Singapore: Trade and Commodities Overview

Singapore is Asia's oil trading and refining hub and the world's largest bunkering port.

CapitalSingapore
CurrencySingapore dollar (SGD)
LanguagesEnglish, Malay, Mandarin, Tamil
RegionAsia-Pacific

Why Singapore matters for trade

  • Price assessments for Asian oil products are made in Singapore
  • Regional headquarters of most commodity traders and banks
  • Largest marine fuel market

What Singapore sells and buys

Main exportsMain imports
Refined products, Petrochemicals, ElectronicsCrude oil, Refined products, LNG

Main ports and routes

Port of Singapore.

Coming in the full guide

We are expanding this overview into a full country guide with trade values and product groups, opportunities, company setup, government procedures, ministries and official websites, how to find partners, business culture and recent trade updates.

TradeScout24 Insights · Country overview; figures will be added from DEİK, business council and national sources · Last reviewed 31 Oct 2026

We welcome relevant questions, market observations and professional discussion. Comments are reviewed before publication. Please do not post confidential documents, personal contact details, unsolicited offers or promotional links. For sourcing enquiries and trade opportunities, please use TradeScout24.com.

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