Trade in goods with USA SITC (Standard International Trade Classification)
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Singapore trade flows with USA by SITC*) product sections during 2022/5 - 2022/9

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


Share of USA's2022/5
%
2022/6
%
2022/7
%
2022/8
%
2022/9
%
Export2.0 2.2 2.5 2.4 2.6
Import0.9 0.9 0.8 1.0 0.9
Trade in Goods1.3 1.4 1.5 1.5 1.5

USA's foreign trade with Singapore, exports to Singapore and imports from Singapore in September 2022


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 September Singapore was USA's 17. most important foreign trade partner. In September 2022 Singapore represented 1.5 per cent of USA's foreign trade in goods, 2.6 % of USA's exports and 0.9 % of imports. Amounting trade to worth of $7.0 billion was 21.9 per cent bigger than in September of the previous year. During the month, the balance of trade with Singapore was $2.3 billion of surplus.

The value of imports from Singapore decreased by 22.0 per cent compared to in September of the previous year, thus amounting to $2.3 billion in September 2022. Major product categories of imports from Singapore were Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542), representing 12.2 percent of imports, Sitc931 (special transactions and commodities not classified according to kind) 12.2 % and Sitc098 (edible products and preparations, n.e.s.) 8.0 % of the imports.

Exports to Singapore grew strongly over the previous year's September. The value of exports was $4.6 billion. The largest product groups of exports were: Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), which represented a share of 16.8 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 12.3 % and Sitc971 (gold,non-monetary) 12.1 % of the exports.

Significant increase in trade in goods in early 2022

During January-September, trade in goods with Singapore has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-September of the previous year. Growth was as high as 21.5 per cent and the value of the trade increased to $58.6 billion. During January-September the value of imports was $23.4 billion. The export value was $35.2 billion. Compared to the corresponding period of the previous year, the value of imports increased by 4.7 % and the value of exports by 36.1 %. The largest product group in terms of imports has been Sitc931 (special transactions and commodities not classified according to kind), worth $3.3 billion. In export the largest value had Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth being $7.6 billion. The trade balance between USA and Singaporen between January and September was in surplus for USA. The timing surplus was $11.8 billion.


