Main competitors of Vietnamese goods in Singapore

Singapore's Largest Import Sources

Singapore's strategic location in Southeast Asia gives it considerable advantages in trade, especially with neighboring Asian countries. Thanks to geographic proximity and close regional economic linkages, most goods imported into Singapore come from Asian countries and territories. In 2025, total imports from this region accounted for more than 66% of Singapore’s import value. Notably, among Singapore’s top 10 largest import partners, as many as eight countries/territories were in Asia, accounting for about 60% of the country’s total import turnover. With a modest share of only around 2% of Singapore’s imports, Viet Nam is not yet among the country’s major import partners.

In addition, thanks to its modern logistics infrastructure, large-scale seaports and airports - notably the Port of Singapore (PSA) and Changi Airport - Singapore is able to receive goods from all over the world, including countries in the Americas and Europe, despite their geographical distance. The United States and France are two non-Asian countries that still rank among Singapore's top 10 import partners, accounting for 12.2% and 2.84%, respectively, of the country's total imports.

Table: Top 10 Countries from Which Singapore Imports the Most in 2025

No.

Import Partners

Import value in 2025 (USD billion)

Share in Singapore's total imports

1

Taiwan, China

81.01

16.08%

2

China

62.75

12.46%

3

Malaysia

55.03

10.92%

4

United States

53.64

10.65%

5

Republic of Korea

32.49

6.45%

6

Japan

25.24

5.01%

7

Indonesia

19.23

3.82%

8

United Arab Emirates (UAE)

15.65

3.11%

9

Thailand

13.41

2.66%

10

France

13.38

2.66%

Source: ITC Trade Map, 2026

FTA Partners

Singapore is regarded as one of the countries with the most open trade policies and deepest integration in the world, as clearly reflected in its extensive network of free trade agreements (FTAs), with a total of 28 signed and effective FTAs as of June 2025 (Ministry of Trade and Industry of Singapore, 2025).

Singapore's FTA partners span the globe and include many of the world's leading developed economies, such as the United States, the European Union, the EFTA bloc, China, Japan, the Republic of Korea, MERCOSUR, and the Gulf Cooperation Council (GCC).

This extensive FTA network gives Singapore major advantages in maintaining the free flow of trade, expanding market access, and attracting foreign investment, but it also creates an intensely competitive environment in Singapore.

Enterprises may find detailed information on Singapore's FTA network on the website of the Ministry of Trade and Industry of Singapore at the following link: https://www.mti.gov.sg/Trade/Free-Trade-Agreements.

Source: Center for WTO and International Trade - VCCI