Singapore Trading Partners 2017

Nonetheless, FDI inflows fell considerably compared to 2016, from USD 77. Myanmar is a member of the World Trade Organization (WTO) and of the Association of Southeast Asian Nations (ASEAN). The British founded modern Singapore as a trading colony on the site in 1819. In 2017 the GDP of Sri Lanka was $87. Meet the 2017 award winners In December of 2017, BD announced its seventh annual BD Supplier Recognition Awards to honor suppliers for their contributions to advancing or supporting key BD initiatives, products, processes and helping to increase customer satisfaction. 3 billion (US$26. Does this answer your question? United States 521 Hong Kong 401 Japan 312. Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports). cross-border trade in private services with major trading partners and the world, 2017. The composition of the basket is revised periodically to take into account changes in trade patterns. Hosting the regional headquarters, ING Wholesale Banking (WB) Singapore is the largest WB branch in Asia, with over 300 financial experts. 2 billion worth of goods around the world in 2014. The US, European Free Trade Association (EFTA) countries and Asia were among the EU's biggest partners for trade in services. Figure 1: ASEAN’s Major Trading Partners, 1990–2013. Partner Benefits. So, here are the top 10 trading partners of the Chinese mainland, according to data released by the General Administration of Customs on Jan 10, 2014. In 2017, China, Canada and Mexico were the top trading partners with the U. Aug 20, 2019 · Singapore's slowing economic growth has started to hurt company earnings as a trade war intensifies between its two biggest trading partners. The Partnership current operating status is cancelled and The Partnership's principal activity is engineering design and consultancy services. 7 billion in 2017-18. The below graph illustrates my point: freer trade with developing countries leads to massive trade deficits, since American consumers maximize their short-term consumption by purchasing nominally cheaper products abroad. 27 Note: All sums are in billions of US$. Department of the Treasury today delivered to Congress the semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. 4 per cent surplus. Major Trading Partners of Cyprus, 2017 (in US $ million) Imports (1) by Country Exports (2) by Country Rank 7 Netherlands 453. Singapore and the Philippines: More than just trading partners BY ANTONIO ACUNZO In mid-December 2016, Philippine President Rodrigo Duterte visited Singapore on a state visit, and Singapore President Tony Tan highlighted during a state banquet that an increasing number of Singapore companies is eager to invest in the Philippines. The PRC now accounts for 12% on the export side and 18% on the import side. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. trading partners. Meanwhile, the number of Fortune 500 companies with international operations increased by more than 18 percent from 2008 to 2017, according to a Globalization Partners data analysis. Trade Map provides - in the form of tables, graphs and maps - indicators on export performance, international demand, alternative markets and competitive markets, as well as a directory of importing and exporting companies. Jul 23, 2017. 3% Rest of the world 22. According to the latest statistics by the World Trade Organization, Singapore is the 14th largest merchandise exporter in the world and has a trade to GDP. It has in its portfolio over 100 specialized conferences and exhibitions in Telecom, ICT, financial, real estate and other. 6 percent) and Vietnam (10. They represented 35. NEW YORK, August 20, 2019 /PRNewswire-PRWeb/ -- Anchor, a two-token, algorithmic stablecoin pegged to the sustainable and predictable growth trend of the global economy, launched beta testing. May 26, 2017 - Ottawa, Ontario - Global Affairs Canada. On July 20, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Singapore. the UK and its trading partners. sources of data were the Singapore government trade statistics body IE Statlink (for the years 2005-2014) to determine Singapore-specific trade dynamics, Food and Agriculture Organisation (FAO) fishstat (for the years 2005-2013) to undertake comparison in global trade and CITES trade database. Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. 3% in 2019 (after +3. 9%, a marked acceleration from the lacklustre 2. Exports growth will likely be weak in the first half of the year, hampered by US-China trade-related uncertainties and weaker growth in China. Maybe there really is something to be said about the importance of building US-Philippines ties to better coordinate on DPRK policy. The simple, integrated design & analysis software enables engineers to deliver safe, effective and rationalized design more quickly, regardless of structural material. 27 Note: All sums are in billions of US$. Trade Representative. Figure 1: ASEAN’s Major Trading Partners, 1990–2013. Enterprise Singapore is the government agency championing enterprise development. 