Table: USA's export to Singapore (SG) during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 50.5 1.4 50.0 1.2 47.0 1.1 60.5 1.4 38.9 0.8
01. Meat and meat preparations 8.0 0.2 7.7 0.2 10.5 0.2 8.1 0.2 7.0 0.2
02. Dairy products and birds' eggs 9.3 0.3 8.6 0.2 4.2 0.1 5.2 0.1 2.5 0.1
03. Fish and fish preparations 1.4 0.0 1.3 0.0 1.1 0.0 2.2 0.1 1.2 0.0
04. Cereals and cereal preparations 2.0 0.1 3.4 0.1 2.1 0.0 11.3 0.3 2.7 0.1
05. Vegetables and fruit 9.4 0.3 10.3 0.3 12.0 0.3 12.4 0.3 8.3 0.2
06. Sugars,sugar preparations and honey 2.8 0.1 2.6 0.1 1.8 0.0 3.2 0.1 3.4 0.1
07. Coffee,tea,cocoa,spices 3.3 0.1 3.9 0.1 2.9 0.1 3.8 0.1 3.0 0.1
08. Feeding stuff for animals 3.4 0.1 3.2 0.1 3.2 0.1 3.2 0.1 2.7 0.1
09. Miscellaneous edible products and preparations 10.9 0.3 8.8 0.2 9.0 0.2 11.1 0.3 8.0 0.2
1. Beverages and tobacco 7.2 0.2 4.0 0.1 5.3 0.1 7.0 0.2 5.5 0.1
11. Beverages 6.8 0.2 4.0 0.1 5.0 0.1 6.7 0.2 5.5 0.1
2. Crude materials,inedible,except fuels 15.3 0.4 20.3 0.5 19.2 0.4 23.0 0.5 16.9 0.4
21. Hides,skins,furskins,raw 00 5.8 0.1 3.3 0.1 4.7 0.1 1.8 0.0
22. Oil seeds,oleaginous fruits 0.3 0.0 0.5 0.0 0.2 0.0 0.4 0.0 0.2 0.0
23. Crude rubber (incl.synthetic) 7.3 0.2 8.7 0.2 10.1 0.2 8.8 0.2 8.4 0.2
25. Pulp and waste paper 1.5 0.0 1.2 0.0 2.2 0.0 2.9 0.1 1.7 0.0
26. Textile fibres and their wastes 2.3 0.1 0.7 0.0 0.8 0.0 1.2 0.0 0.9 0.0
27. Crude fertilizers and crude minerals 1.3 0.0 1.2 0.0 0.9 0.0 1.8 0.0 1.1 0.0
28. Metalliferous ores and metal scrap 0.8 0.0 0.6 0.0 0.7 0.0 1.1 0.0 2.1 0.0
29. Crude animal,vegetable materials n.e.s. 1.6 0.0 1.5 0.0 0.8 0.0 1.8 0.0 0.6 0.0
3. Mineral fuels etc 922.8 26.3 1,426.1 34.9 1,018.8 22.9 969.8 22.6 913.8 19.7
33. Petroleum and products 860.9 24.5 1,226.3 30.0 904.6 20.4 887.1 20.7 782.0 16.9
34. Gas,natural and manufactured 61.9 1.8 199.9 4.9 114.2 2.6 82.7 1.9 131.8 2.8
4. Animal and vegetable oils and fats 28.0 0.8 30.1 0.7 30.4 0.7 8.5 0.2 31.1 0.7
41. Animal oils and fats 8.1 0.2 5.8 0.1 18.9 0.4 0.3 0.0 15.9 0.3
43. Processed animal or vegetable oils,etc. 19.9 0.6 24.3 0.6 11.5 0.3 8.2 0.2 15.2 0.3
5. Chemicals and related products,n.e.s. 484.5 13.8 491.6 12.0 441.0 9.9 512.5 12.0 452.5 9.8
51. Organic chemicals 73.4 2.1 80.1 2.0 96.0 2.2 88.4 2.1 59.9 1.3
52. Inorganic chemicals 24.0 0.7 20.4 0.5 26.1 0.6 25.4 0.6 12.9 0.3
53. Dyeing,tanning and colouring material 13.4 0.4 9.2 0.2 10.1 0.2 11.1 0.3 9.0 0.2
54. Medicinal and pharmaceutical products 40.4 1.2 86.1 2.1 60.3 1.4 61.3 1.4 75.6 1.6
55. Perfume,cleaning etc.preparations 49.1 1.4 40.6 1.0 31.5 0.7 64.9 1.5 50.2 1.1
57. Plastics in primary forms 81.4 2.3 67.2 1.6 73.2 1.6 71.5 1.7 90.2 1.9
58. Plastics in non-primary forms 30.7 0.9 31.6 0.8 27.7 0.6 27.4 0.6 19.7 0.4
59. Chemical materials and products,n.e.s. 171.9 4.9 156.2 3.8 116.1 2.6 162.2 3.8 134.7 2.9
