Singapore

162M €
Exports
2021
2004 January2022 July
14.6M €
Imports
2021
2004 January2022 July

Infograafikud

Singapore is the 20th largest export partner of Estonia. In 2021, Estonia's exports to Singapore amounted to €162M and imports from Singapore to €14.6M, resulting in positive trade balance of €148M.

Exports

2021

In 2021, Estonia's exports to Singapore amounted to €162M, making it the 20th largest export partner in the world. Compared to the previous year, exports from Estonia to Singapore experienced growth at an annualized rate of 315%, from €39.1M in 2020 to €162M in 2021. Most recently, exports were led by oils and other products of coal tar, which represent 70.7% of the total exports to Singapore, followed by refined petroleum products, which account for 23%.

Imports

2021

In 2021, Estonia's imports from Singapore ammounted to €14.6M, making it the 45th largest import partner in the world. Compared to the previous year, imports from Singapore to Estonia experienced growth at an annualized rate of 19%, from €12.3M in 2020 to €14.6M in 2021. Most recently, imports were led by integrated circuits, which represent 39.7% of the total imports from Singapore, followed by coins, which account for 39.7%.

Trade Balance

As of 2022 July, Estonia had positive trade balance of €531k with Singapore. In 2021 July, it had positive trade balance of €44.7M.