8 percent year on year, the fastest growth pace between China and any of its major trading partners. The top five trading partners are China, Malaysia, United States, Hong Kong and Indonesia. It effectively the benchmark for the Singapore equity market and is Singapore Dollar-denominated. Export figures are for Total Exports on a Free Alongside Ship basis. A roundtrip flight from New York to Singapore starts at 80,000 KrisFlyer miles. 3% 2017 2102. Hong Kong was the Mainland's fourth largest trading partner (after the US, Japan and South Korea) in 2018. Dollar relative to the currencies of its main trading partners and is therefore a useful indicator of Dollar strength or weakness. In 2017, Kenya was Uganda’s main intra-regional trading partner; the latter’s imports mainly included petroleum products, cement, iron and steel and pharmaceutical products. The stock of Chinese investments in Singapore has been growing at an annual average of 10 percent since 2010, reaching S$36. Global trade relations. The System is now recognized by most of the United States’ top ten international trading partners. The United States runs a deficit or surplus with its trading partners around the world that shifts from year to year. 4 per cent in 2016, picked up pace in 2017 on the back of surging global demand for. 7% from 2017. Singapore inks new TPP trade pact with 10 other countries: 5 things to know about the CPTPP countries in 2017 accounted for 22. Table 2 provides export statistics for the 10 partner countries with the highest quarterly trade in services export values for all four quarters of 2017. 5% YOY to US$29. 5% as of 10:10 a. The table below shows Nigeria's largest export destination and largest import partners for second quarter 2016. 0% year-on-year. They represented 35. KUALA LUMPUR (Aug 9): Malaysia is now China’s largest trading partner in the Association of Southeast Asian Nations (Asean) region, after Malaysia-China bilateral transactions rose as much as 28% to RM139. trade dominance in Asia, bringing the various trading partners under America's wing as a way to ward off China's growing economic influence, said MSNBC business correspondent Ali Velshi. Shell Trading supports the Shell businesses, in particular Oil Products, Gas and Power and Chemicals, by trading natural gas, electrical power, crude oil, refined products, biofuels, chemical. Announcing the news, PSA International, which. 3% Leading Growth Trading Partners Based on TEUs 2018 Imports Growth over 2017 2018 Imports Growth over 2016 1 Turkey 25. That is, most products are imported from these countries to Turkey. Bilateral Representation. 3 billion (1. Singapore takes the top spot in the Global Enabling Trade Report 2016, published today by the World Economic Forum and the Global Alliance for Trade Facilitation. As a percentage, 14% of Singapore ’s exports go to China, Malaysia, and Indonesia import 12% each from companies in Singapore, as for Hong Kong and Australia, represent 7,5%, respectively 6% of the territory’s total exports. dollar against the currencies of a broad group of major U. The agreement with the EU will, of course, increase the importance of trade with PTA trading partners even further. It has actively pursued a number of legally binding arrangements with trading partners. UAE's exports to Japan include large amounts of oil and aluminum and import mostly machinery of different types. …Despite Mr. com provides daily currency exchange rates, graphs, photos, country information, and more for over 200 countries and currencies. Based on these findings we present three recommendations to improve the regulation and monitoring of the trade in CITES-listed bird species in Singapore. • Alaska’s exports to U. By continuing your visit to this website, you accept the data privacy policy of the website as well as the use of cookies to secure your connection, facilitate your navigation, offer services and offers adapted and make visits statistic. 6 percent), China (28. trade with the world. Enterprise Singapore is the government agency championing enterprise development. So, here are the top 10 trading partners of the Chinese mainland, according to data released by the General Administration of Customs on Jan 10, 2014. The firm announced on August 5 that Richards had joined its ranks in London as a sales director covering prime services. 0% 7 Singapore 115. trade decline in 2017, though that decline was slight, at 0. International market studies Business Alerts Business organizations Main trading partners Presentation of Singapore : Foreign trade. Re-exports accounted for over 40% of total sales to other countries. Together, these trading partners accounted for over half of U. The share of such trade in ASEAN members’ total trade increased significantly with the signing of trade agreements with China (in force since 2005), Japan (2008), the Republic of Korea (2010), and India (2010). Russian broker BCS Global Markets has hired Andrew Richards from ING. By one measure, companies in the benchmark Straits. Specifically, the TPP's largest goal was to maintain U. 7% in FY 2017/18 (April to March) and 8% in FY 2018/19 on the back of improved global commodity prices and stronger demand from trading partners, according to the Asian Development Bank. 4 billion at the end of 2015. 