Largest market shown
Electronic integrated circuits: n.e.c. in heading no. 8542
$28.8B of latest reported imports and $17.5B of calculated three-year opportunity.
Importer opportunity guide
Singapore import opportunities
where to source next
Explore Singapore's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$427.1B2024 reported value
Import CAGR+4.2%Three-year reported change
GDP$547.4BLatest reported value
GDP per capita$90.7KLatest reported value
Trade openness204.3%Reported share of GDP
Singapore import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$427.1B in imports
Singapore recorded $427.1B in imports in 2024, with a three-year change of +4.2%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Singapore imports products from suppliers across major trade regions. The current profile reports $427.1B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 854239Electronic integrated circuits: n.e.c. in heading no. 8542 | $28.8BLatest imports | +4.4% | 85 | 3381 | TWNDeclining | $32.8B |
| 2 | HS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $27.6BLatest imports | +6.4% | 82 | 2396 | TWNDeclining | $33.2B |
| 3 | HS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude | $27.1BLatest imports | +5.1% | 49 | 1614 | USADeclining | $31.5B |
| 4 | HS 271019Product description unavailable | $31.1BLatest imports | +9.1% | 114 | 748 | MYSDeclining | $40.4B |
| 5 | HS 854232Electronic integrated circuits: memories | $11.2BLatest imports | +3.4% | 54 | 3868 | TWNDeclining | $12.4B |
| 6 | HS 841191Turbines: parts of turbo-jets and turbo-propellers | $8.5BLatest imports | +13.1% | 71 | 3159 | USADeclining | $12.3B |
| 7 | HS 271012Product description unavailable | $20.6BLatest imports | +8.9% | 52 | 1067 | CHNDeclining | $26.5B |
| 8 | HS 851712Telephones for cellular networks or for other wireless networks | $5.1BLatest imports | +9.4% | 83 | 7163 | CHNGrowing | $6.7B |
| 9 | HS 880330Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $5.1BLatest imports | +7.9% | 122 | 5256 | USADeclining | $6.3B |
| 10 | HS 841112Turbo-jets: of a thrust exceeding 25kN | $5.4BLatest imports | +18.7% | 27 | 3342 | USADeclining | $9.1B |
| 11 | HS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $2.7BLatest imports | +33.1% | 6 | 6028 | IDNDeclining | $5.3B |
| 12 | HS 271111Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $4.0BLatest imports | +17.8% | 15 | 3277 | QATDeclining | $6.5B |
| 13 | HS 847149Data processing machines: digital, automatic, (not portable, analogue or hybrid), presented in the form of systems, n.e.s. in item no. 8471.41 | $2.7BLatest imports | +16.6% | 66 | 5430 | TWNDeclining | $4.3B |
| 14 | HS 710813Metals: gold, semi-manufactured | $9.5BLatest imports | +9.3% | 42 | 1417 | AUSDeclining | $12.4B |
| 15 | HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $5.4BLatest imports | +5.2% | 21 | 3464 | CHNDeclining | $6.3B |
| 16 | HS 847150Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | $6.6BLatest imports | +10.7% | 81 | 1969 | TWNDeclining | $8.9B |
| 17 | HS 710812Metals: gold, non-monetary, unwrought (but not powder) | $9.5BLatest imports | +8.6% | 28 | 1398 | USADeclining | $12.2B |
| 18 | HS 847180Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $3.9BLatest imports | +9.8% | 84 | 3361 | TWNGrowing | $5.2B |
| 19 | HS 848690Machines and apparatus of heading 8486: parts and accessories | $4.0BLatest imports | +19.8% | 93 | 2215 | MYSDeclining | $6.8B |
| 20 | HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $5.7BLatest imports | +18.4% | 116 | 1362 | CHNGrowing | $9.5B |
| 21 | HS 854233Electronic integrated circuits: amplifiers | $2.6BLatest imports | +4.6% | 55 | 5411 | KORDeclining | $3.0B |
| 22 | HS 880240Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg | $2.5BLatest imports | +3.6% | 17 | 6055 | USADeclining | $2.8B |
| 23 | HS 848620Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits | $3.3BLatest imports | +17.1% | 34 | 1816 | MYSDeclining | $5.3B |
| 24 | HS 890120Tankers | $2.9BLatest imports | +10.3% | 12 | 2880 | CHNDeclining | $3.9B |
| 25 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $1.9BLatest imports | -1.4% | 88 | 7423 | CHNDeclining | $1.8B |
| 26 | HS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $1.8BLatest imports | +6.1% | 89 | 4520 | CHNStable | $2.1B |
| 27 | HS 950300Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds | $1.1BLatest imports | +7.8% | 93 | 8592 | CHNDeclining | $1.4B |
| 28 | HS 290919Ethers: acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, other than diethyl ether | $2.0BLatest imports | +11.1% | 26 | 2849 | CHNDeclining | $2.8B |
| 29 | HS 293399Heterocyclic compounds: n.e.c. in headings no. 2933 | $875.7MLatest imports | +15.5% | 35 | 9034 | INDDeclining | $1.3B |
| 30 | HS 300220Vaccines: for human medicine | $1.7BLatest imports | +26.9% | 37 | 2834 | IRLDeclining | $3.4B |
| 31 | HS 740311Copper: refined, unwrought, cathodes and sections of cathodes | $1.3BLatest imports | +3.8% | 23 | 6813 | CODDeclining | $1.5B |
| 32 | HS 151800Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils | $1.2BLatest imports | +25.5% | 33 | 3359 | CHNDeclining | $2.3B |