6. Basic manufactures 107.7 3.1 110.9 2.7 101.0 2.3 108.5 2.5 337.7 7.3
62. Rubber manufactures,n.e.s. 9.6 0.3 12.0 0.3 9.9 0.2 9.6 0.2 9.8 0.2
64. Paper,paperboard and articles thereof 3.0 0.1 2.9 0.1 2.4 0.1 3.0 0.1 2.5 0.1
65. Textile yarn,fabrics,made up articles,etc. 5.9 0.2 4.5 0.1 4.5 0.1 7.2 0.2 3.1 0.1
66. Non-metallic mineral manufactures,n.e.s. 16.5 0.5 18.7 0.5 16.8 0.4 17.7 0.4 243.5 5.3
67. Iron and steel 11.0 0.3 11.6 0.3 10.0 0.2 12.5 0.3 13.7 0.3
68. Non-ferrous metals 22.5 0.6 18.4 0.4 17.2 0.4 20.7 0.5 16.6 0.4
69. Manufactures of metals,n.e.s. 39.1 1.1 42.5 1.0 40.2 0.9 37.4 0.9 48.1 1.0
7. Machinery,transport equipment 1,196.6 34.1 1,361.9 33.3 1,659.8 37.4 1,628.2 38.0 1,632.5 35.2
71. Power generating machinery and equipment 90.3 2.6 97.9 2.4 87.9 2.0 79.1 1.8 56.3 1.2
72. Machinery for specialized industries 225.1 6.4 221.1 5.4 353.5 8.0 386.3 9.0 326.2 7.0
73. Metal working machinery 5.5 0.2 3.3 0.1 5.2 0.1 4.5 0.1 3.6 0.1
74. General industrial machinery n.e.s. 146.2 4.2 160.4 3.9 151.5 3.4 156.2 3.6 177.5 3.8
75. Office machines and adp machines 93.4 2.7 94.0 2.3 129.2 2.9 104.9 2.5 123.2 2.7
76. Telecommunications and sound recording equipment 79.6 2.3 82.9 2.0 95.4 2.1 80.4 1.9 82.6 1.8
77. Electric machinery,n.e.s.and parts 262.3 7.5 292.8 7.2 269.3 6.1 287.6 6.7 273.2 5.9
78. Road vehicles 16.3 0.5 17.6 0.4 17.7 0.4 14.2 0.3 19.1 0.4
79. Other transport equipment 277.8 7.9 391.8 9.6 550.1 12.4 514.9 12.0 570.8 12.3
8. Miscellaneous manufactured articles 392.5 11.2 402.7 9.8 387.2 8.7 469.9 11.0 443.1 9.6
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.6 0.0 0.9 0.0 4.8 0.1 0.9 0.0 0.9 0.0
82. Furniture and parts thereof 2.8 0.1 3.8 0.1 1.9 0.0 3.9 0.1 3.4 0.1
83. Travel goods,handbags and sim.containers 0.6 0.0 1.5 0.0 1.9 0.0 1.5 0.0 0.9 0.0
84. Articles of apparel and clothing accessories 1.7 0.0 1.4 0.0 2.3 0.1 2.5 0.1 1.9 0.0
85. Footwear 1.4 0.0 1.0 0.0 1.3 0.0 0.3 0.0 1.5 0.0
87. Instruments and apparates n.e.s. 213.9 6.1 206.9 5.1 217.2 4.9 233.0 5.4 227.4 4.9
88. Photographic equipment,optical goods etc. 29.0 0.8 22.9 0.6 25.3 0.6 25.5 0.6 25.5 0.6
89. Miscellaneous manufactured articles,n.e.s. 142.4 4.1 164.2 4.0 132.4 3.0 202.2 4.7 181.5 3.9
9. Goods not classified elsewhere 301.5 8.6 192.2 4.7 731.1 16.5 494.2 11.5 760.5 16.4
93. Special transactions and commodities not classified 29.5 0.8 40.2 1.0 44.9 1.0 30.9 0.7 53.5 1.2
96. Coin (not gold coin or legal) 1.4 0.0 1.1 0.0 0.5 0.0 0.5 0.0 1.0 0.0
97. Gold,non-monetary 184.1 5.3 53.4 1.3 589.0 13.3 315.0 7.4 561.9 12.1
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 85.2 2.4 97.1 2.4 95.8 2.2 144.7 3.4 141.9 3.1
0-9. All groups combined 3,506.5 100.0 4,089.8 100.0 4,440.6 100.0 4,282.2 100.0 4,632.4 100.0