1 day ago · Dealer Trade Holdings is an unlisted public company headquartered in Brisbane, Australia completing a product expansion into the United Kingdom in 2017 and with the launch of Car Record in the United States in July 2018. Vietnam is Hong Kong’s third largest trade partner and biggest export market in ASEAN. 4 billion 2. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. 10 Million SGD in July of 2019. Each sheet contains the most recent data on FDI flows and stocks, mergers and acquisitions, largest TNCs and regulatory changes. Norwegian Energy Partners (NORWEP) is an effective vehicle for promoting the Norwegian offshore and energy industry's capabilities to key clients in overseas markets and providing market information to its partners. 272159 as of June 21, 2017. A major port operator in Singapore has inked a deal to work with IBM and a regional shipping firm to test a new blockchain-based supply chain network. 9 min read. Singapore Airlines (SIA) has reported a 20. The Wholesale Trade industry is a major contributor to Singapore’s economy, accounting for about. 0% 7 Singapore 115. After the founding of the People's Republic of China (PRC) in 1949, China adhered to the principle of independence and self-reliance, and gradually carried out economic and trade exchanges with foreign countries. This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Canada is the top U. Singapore was also the United States' 16 th largest goods trading partner. The major economic drivers for Singapore are its exports and services. 5% East Asia-8 50. They did so because their policymakers believed that such agreements would give them benefits beyond those obtained by their own UFT policies. 4 China 441. They represented 35. That critique was aimed at Vietnam’s high and rising trade surplus with the US, which hit a record US$40 billion last year, up slightly from 2017 and in spite of a concerted Vietnamese effort to buy more from the US. However, the group’s solid financials with generous dividends slowly made investors take notice. a regional trading hub, Singapore capitalised on its strategic geographic position at the heart of Southeast Asia. Re-exports accounted for over 40% of total sales to other countries. , China's foreign trade volume rose 9. This encourages companies across the logistics chain to operate from Singapore, as they know they can count on frequent and reliable connections to reach global markets quickly. OVERALL EXPORTS AND IMPORTS OF SERVICES, 2013-2017. The S&P 500 was up 0. 8 billion U. Last year, only Singapore, Norway, and Macao met the criteria for manipulation put forth by Bergsten and Gagnon (2017. provides some basic information on the nature of U. 2 billion in the first four months of 2017. While the World Trade Organization (WTO) promotes global multilateral free trade, regional trade blocks provide their members with the mechanisms for competing in an aggressive global. All of them are important partners of China in trading and they all contributed to the development of Chinese economy, but the largest partners of China are always changing because of the alteration of policy or other reasons. 0% Rest of the world 22. 9 per cent on a year. Australian universities also have a strong presence in Singapore, with more than 20 offering degrees either at their own campus or through a Singapore partner. sector and significant imports. 2 EU-28 261. 3 trillion), China (US$1. Singapore-Australia Free Trade Agreement (SAFTA) The Singapore-Australia Free Trade Agreement (SAFTA) is a central pillar of Australia’s economic relationship with Singapore. or trade partners in order to resolve the cases listed on the Grievance list within the timeline set. Malaysia is Singapore's biggest trading partner, with bilateral trade totalling roughly 91 billion US dollars in 2012, accounting for over a fifth of total trade within ASEAN. 1% 2017 Rank #14 65,619 2018 TEUs Textiles, Plastics, Prepared Vegetables 48,760 2018 TEUs Furniture, Rubber, Electronics 37,922 2018 TEUs Not Knit Apparel, Knit Apparel 2 Malaysia 18. Most recently, Richards was director of origination. 2% in 2018) due to slower growth in global trade. Leading Trading Partners Based on TEUs 26. The adjacent list reveals its 10 top trade partners, accounting for 78. All of them are important partners of China in trading and they all contributed to the development of Chinese economy, but the largest partners of China are always changing because of the alteration of policy or other reasons. Don't: Flying Blue is not great for booking business class, as the points required are often way more than other transfer partners. InfodriveIndia's India Export Import database is the most up-to-date and authentic information on India's foreign trade. Starting a Trading Company in Singapore Singapore has long been known as an important 'port of call' for traders, especially those dealing between the eastern and the western time zones. Elsewhere, geopolitics will play out in 2017. trade decline in 2017, though that decline was slight, at 0. As a percentage, 14% of Singapore ’s exports go to China, Malaysia, and Indonesia import 12% each from companies in Singapore, as for Hong Kong and Australia, represent 7,5%, respectively 6% of the territory’s total exports. 