3 46.5 1.056,9 44.1
71. Power generating machinery and equipment 75,3 3.3 77,8 3.5 119,9 5.3 95,4 4.1 42,6 1.8
72. Machinery for specialized industries 250,8 11.1 126,5 5.7 227,3 10.0 190,2 8.1 139,4 5.8
73. Metal working machinery 6,0 0.3 4,10 0.2 5,8 0.3 7,6 0.3 7,2 0.3
74. General industrial machinery n.e.s. 126,8 5.6 107,10 4.9 137,10 6.1 114,4 4.9 97,8 4.1
75. Office machines and adp machines 88,10 3.9 162,6 7.4 86,1 3.8 108,2 4.6 78,10 3.3
76. Telecommunications and sound recording equipment 94,4 4.2 61,6 2.8 69,9 3.1 57,8 2.5 61,8 2.6
77. Electric machinery,n.e.s.and parts 245,1 10.8 233,0 10.6 250,6 11.0 239,6 10.2 227,10 9.5
78. Road vehicles 15,1 0.7 16,1 0.7 22,9 1.0 19,7 0.8 18,6 0.8
79. Other transport equipment 307,5 13.6 345,9 15.7 302,6 13.3 257,7 11.0 382,9 16.0
8. Miscellaneous manufactured articles 360,9 15.9 315,4 14.3 353,6 15.6 342,2 14.6 318,5 13.3
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1,6 0.1 0,9 0.0 0,9 0.0 2,2 0.1 0,8 0.0
82. Furniture and parts thereof 2,1 0.1 1,4 0.1 1,7 0.1 1,4 0.1 1,10 0.1
83. Travel goods,handbags and sim.containers 0,8 0.0 0,7 0.0 1,3 0.1 0,9 0.0 0,6 0.0
84. Articles of apparel and clothing accessories 1,0 0.0 0,7 0.0 0,10 0.0 0,8 0.0 0,8 0.0
85. Footwear 1,5 0.1 0,2 0.0 0,2 0.0 0,2 0.0 0,2 0.0
87. Instruments and apparates n.e.s. 204,8 9.0 191,10 8.7 210,9 9.3 211,3 9.0 184,9 7.7
88. Photographic equipment,optical goods etc. 20,10 0.9 21,3 1.0 23,8 1.0 21,7 0.9 22,3 0.9
89. Miscellaneous manufactured articles,n.e.s. 128,5 5.7 98,5 4.5 114,2 5.0 104,0 4.4 107,3 4.5
9. Goods not classified elsewhere 87,5 3.9 87,0 4.0 101,7 4.5 108,2 4.6 86,9 3.6
93. Special transactions and commodities not classified 27,6 1.2 30,9 1.4 37,0 1.6 34,1 1.5 24,5 1.0
96. Coin (not gold coin or legal) 1,0 0.0 1,7 0.1 3,0 0.1 1,7 0.1 0,1 0.0
97. Gold,non-monetary 5,3 0.2 4,9 0.2 6,8 0.3 14,6 0.6 6,9 0.3
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 51,2 2.3 48,9 2.2 52,9 2.3 54,7 2.3 54,8 2.3
0-9. All groups combined 2.262,10 100.0 2.201,4 100.0 2.269,7 100.0 2.347,1 100.0 2.399,0 100.0

