Singapore: Exports to USA, to China, and Singapore ReExports

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 Singapore's Re-Exports

Singapore's Re-Exports are goods that are imported and re-exported without physical transformation. The definition excludes as re-exports, even goods with minor physical transformations such as sorting, grading and repackaging.  So what enables Singapore companies to function as a middle-man to re-export goods? Their value-add arises from their role as agents, and appointments by MNCs as distributors for the region. Their value add may also come from granting credit facilties, providing logistical services, and in general connecting producers from other countries to the rest of the world. Re-exports exemplifies Simgapore's role as a major trading hub for the region. The graphic above shows Singapore's rexports are still growing despite the countries in the region becoming more developed in their economies.  

Singapore's exports to China and USA compared

The chart above shows the value of Singapore's exports to US and China in USD. Even before MAGA Man started his Tariff War in April 2025, Singapore's exports to USA have been declining. From 2022 to 2024, SG's exports to USA was -2.82% while exports to China increased by 10.49%.  In 2024, as a percentage of Singapore's total exports to the World,  exports to China constituted 14% and to USA only 8.72%. 



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