Singapore
13.5M €
Exports
2022
2004 January2023 September
17.1M €
Imports
2022
2004 January2023 September
Singapore is the 65th largest export partner of Estonia. In 2022, Estonia's exports to Singapore amounted to €13.5M and imports from Singapore to €17.1M, resulting in negative trade balance of €3.59M.
Exports
2022
In 2022, Estonia's exports to Singapore amounted to €13.5M, making it the 65th largest export partner in the world. Compared to the previous year, exports from Estonia to Singapore experienced decline at an annualized rate of 91.7%, from €162M in 2021 to €13.5M in 2022. Most recently, exports were led by electrical control boards, which represent 34.8% of the total exports to Singapore, followed by optical fibres and optical fibre bundles; optical ..., which account for 18.8%.
Imports
2022
In 2022, Estonia's imports from Singapore ammounted to €17.1M, making it the 50th largest import partner in the world. Compared to the previous year, imports from Singapore to Estonia experienced growth at an annualized rate of 16.7%, from €14.6M in 2021 to €17.1M in 2022. Most recently, imports were led by integrated circuits, which represent 52.6% of the total imports from Singapore, followed by coins, which account for 52.6%.
Trade Balance
As of 2023 September, Estonia had positive trade balance of €1.26M with Singapore. In 2022 September, it had positive trade balance of €496k.
