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Wholesale Trade
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Go Global

Singapore supports the global exchange of goods and welcomes international trading companies to set up bases here. Learn how your company can capitalise on Singapore’s Free Trade Agreements with our trading partners to expand your business-to-business trade in a wide range of sectors.

Free Trade Agreements
 

Free Trade Agreements (FTAs) are treaties between two or more economies to reduce or remove trade barriers. As parties to FTAs, the trading markets become more accessible and lucrative to traders from both states. FTAs can help your export business grow by:

  • Making your exports cheaper with the reduction or removal of tariffs.
  • Giving you easier entry into your export market with relaxed regulations.
  • Providing preferential trade commitments from our FTA partners, thus ensuring business stability.
  • Protecting and promoting investment.

Singapore has implemented 22 FTAs which you can use to grow your export business to 32 countries. A number of FTAs have yet to be ratified, or are still at the negotiation stage.

Key Sectors in Singapore’s Wholesale Trade
 
Agriculture Materials - Agricultural Raw Materials
 

Why Singapore?

  • Asia Pacific hub for grains, palm oil, rubber and sugar.
  • World’s pricing hub for rubber.
  • Home to 70% of the top agri-commodities trading companies, with 20% share of global agri-commodities trade.

Key Players Based Here:
Bunge, Olam and Wilmar

Agriculture Materials - Food & Beverage (F&B)
 

Why Singapore?

  • Ranked 4th globally for global food security in 2017.
  • Rigorous food safety standards and certification.

Key Players Based Here:
Coca Cola, Nestle, Pepsi

Energy & Chemicals
 

Why Singapore?

  • Home to 80% of the world’s top 30 oil & gas companies.
  • Asia's largest physical oil trading hub and price discovery centre.
  • Asia's largest concentration of oil storage, with 10 million m3 of independent oil storage capacity.
  • World's largest bunkering port.

Key Players Based Here:
Hin Leong, Shell, Vitol

General Merchandise
 

Why Singapore?

  • Key hub for import and export of general merchandise.

Key Players Based Here:
Cargill, Sime Darby, Unilever

Household Goods (Personal Effects, Pharmaceutical, Textiles)
 

Why Singapore?

  • Global pharmaceutical manufacturing base.
  • Regional base for consumer businesses to reach out to their markets in Asia.
  • Reputation for being safe, reliable, and trustworthy.
  • Internationally recognised standards and certification.

Key Players Based Here:
Charles & Keith, Luxasia, Pfizer, Procter & Gamble

Machinery & Equipment - Electronics
 

Why Singapore?

  • Home to 50% of the world's top 15 global electronics distributors and six of the world's top electronics manufacturing services companies.
  • Leading manufacturer of enterprise hard disk drives.
  • More than 2,900 companies in the electronics distribution cluster that trade chips, consumer electronics and IT products commonly used in daily living.
  • Research and development functions that provide comprehensive design solutions for the global market.

Key Players Based Here:
Arrow Electronics, AVNET, Excelpoint Technology and Serial System

Machinery & Equipment - Industrial equipment
 

Why Singapore?

  • Key hub for brokering and financing infrastructure deals.
  • Home to World Bank's Infrastructure and Urban Development Hub global office.

Key Players Based Here:
Caterpillar, Komatsu, Volvo Construction Equipment

Metals & Minerals, Construction Materials
 

Why Singapore?

  • Key hub for base metals, iron ore and coal.
  • Home to more than 70% of the world’s top metals and mining companies.
  • Home to more than 60% of the world’s top 30 steel companies.
  • Clearing centre for over 90% of globally-traded iron ore swaps.

Key Players Based Here:
Anglo-American, Pan United, Rhodium Resources. London Metal Exchange

Transport Equipment (Motor Vehicles, Parts & Accessories)
 

Why Singapore?

  • Regional base for key automotive companies.
  • Regional logistics base for aftermarket spare distribution.
  • Asia's leading aviation hub and leader in maintenance, repair and overhaul./li>

Key Players Based Here:
Boeing, ST Aerospace, Toyota

 

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(Last updated on 08 January 2019 17:39:58)