September 2013
Singapore
                         
BASIC INDICATORS
Population (thousands, 2012)  5 312 Rank in world trade, 2012 Exports Imports
GDP (million current US$, 2012)  274 701 Merchandise  14 15
GDP (million current PPP US$, 2012)  328 323 excluding intra-EU trade 9 10
Current account balance (million US$, 2005)  26 429 Commercial services 12 9
Trade per capita (US$, 2010-2012)  189 391 excluding intra-EU trade 7 6
Trade to GDP ratio (2010-2012)   400.2
Annual percentage change
2012   2005-2012 2011 2012
Real GDP (2005=100)   146 6 5 1
Exports of goods and services (volume, 2005=100)   144 5 3 0
Imports of goods and services (volume, 2005=100)   145 5 4 3
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2013) 2.266
Trade Policy Review 24, 26 July 2012 Import duties collected (%, 2009-2011)
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 2012 Outstanding notifications in WTO Central Registry   4
Simple average of import duties Goods RTAs - services EIAs notified to WTO 20 - 16
All goods   10.2   0.2 Anti-dumping (30 June 2012) ...
Agricultural goods (AOA)   26.5   1.4 Countervailing duties (30 June 2012) ...
Non-agricultural goods   6.4   0.0 Safeguards (6 November 2012)   0
Non ad-valorem duties (% total tariff lines)   0.5   0.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2011) Requests for consultation 1 - 0
in agricultural goods (AOA)   98.7 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
2012   2005-2012 2011 2012
Merchandise exports, f.o.b. (million US$)  408 393 9 16 0
Merchandise imports, c.i.f. (million US$)  379 723 10 18 4
2012   2012
Share in world total exports    2.22 Share in world total imports  2.04
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   2.4 Agricultural products 3.7
Fuels and mining products   19.6 Fuels and mining products 34.2
Manufactures   69.2 Manufactures 59.7
  By main destination   By main origin
1. Malaysia   12.3 1. European Union (27)   12.6
2. Hong Kong, China   11.0 2. Malaysia   10.6
3. China   10.8 3. China   10.3
4. Indonesia   10.6 4. United States   10.2
5. European Union (27)   9.2 5. Korea, Republic of   6.7
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2012   2005-2012   2011 2012
Commercial services exports (million US$)  a  111 932   ... 15 3
Commercial services imports (million US$)  a  117 744   ... 17 3
2012   2012
Share in world total exports   2.57   Share in world total imports 2.84
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   38.0   Transportation 30.0
Travel   17.2   Travel 19.0
Other commercial services   44.8   Other commercial services 51.0
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2011 Trademark registrations by office, 2011
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  484  5 465  5 949  2 831  4 995  5 902  13 728
                         
a  Break in series for commercial services: 2009.