October 2011
Singapore
                         
BASIC INDICATORS
Population (thousands, 2010)  5 077 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  222 699 Merchandise  14 15
GDP (million current PPP US$, 2010)  291 937 excluding intra-EU trade 9 9
Current account balance (million US$, 2009)  32 628 Commercial services 10 11
Trade per capita (US$, 2008-2010)  161 763 excluding intra-EU trade 6 6
Trade to GDP ratio (2008-2010)   404.9
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   136 6 -1 14
Exports of goods and services (volume, 2005=100)   138 7 -8 19
Imports of goods and services (volume, 2005=100)   136 6 -11 17
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 2.202
Trade Policy Review 14, 16 July 2008 Import duties collected (%, 2007-2009)
GPA accession  20 October 1997 in total tax revenue 0.0
Tariffs and duty free imports to total imports 0.0
Tariff binding coverage (%)    69.7 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   15
Simple average of import duties Goods RTAs - services EIAs notified to WTO 19 - 15
All goods   9.9   0.0 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   24.6   0.2 Countervailing duties (30 June 2010) ...
Non-agricultural goods   6.4   0.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.5   0.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 1 - 0
in agricultural goods (AOA)   98.5 Original panel / Appellate Body (AB) reports 0 - 0
in non-agricultural goods   100.0 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   67 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  351 867 9 -20 30
Merchandise imports, c.i.f. (million US$)  310 791 9 -23 26
2010   2010
Share in world total exports    2.31 Share in world total imports  2.02
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   2.2 Agricultural products 3.5
Fuels and mining products   17.3 Fuels and mining products 27.6
Manufactures   72.2 Manufactures 64.9
  By main destination   By main origin
1. Malaysia   11.9 1. European Union (27)   12.3
2. Hong Kong, China   11.7 2. Malaysia   11.7
3. China   10.3 3. United States   11.5
4. European Union (27)   10.0 4. China   10.8
5. Indonesia   9.4 5. Japan   7.9
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  111 912   15 -6 20
Commercial services imports (million US$)  96 105   12 -9 21
2010   2010
Share in world total exports   3.03   Share in world total imports 2.74
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   29.2   Transportation 29.5
Travel   12.6   Travel 17.4
Other commercial services   58.2   Other commercial services 53.1
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2009 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  473  5 136  5 609  3 646  5 877  5 139  14 662