Top Import Products of Singapore

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10-Apr-2025

Overview

Singapore

As the Singapore import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Integrated Circuits: 18%

> Refined Petroleum: 14%

> Pharmaceuticals: 11%

> Computer Equipment: 10%

> Chemical Products: 9%

> Machinery and Equipment: 8%

> Telecommunication Equipment: 7%

> Optical and Medical Instruments: 6%

> Plastics and Articles: 5%

> Food and Beverages: 4%

These top 10 import items represented a significant 92% of Singapore's total import value for 2023. When analyzing Singapore's customs records, it's evident that the fastest-growing import categories were Integrated Circuits (USD 45 billion), Refined Petroleum (USD 35 billion), and Pharmaceuticals (USD 27.5 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Integrated Circuits, Refined Petroleum, Pharmaceuticals, as well as Computer Equipment.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Singapore’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of singapore

Top Import Products of Singapore

YOY comparison of growth and share of top Import Products of Singapore

MOM comparison of growth and share of top Import Products of Singapore

Import Products of Singapore
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Other vegetables, Fresh or chilled HSN Code: 07099990 07099300 07096010 Importers : Singapore Importers 1,003 Singapore Importers Shipment 1,896,518	Value	$37,510,112.73	$89,857,193.72	-58.26%	0.03%	0.07%
	Shipment	40,380	26,497	52.39%	0.88%	0.94%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85365096 85362030 85366992 Importers : Singapore Importers 3,024 Singapore Importers Shipment 537,027	Value	$655,004,268.95	$5,420,049,040.37	-87.92%	0.48%	4.11%
	Shipment	217,997	123,234	76.90%	4.75%	4.37%
T-shirts, Singlets and other vests, Knitted or crocheted HSN Code: 61091010 61091020 61099020 Importers : Singapore Importers 2,934 Singapore Importers Shipment 519,866	Value	$221,934,609.15	$737,558,557.5	-69.91%	0.16%	0.56%
	Shipment	68,744	44,012	56.19%	1.50%	1.56%
Bread, Pastry, Cakes, Biscuits and other bakers’ wares, Whether or not containing cocoa; communion wafers, Empty cachets of a kind suitable for pharmaceutical use, Sealing wafers, Rice paper and similar products HSN Code: 19059090 19059030 19059080 Importers : Singapore Importers 2,490 Singapore Importers Shipment 460,399	Value	$113,728,763.89	$192,912,101.45	-41.05%	0.08%	0.15%
	Shipment	28,554	11,337	151.87%	0.62%	0.40%
Other articles of plastics and articles of other materials of headings 3901 to 3914 HSN Code: 39269099 39263000 39269059 Importers : Singapore Importers 7,771 Singapore Importers Shipment 399,810	Value	$334,923,226.95	$1,670,366,134.07	-79.95%	0.24%	1.27%
	Shipment	120,299	85,263	41.09%	2.62%	3.02%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30041090 30042099 Importers : Singapore Importers 1,714 Singapore Importers Shipment 396,108	Value	$740,954,940.78	$808,034,601.37	-8.30%	0.54%	0.61%
	Shipment	144,220	167,054	-13.67%	3.15%	5.92%
Other furniture and parts thereof HSN Code: 94036090 94035000 94039090 Importers : Singapore Importers 4,449 Singapore Importers Shipment 362,327	Value	$200,015,804.54	$1,291,844,520.34	-84.52%	0.15%	0.98%
	Shipment	45,301	42,953	5.47%	0.99%	1.52%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swimwear) ---- suits : HSN Code: 62041990 62046900 62044300 Importers : Singapore Importers 4,398 Singapore Importers Shipment 350,672	Value	$1,070,324,183.19	$415,890,301.99	157.36%	0.78%	0.32%
	Shipment	87,518	16,356	435.08%	1.91%	0.58%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swim wear), Knitted or crocheted ---- suits : HSN Code: 61046200 61044200 61046300 Importers : Singapore Importers 1,204 Singapore Importers Shipment 302,468	Value	$122,103,828.95	$484,412,969.12	-74.79%	0.09%	0.37%
	Shipment	31,957	22,809	40.11%	0.70%	0.81%
HSN Code: Importers : Singapore Importers 4,948 Singapore Importers Shipment 279,678	Value	$0	$0	0%	0.00%	0.00%
	Shipment	116,574	135,622	-14.04%	2.54%	4.81%
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc HSN Code: 85177921 85176290 85171300 Importers : Singapore Importers 2,606 Singapore Importers Shipment 254,520	Value	$1,204,104,098.86	$1,501,955,404.31	-19.83%	0.87%	1.14%
	Shipment	101,534	59,823	69.72%	2.21%	2.12%
Parts suitable for use solely or principally with the apparatus of headings 8535, 8536 or 8537 HSN Code: 85389011 85389012 85389013 Importers : Singapore Importers 1,130 Singapore Importers Shipment 227,005	Value	$214,389,051.33	$1,026,016,936.33	-79.10%	0.16%	0.78%
	Shipment	96,174	46,407	107.24%	2.10%	1.65%
Jerseys, Pullovers, Cardigans, Waistcoats and similar articles, Knitted or crocheted ---- of wool or fine animal hair : HSN Code: 61102000 61103000 61101100 Importers : Singapore Importers 1,141 Singapore Importers Shipment 222,578	Value	$225,395,681.23	$578,661,530.58	-61.05%	0.16%	0.44%
	Shipment	39,895	30,793	29.56%	0.87%	1.09%
Cabbages, Cauliflowers, Kohlrabi,Kale and similar edible brassicas, Fresh or chilled HSN Code: 07049090 07041010 07041020 Importers : Singapore Importers 292 Singapore Importers Shipment 210,187	Value	$0	$0	0%	0.00%	0.00%
	Shipment	0	0	0%	0.00%	0.00%
Insulated (including enamelled or anodised) wire, Cable (including co-axial cable) and other insulated electric conductors, Whether or not fitted with connectors; optical fibre cables, Made up of individually sheathed fibres, Whether or not assembled with HSN Code: 85444299 85444942 85444941 Importers : Singapore Importers 2,757 Singapore Importers Shipment 208,086	Value	$499,422,684.8	$785,127,436	-36.39%	0.36%	0.60%
	Shipment	87,606	31,999	173.78%	1.91%	1.13%

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