| 33 | HS 330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $1.9BLatest imports | +9.3% | 104 | 2457 | FRADeclining | $2.5B |
| 34 | HS 841199Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) | $1.6BLatest imports | +11.0% | 67 | 2869 | USADeclining | $2.1B |
| 35 | HS 847330Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $4.1BLatest imports | -1.5% | 108 | 1610 | CHNDeclining | $4.0B |
| 36 | HS 910121Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal | $858.7MLatest imports | +6.0% | 49 | 9276 | CHEDeclining | $1.0B |
| 37 | HS 711319Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $4.1BLatest imports | +5.9% | 84 | 1133 | MYSDeclining | $4.8B |
| 38 | HS 854290Parts of electronic integrated circuits | $2.4BLatest imports | +2.1% | 70 | 2352 | TWNSlowing | $2.5B |
| 39 | HS 271112Petroleum gases and other gaseous hydrocarbons: liquefied, propane | $474.5MLatest imports | +25.8% | 15 | 8334 | USADeclining | $926.7M |
| 40 | HS 681091Cement, concrete or artificial stone: prefabricated structural components for building or civil engineering, whether or not reinforced | $511.8MLatest imports | +16.5% | 17 | 9800 | MYSDeclining | $809.7M |
| 41 | HS 910221Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding | $667.9MLatest imports | +6.8% | 62 | 8812 | CHEDeclining | $814.6M |
| 42 | HS 860900Containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport | $743.5MLatest imports | +6.4% | 59 | 7141 | CHNGrowing | $894.7M |
| 43 | HS 310210Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution | $509.5MLatest imports | +13.1% | 25 | 9769 | QATDeclining | $736.8M |
| 44 | HS 330300Perfumes and toilet waters | $1.1BLatest imports | +7.5% | 80 | 3017 | FRADeclining | $1.4B |
| 45 | HS 702000Glass: articles n.e.c. in chapter 70 | $616.7MLatest imports | +11.8% | 58 | 6537 | VNMDeclining | $861.4M |
| 46 | HS 890520Floating or submersible drilling or production platforms | $1.0BLatest imports | +8.2% | 9 | 3363 | BRADeclining | $1.3B |
| 47 | HS 844399Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $1.4BLatest imports | +8.3% | 74 | 2288 | MYSDeclining | $1.8B |
| 48 | HS 730890Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $1.2BLatest imports | +8.2% | 62 | 3191 | THADeclining | $1.6B |
| 49 | HS 870380Vehicles: with only electric motor for propulsion | $539.5MLatest imports | +37.4% | 19 | 4216 | CHNDeclining | $1.1B |
| 50 | HS 854370Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543 | $1.3BLatest imports | +5.9% | 93 | 2385 | IDNDeclining | $1.5B |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| Electrical equipmentHS2 85 | 9 | $86.4B | $50.6B | +6.7% |
| MachineryHS2 84 | 11 | $43.4B | $27.3B | +11.1% |
| Mineral fuelsHS2 27 | 4 | $34.3B | $16.6B | +20.5% |
| HS2 sector 00HS2 00 | 2 | $51.7B | $13.1B | +9.0% |
| Precious stones and metalsHS2 71 | 3 | $23.1B | $6.8B | +7.9% |
| AircraftHS2 88 | 2 | $7.6B | $6.7B | +5.7% |
| ShipsHS2 89 | 3 | $9.4B | $5.2B | +7.9% |
| Organic chemicalsHS2 29 | 2 | $2.9B | $2.6B | +13.3% |
| Essential oils and cosmeticsHS2 33 | 2 | $3.0B | $1.8B | +8.4% |
| Clocks and watchesHS2 91 | 2 | $1.5B | $1.8B | +6.4% |
| Toys and sports equipmentHS2 95 | 1 | $1.1B | $1.3B | +7.8% |
| Pharmaceutical productsHS2 30 | 1 | $1.7B | $1.3B | +26.9% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 681091Cement, concrete or artificial stone: prefabricated structural components for building or civil engineering, whether or not reinforced | $511.8M | 17 | 9800 | MYS | 99.0% |
| HS 310210Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution | $509.5M | 25 | 9769 | QAT | 98.8% |
| HS 910121Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal | $858.7M | 49 | 9276 | CHE | 96.3% |
| HS 293399Heterocyclic compounds: n.e.c. in headings no. 2933 | $875.7M | 35 | 9034 | IND | 95.0% |
| HS 910221Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding | $667.9M | 62 | 8812 | CHE | 93.9% |
| HS 950300Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds | $1.1B | 93 | 8592 | CHN | 92.7% |
| HS 271112Petroleum gases and other gaseous hydrocarbons: liquefied, propane | $474.5M | 15 | 8334 | USA | 91.1% |
| HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $1.9B | 88 | 7423 | CHN | 85.9% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
TWN
Taiwan
7 screened products
$47.0BCalculated opportunity across these rowsUSA
USA, Puerto Rico and US Virgin Islands
8 screened products
$30.4BCalculated opportunity across these rowsCHN
China
13 screened products
$27.6BCalculated opportunity across these rowsMYS
Malaysia
6 screened products
$13.8BCalculated opportunity across these rowsIDN
Indonesia
2 screened products
$4.5BCalculated opportunity across these rowsQAT
Qatar
2 screened products
$3.8BCalculated opportunity across these rowsAUS
Australia
1 screened products
$3.0BCalculated opportunity across these rowsKOR
Republic of Korea
1 screened products
$2.2BCalculated opportunity across these rowsFrequently asked questions
Using the Singapore import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Singapore's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Singapore.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.