Source: US Census Bureau

Table: Import from Singapore (SG) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 223,2 9.8 184,6 9.3 219,3 7.6 350,4 15.0 207,6 11.7
03. Fish and fish preparations 2,2 0.1 1,7 0.1 1,9 0.1 1,8 0.1 1,3 0.1
04. Cereals and cereal preparations 1,2 0.1 1,3 0.1 1,1 0.0 0,8 0.0 0,9 0.0
07. Coffee,tea,cocoa,spices 0,2 0.0 0,5 0.0 0,2 0.0 0,6 0.0 1,0 0.1
08. Feeding stuff for animals 1,6 0.1 1,0 0.0 1,2 0.0 1,9 0.1 0,7 0.0
09. Miscellaneous edible products and preparations 217,9 9.6 180,1 9.0 215,1 7.5 345,3 14.8 203,8 11.5
2. Crude materials,inedible,except fuels 2,1 0.1 1,6 0.1 2,9 0.1 1,3 0.1 3,8 0.2
23. Crude rubber (incl.synthetic) 1,0 0.0 0,8 0.0 1,3 0.0 0,5 0.0 0,5 0.0
28. Metalliferous ores and metal scrap 0,5 0.0 0,4 0.0 1,3 0.0 0,4 0.0 2,10 0.2
29. Crude animal,vegetable materials n.e.s. 0,7 0.0 0,5 0.0 0,5 0.0 0,4 0.0 0,4 0.0
3. Mineral fuels etc 115,7 5.1 104,4 5.2 156,5 5.5 93,0 4.0 133,5 7.5
33. Petroleum and products 115,7 5.1 104,4 5.2 156,5 5.5 93,0 4.0 133,5 7.5
4. Animal and vegetable oils and fats 0,3 0.0 3,3 0.2 0,1 0.0 0,2 0.0 1,8 0.1
42. Fixed vegetable fats and oils 0,1 0.0 3,1 0.2 0,1 0.0 0,2 0.0 1,6 0.1
5. Chemicals and related products,n.e.s. 639,3 28.1 525,6 26.4 695,0 24.2 867,6 37.2 455,7 25.6
51. Organic chemicals 79,3 3.5 30,5 1.5 35,0 1.2 220,8 9.5 131,6 7.4
52. Inorganic chemicals 0,10 0.0 0,8 0.0 0,9 0.0 1,6 0.1 0,3 0.0
53. Dyeing,tanning and colouring material 4,3 0.2 4,5 0.2 5,1 0.2 5,1 0.2 3,8 0.2
54. Medicinal and pharmaceutical products 485,5 21.4 408,4 20.5 581,5 20.3 558,2 23.9 247,3 13.9
55. Perfume,cleaning etc.preparations 1,6 0.1 1,5 0.1 2,8 0.1 2,6 0.1 2,2 0.1
57. Plastics in primary forms 16,7 0.7 18,0 0.9 16,3 0.6 21,4 0.9 18,3 1.0
58. Plastics in non-primary forms 2,6 0.1 2,2 0.1 2,1 0.1 3,0 0.1 2,2 0.1
59. Chemical materials and products,n.e.s. 48,8 2.1 60,1 3.0 51,7 1.8 55,3 2.4 50,3 2.8
6. Basic manufactures 38,7 1.7 24,1 1.2 17,6 0.6 19,0 0.8 35,6 2.0
62. Rubber manufactures,n.e.s. 0,8 0.0 0,9 0.0 0,9 0.0 0,8 0.0 1,3 0.1
63. Wood and cork manufactures 0,2 0.0 0,3 0.0 0,1 0.0 0,6 0.0 0,1 0.0
64. Paper,paperboard and articles thereof 1,1 0.0 0,7 0.0 0,5 0.0 0,5 0.0 0,5 0.0
65. Textile yarn,fabrics,made up articles,etc. 1,4 0.1 1,0 0.0 1,8 0.1 1,5 0.1 0,5 0.0
66. Non-metallic mineral manufactures,n.e.s. 5,5 0.2 2,8 0.1 5,1 0.2 3,6 0.2 3,9 0.2
67. Iron and steel 0,5 0.0 0,4 0.0 0,5 0.0 0,8 0.0 0,4 0.0
68. Non-ferrous metals 22,5 1.0 12,1 0.6 2,1 0.1 3,0 0.1 23,4 1.3
69. Manufactures of metals,n.e.s. 6,10 0.3 6,3 0.3 6,8 0.2 8,5 0.4 5,8 0.3
7. Machinery,transport equipment 593,7 26.1 535,7 26.9 584,2 20.4 430,5 18.5 398,1 22.4
71. Power generating machinery and equipment 161,7 7.1 164,4 8.3 170,4 5.9 54,0 2.3 34,6 1.9
72. Machinery for specialized industries 51,0 2.2 64,2 3.2 76,9 2.7 60,7 2.6 74,10 4.2
73. Metal working machinery 3,2 0.1 1,3 0.1 2,7 0.1 1,9 0.1 1,8 0.1
74. General industrial machinery n.e.s. 35,2 1.5 34,1 1.7 38,6 1.3 29,2 1.2 28,9 1.6
75. Office machines and adp machines 102,2 4.5 76,3 3.8 81,6 2.8 99,2 4.3 90,2 5.1
76. Telecommunications and sound recording equipment 53,9 2.4 36,3 1.8 44,4 1.5 32,7 1.4 31,5 1.8
77. Electric machinery,n.e.s.and parts 177,8 7.8 147,8 7.4 160,9 5.6 138,8 6.0 126,4 7.1
78. Road vehicles 2,8 0.1 2,7 0.1 2,6 0.1 4,4 0.2 3,1 0.2
79. Other transport equipment 6,1 0.3 9,1 0.5 6,4 0.2 10,0 0.4 6,10 0.4
8. Miscellaneous manufactured articles 411,6 18.1 371,1 18.6 673,1 23.5 346,1 14.8 327,4 18.4
82. Furniture and parts thereof 3,2 0.1 0,7 0.0 1,4 0.0 1,4 0.1 0,8 0.0
84. Articles of apparel and clothing accessories 0,7 0.0 0,8 0.0 0,3 0.0 0,1 0.0 0,5 0.0
85. Footwear 0,2 0.0 0,2 0.0 0,4 0.0 1,2 0.0 1,0 0.1
87. Instruments and apparates n.e.s. 212,2 9.3 207,1 10.4 235,5 8.2 189,6 8.1 185,7 10.4
88. Photographic equipment,optical goods etc. 14,0 0.6 8,7 0.4 8,9 0.3 21,3 0.9 14,5 0.8
89. Miscellaneous manufactured articles,n.e.s. 181,5 8.0 153,8 7.7 426,7 14.9 132,7 5.7 125,2 7.0
9. Goods not classified elsewhere 247,6 10.9 239,10 12.1 521,7 18.2 224,1 9.6 213,3 12.0
93. Special transactions and commodities not classified 238,3 10.5 231,5 11.6 214,8 7.5 215,8 9.3 201,0 11.3
97. Gold,non-monetary 0,8 0.0 0,5 0.0 298,8 10.4 0,5 0.0 1,6 0.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 8,5 0.4 7,10 0.4 8,2 0.3 7,9 0.3 7,7 0.4
0-9. All groups combined 2.272,1 100.0 1.989,10 100.0 2.870,1 100.0 2.331,10 100.0 1.776,6 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

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