Singapore

39.2M €
Exports
2020
2004 January2021 February
12.3M €
Imports
2020
2004 January2021 February

Infograafikud

Singapore is the 24th largest export partner of Estonia. In 2020, Estonia's exports to Singapore amounted to €39.2M and imports from Singapore to €12.3M, resulting in positive trade balance of €26.9M.

Exports

2020

In 2020, Estonia's exports to Singapore amounted to €39.2M, making it the 24th largest export partner in the world. Compared to the previous year, exports from Estonia to Singapore experienced decline at an annualized rate of 56.7%, from €90.6M in 2019 to €39.2M in 2020. Most recently, exports were led by refined petroleum products, which represent 38.7% of the total exports to Singapore, followed by oils and other products of coal tar, which account for 36.3%.

Imports

2020

In 2020, Estonia's imports from Singapore ammounted to €12.3M, making it the 39th largest import partner in the world. Compared to the previous year, imports from Singapore to Estonia experienced decline at an annualized rate of 36.3%, from €19.3M in 2019 to €12.3M in 2020. Most recently, imports were led by integrated circuits, which represent 91.7% of the total imports from Singapore, followed by coins, which account for 91.7%.

Trade Balance

As of 2021 February, Estonia had positive trade balance of €17.1M with Singapore. In 2020 February, it had positive trade balance of €752k.