Source: US Census Bureau

Table: Import from Singapore (SG) to USA during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 452.8 17.6 373.3 14.2 159.7 7.1 331.8 12.3 191.7 8.2
03. Fish and fish preparations 2.5 0.1 2.5 0.1 2.2 0.1 1.7 0.1 2.1 0.1
04. Cereals and cereal preparations 1.0 0.0 1.1 0.0 0.4 0.0 0.8 0.0 0.5 0.0
07. Coffee,tea,cocoa,spices 0.4 0.0 1.1 0.0 1.1 0.0 2.4 0.1 1.2 0.1
08. Feeding stuff for animals 1.0 0.0 00 00 00 00
09. Miscellaneous edible products and preparations 448.0 17.4 368.6 14.0 155.9 6.9 326.6 12.1 187.9 8.0
2. Crude materials,inedible,except fuels 8.2 0.3 11.3 0.4 9.1 0.4 8.5 0.3 17.3 0.7
23. Crude rubber (incl.synthetic) 7.3 0.3 9.0 0.3 4.3 0.2 5.7 0.2 14.2 0.6
28. Metalliferous ores and metal scrap 0.5 0.0 1.9 0.1 4.4 0.2 2.2 0.1 2.9 0.1
29. Crude animal,vegetable materials n.e.s. 0.2 0.0 0.3 0.0 0.3 0.0 0.5 0.0 0.1 0.0
3. Mineral fuels etc 141.1 5.5 194.3 7.4 192.1 8.5 79.0 2.9 107.0 4.6
33. Petroleum and products 141.1 5.5 194.3 7.4 192.1 8.5 79.0 2.9 107.0 4.6
4. Animal and vegetable oils and fats 2.3 0.1 0.0 0.0 0.0 0.0 0.5 0.0 7.4 0.3
42. Fixed vegetable fats and oils 2.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 7.3 0.3
5. Chemicals and related products,n.e.s. 564.0 21.9 687.8 26.1 642.7 28.6 756.9 28.0 689.5 29.4
51. Organic chemicals 52.2 2.0 58.4 2.2 217.1 9.7 97.7 3.6 233.8 10.0
52. Inorganic chemicals 1.0 0.0 1.7 0.1 2.7 0.1 2.1 0.1 2.5 0.1
53. Dyeing,tanning and colouring material 6.6 0.3 6.6 0.2 2.0 0.1 11.8 0.4 8.8 0.4
54. Medicinal and pharmaceutical products 391.9 15.2 520.3 19.7 334.9 14.9 502.7 18.6 339.3 14.5
55. Perfume,cleaning etc.preparations 5.1 0.2 4.1 0.2 0.2 0.0 4.8 0.2 4.7 0.2
57. Plastics in primary forms 28.3 1.1 19.4 0.7 30.9 1.4 43.3 1.6 26.5 1.1
58. Plastics in non-primary forms 22.4 0.9 14.1 0.5 8.5 0.4 26.1 1.0 24.4 1.0
59. Chemical materials and products,n.e.s. 56.6 2.2 63.1 2.4 46.3 2.1 68.6 2.5 49.6 2.1
6. Basic manufactures 23.0 0.9 26.6 1.0 18.7 0.8 78.7 2.9 19.0 0.8
62. Rubber manufactures,n.e.s. 2.1 0.1 2.7 0.1 2.2 0.1 3.6 0.1 2.2 0.1
64. Paper,paperboard and articles thereof 0.6 0.0 0.5 0.0 0.6 0.0 0.3 0.0 0.2 0.0
65. Textile yarn,fabrics,made up articles,etc. 0.8 0.0 0.2 0.0 0.6 0.0 0.6 0.0 0.8 0.0
66. Non-metallic mineral manufactures,n.e.s. 5.8 0.2 5.1 0.2 3.7 0.2 62.5 2.3 4.4 0.2
67. Iron and steel 1.0 0.0 0.3 0.0 0.6 0.0 0.4 0.0 0.3 0.0
68. Non-ferrous metals 3.5 0.1 11.3 0.4 3.8 0.2 3.3 0.1 3.8 0.2
69. Manufactures of metals,n.e.s. 8.9 0.3 6.5 0.2 6.9 0.3 7.8 0.3 7.2 0.3
7. Machinery,transport equipment 603.0 23.4 547.1 20.8 565.0 25.1 562.7 20.8 547.8 23.4
71. Power generating machinery and equipment 77.1 3.0 33.7 1.3 73.0 3.2 40.0 1.5 41.0 1.8
72. Machinery for specialized industries 152.5 5.9 172.6 6.5 145.7 6.5 135.8 5.0 152.2 6.5
73. Metal working machinery 4.6 0.2 7.7 0.3 3.4 0.1 7.4 0.3 5.4 0.2
74. General industrial machinery n.e.s. 35.5 1.4 34.3 1.3 29.0 1.3 40.0 1.5 34.7 1.5
75. Office machines and adp machines 101.7 4.0 60.0 2.3 63.9 2.8 92.8 3.4 92.5 3.9
76. Telecommunications and sound recording equipment 43.1 1.7 47.2 1.8 41.5 1.8 34.7 1.3 34.1 1.5
77. Electric machinery,n.e.s.and parts 175.0 6.8 177.7 6.7 195.0 8.7 198.1 7.3 174.7 7.5
78. Road vehicles 5.7 0.2 5.5 0.2 4.2 0.2 4.7 0.2 4.4 0.2
79. Other transport equipment 8.0 0.3 8.3 0.3 9.3 0.4 9.2 0.3 8.8 0.4
8. Miscellaneous manufactured articles 464.2 18.0 493.0 18.7 354.2 15.8 496.9 18.4 446.4 19.0
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.4 0.0 0.4 0.0 0.1 0.0 0.9 0.0 0.2 0.0
82. Furniture and parts thereof 1.4 0.1 1.3 0.0 1.8 0.1 1.8 0.1 3.0 0.1
84. Articles of apparel and clothing accessories 0.6 0.0 0.3 0.0 0.1 0.0 0.3 0.0 0.3 0.0
87. Instruments and apparates n.e.s. 227.0 8.8 300.6 11.4 191.9 8.5 274.3 10.1 269.7 11.5
88. Photographic equipment,optical goods etc. 18.7 0.7 23.2 0.9 21.9 1.0 23.2 0.9 23.5 1.0
89. Miscellaneous manufactured articles,n.e.s. 215.9 8.4 166.9 6.3 138.3 6.2 196.2 7.3 149.5 6.4
9. Goods not classified elsewhere 315.2 12.2 301.7 11.4 306.4 13.6 390.3 14.4 317.6 13.6
93. Special transactions and commodities not classified 305.5 11.9 291.2 11.0 297.1 13.2 353.9 13.1 285.0 12.2
97. Gold,non-monetary 1.1 0.0 1.2 0.0 0.7 0.0 1.4 0.1 0.9 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 8.5 0.3 9.3 0.4 8.5 0.4 34.9 1.3 31.5 1.3
0-9. All groups combined 2,573.9 100.0 2,635.4 100.0 2,248.1 100.0 2,705.4 100.0 2,343.9 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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