Singapore: second most competitive economy in the World. Singaporean Foreign Trade,
Logistics
Singapore is the second most competitive economy in the World and the most competitive small economy in the World.
Singapore consistently scores at the top levels in global and regional rankings. These range from
political
Risk
to workforce productivity, from quality of life to forecasts for making profits
More than 26,000 international firms are established in Singapore
Singaporean Free Trade Agreements (as an ASEAN member):
Australia-New Zealand, Canada, China, Hong Kong, India, the EU, Japan, Korea, Russia, and Pakistan
Singapore has a significant Confucianism influence on his culture
Singapore belongs to Buddhist Civilization / Sinic Civilization
Singaporean Economy:
Singapore is the second most competitive economy (World Competitiveness Yearbook), the seventh most competitive economy (Global Competitiveness), and the ninth in the Business Competitiveness Index
The economy of Singapore is the second freest economy in the World (Heritage Foundation)
Singapore is a world leader in all the ten fields of economic freedom
Currency: Singapore Dollar (SGD)
Singaporean GDP by sector
Services: 75%
Industry: 25%
International Trade of Singapore
Top exports of Singapore: electronics, chemicals, and services
Top
trade partners of Singapore: France, Germany, the UK, Indonesia, Malaysia, Thailand, Japan, Hong Kong, South Korea, Taiwan, China, Saudi Arabia, the United States, and Australia
Singapore has in force several Free Trade Agreements.
Singapore has the most extensive Free Trade Agreement network in Asia. Trade Agreements have been signed with the United States, Japan, Australia, New Zealand, EFTA, Jordan, China, Chile, South Korea, India, and Panama.
Singapore Free Trade Agreements (Concluded/Signed)
- Costa Rica
- Gulf Cooperation Council