24 Million SGD in March of 2015 and a record low of -1999. Thailand, Malaysia, Vietnam, Indonesia, and the Philippines are also among the top exporting countries from the. 6 billion in 2017. 3 per cent year-on-year to US$11. Till 1992, agricultural products, such as rubber and timber, were the main export items of Cambodia. In its own way, China is thus helping to uphold international peace. Malaysia's Trading Partners Malaysia's Export Markets 2014 Malaysia's Import Markets 2014 Malaysia's Total Trade by Markets 2014 Advanced economies 27. Elsewhere, geopolitics will play out in 2017. 7% in 2018 to hit a record high of 30. Of course, at the present time, neither Canada nor Mexico would seek to enforce this provision against us. - EU Trade flows by SITC product grouping 2015 - 2018 5 - EU Trade flows by HS section 2018 6 - EU Trade flows by HS section 2015 - 2018 7 Singapore, Trade with World - Singapore Trade flows and balance: Total goods: 2008 - 2018 8 - Singapore Top trading partners: Total goods: 2018 8 European Union, Trade with World. Starting a Trading Company in Singapore Singapore has long been known as an important ‘port of call’ for traders, especially those dealing between the eastern and the western time zones. The state’s top trading partners include China, Germany, Mexico, Canada and Japan. 2% in 2018) due to slower growth in global trade. However, this trend is unlikely to continue in 2019 with some cracks showing in recent trade figures. Hong Kong and the United States are also important trading partners. Maybe there really is something to be said about the importance of building US-Philippines ties to better coordinate on DPRK policy. 10 Million SGD in July of 2019. Short title. Who we're trading with and how much also determines what countries influence us and where the Australian impact is felt the most. Artisan Partners Limited Partnership (APLP) is an investment adviser registered with the U. companies conducting international trade with Australia view the market both on its own merits and as a gateway to Asia. More than 99 percent of the products in the CEPT Inclusion. With its dynamic programming, the Singapore International Film Festival (SGIFF) is an important voice for groundbreaking Asian cinema in the region. Biggest Trading Partners - China more to one city-state than it does to the entire country surrounding Singapore. trade decline in 2017, though that decline was slight, at 0. EU's trade policy is also used as a vehicle for the promotion of European principles and values, from democracy and human rights to environment and social rights. Learn how to use Kaspersky Total Security 2017 to protect your devices from viruses and other threats. previous year. It has in its portfolio over 100 specialized conferences and exhibitions in Telecom, ICT, financial, real estate and other. 2% in 2018) due to slower growth in global trade. The US remains the UK's biggest trading partner for UK services exports. Most recently, Richards was director of origination. Starting a Trading Company in Singapore Singapore has long been known as an important 'port of call' for traders, especially those dealing between the eastern and the western time zones. Eastern Time. …Despite Mr. EU trade policy sets the direction for trade in and out of the EU. Africa enjoys strong economic relationships with traditional partners like the EU. We also help Hong Kong companies identify potential American business partners, and source U. wine exports, 97% from California, reached $1. Merchandise Trade statistics data for Singapore (SGP) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The UK International trade secretary Liam Fox’s department has yet to sign agreements with several significant trading partners, including Canada, Japan, South Korea and Turkey. The major economic drivers for Singapore are its exports and services. 9%, a marked acceleration from the lacklustre 2. What are some of Sweden's major trading partners?. Trade volume between China and the Association of Southeast Asian Nations (ASEAN) amounted to US$514. Free trade agreements are treaties that regulate the tariffs, taxes, and duties that countries impose on their imports and exports. Cultural exchanges. The slowest increases among Malaysia’s top trading partners were India (up 4. Economic overview. Thailand, Malaysia, Vietnam, Indonesia, and the Philippines are also among the top exporting countries from the. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. 4 billion 2. Feb 28, 2018 · The United Kingdom was the only top 10 trade partner to see its U. The 20 Biggest Trade Partners Of The United States The 20 trade partners of the US mentioned in the list below account for 76. More than 99 percent of the products in the CEPT Inclusion. It’s also a great way to have ‘partner transaction activity’ when an airline runs a promotion that requires you to have activity with various hotel partners in order to earn bonus miles. For a full list of all trading partners and their rankings, see supplemental exhibit 4 in the FT-900. This statistic shows the most important export partner countries for Singapore in 2017. 