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Market Briefing

MARKET BRIEFING

SINGAPORE

GENERAL INFORMATION

Location: Southeastern Asia, islands between Malaysia and Indonesia

Area (km2): 692.7

Capital: Singapore

Population (thousand): 4,163.7

MAIN ECONOMIC INDICATORS 2001

Gross Domestic Product (million US dollars)

85,648

Real GDP growth (%)

-2.0

GDP per capita ( current USD)

20,732

Inflation (%)

1.0

Average exchange rate

1.7917

Foreign trade 2001

(Unit: million USD)

Trade balance

Exports

121,687

Imports

115,919

Trade Balance

5,768

(Unit: million USD)

Commodities

Export

Percentage

Import

Percentage

Oil

12,543

10.31

14,578

12.58

Non-Oil

109,144

89.69

101,341

87.42

Food, beverages & tobacco

2,572

2.11

4,019

3.47

Crude Materials

878

0.72

736

0.64

Animal & Vegetable Oils

190

0.16

186

0.16

Chemicals &Chemical products

9,841

8.09

6,799

5.86

Manufactured goods

5,263

4.33

8,511

7.34

Machinery & Transport

equipment

78,484

64.50

69,170

59.67

Miscellaneous manufactured goods

10,627

8.73

10,337

8.92

Miscellaneous transaction articles

1,846

1.52

1,583

1.37

TOTAL

121,687

100.00

115,919

100.00

 

Leading markets

Percentage

Leading suppliers

Percentage

Malaysia

17.3

Malaysia

17.3

US

15.4

US

16.4

Hong Kong

8.9

Japan

13.9

Japan

7.7

Thailand

4.5

 

(Unit: thousand USD)

MACAO-SINGAPORE BILATERAL TRADE

Export

2000

2001

2001 Jan-Oct

2002 Jan-Oct

Exports to Singapore

15,081

13,009

11,456

7,531

Imports from Singapore

57,977

63,299

55,820

59,454

Trade Balance

(42,896)

(50,289)

(44,364)

(51,923)

% in Total Macao Exports

0.60

0.57

0.61

0.39

% in Total Macao Imports

2.58

2.66

2.81

2.86

(Unit: thousand USD)

Trade by Main Categories & Products

 

2000

2001

2001

Jan-Oct

2002

Jan-Oct

%

Growth rate (%)

Exports

           

Office & automatic data processing

machines and appliances

1,342.49

861.03

774.98

463.01

6.15

(40.26)

Garments, knitted or crocheted

210.41

187.71

171.23

137.15

1.82

(19.90)

Garments, not knitted or crocheted

274.10

260.93

232.42

128.82

1.71

(44.58)

Radios, television sets, etc

67.80

61.98

60.74

51.91

0.69

(14.54)

Footwear

15.25

61.64

61.64

0.00

0.00

(100.00)

Other Products

13,170.82

11,575.87

10,154.98

6,749.71

89.63

(33.53)

Total

15,080.88

13,009.17

11,455.99

7,530.60

100.00

(34.27)

Imports

           

Foodstuffs,

beverages and tobacco

1,444.50

1,516.12

1,267.80

1,583.90

2.66

24.93

Other consumer goods

987.93

1,220.72

968.95

3,741.29

6.29

286.12

Raw Materials and semi-manufactured products

4,544.38

8,550.78

7,980.57

6,353.72

10.69

(20.39)

Fuels and lubricants

48,175.45

46,716.37

40,744.16

39,751.88

66.86

(2.44)

Capital goods

2,824.81

5,294.59

4,858.90

8,023.14

13.49

65.12

Total

57,977.07

63,298.57

55,820.38

59,453.93

100.00

6.51

USEFUL CONTACTS

SINGAPORE DEPARTMENT OF STATISTICS

Address: 100 High Street #05-0, The Treasury, Singapore 179434

Telephone: (65) 6 332 7686

Fax: (65) 6 332 7689

E-mail: info@singstat.gov.sg

Website: http://www.singstat.gov.sg

Source

* SINGAPORE DEPARTMENT OF STATISTICS

MACAO ECONOMIC SERVICES