6billion (6. Before 1990, Vietnam's chief trading partners included socialist countries, especially the Soviet Union. In 2017, China, Canada and Mexico were the top trading partners with the U. For Singapore, the EU is its third largest trading partner in goods, accounting for 10% of its total trade with the world. Singapore is consistently among one of Indonesia's top foreign investors and top trading partners. 8 Intra-ASEAN 590. Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero. Trade in services accounted for 33% of EU exports and 28% of EU imports of goods and services in 2017. 4% increase from 2016. Thailand also is a Partner for Cooperation with the Organization for Security and Cooperation in Europe and an Organization of American States observer. 4 billion for goods and services in 2017, according to the U. The ASEAN Free Trade Area (AFTA) has now been virtually established. Meanwhile, India’s trade role in Africa has grown at a steady – albeit lesser – pace, as this graph shows:. Global Summary of Liner Trade. 1 million in 2017 and the US only has a US$70. Partnering with OpenText has led to increased efficiency, reduced costs, and enabled the company to focus more on its core competencies. Free Trade Agreements On 29 June 2015, Prime Ministers of Australia and Singapore agreed to the Third Review of SAFTA as part of a new package of initiatives to advance the Comprehensive. In 2014, Australia had a trade deficit of 1. dollars last year, up 13. 3% of Hong Kong's total merchandise trade with ASEAN respectively. Each additional account costs S$280 per year (inclusive. They represented 35. The state's top trading partners include China, Germany, Mexico, Canada and Japan. Facebook Twitter Reddit Pinterest Email LinkedIN WhatsApp. Each year it recognises 50 excellent companies who have contributed to economic development in Singapore and abroad. The Company current operating status is live with registered address at HILLCREST ARCADIA. And, overall, the. Top Trading Partners - December 2017 Data are goods only, on a Census Basis, in billions of dollars, unrevised. The most feasible solution to Singapore's economic and unemployment woes was to embark on a comprehensive program of industrialization, with a focus on labor-intensive industries. Thailand's top five trading partners can be seen in the table below. Source : Hong Kong Trade Statistics. Top import partners include China, Germany, Mexico, Japan and Korea. The small-cap once considered de-listing due to the lack of interest from Singapore investors in China based listed companies – also known as S-Chips. that a full trade war (proxied by a 45% tariff on non-oil imports from China and a 35% tariff on non-oil imports from Mexico, with a symmetrical retaliation) would imply large job losses in the US (~4. Agreements have been signed with key economies such as USA, Japan, Australia, New Zealand, China, India, South Korea, Panama, Chile, Jordan, Switzerland, Iceland, Norway, and many more. Kaspersky Total Security 2017 We use cookies to make your experience of our websites better. It’s also a great way to have ‘partner transaction activity’ when an airline runs a promotion that requires you to have activity with various hotel partners in order to earn bonus miles. Vantage Group of companies is authorized and regulated in various jurisdictions. Singapore is the 15th largest export economy in the world and the 4th most complex economy according to the Economic Complexity Index (ECI). Accounted for the bulk of Singapore's trade in services in 2017. 5 billion to USD 62 billion, against a backdrop of a global downward trend in foreign investment. FTA partners totaled $1. These figures do not include services or foreign direct investment. Foreign direct investment from Germany was about $18. Sri Lanka is the 79th largest export economy in the world and the 101st most complex economy according to the Economic Complexity Index (ECI). This is a list of the largest trading partners of Australia. "Singapore's trading partners should call on the government to modernize its views of human rights and end its repression of speech and assembly. Electronics were the main exported product, making up 14. Each year it recognises 50 excellent companies who have contributed to economic development in Singapore and abroad. -China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump. , China's foreign trade volume rose 9. India's Free Trade Agreements August 23, 2018 Posted by India Briefing Written by Dezan Shira & Associates Reading Time: 8 minutes Reading Mode Free trade agreements (FTAs) are arrangements between two or more countries, or between a country and a trading bloc to abolish or reduce tariffs, quotas, and preferences on goods and services traded. To date, Singapore has signed MRAs with eight Customs administrations: Australia, Canada, Republic of Korea, Japan, China,. This is a clear indication that Agrocorp is a trusted name in the commodities business. 7 per cent fall in net profit for the first quarter of its fiscal 2020 year as losses from its investment in alliance partner Virgin Australia weighed on. China’s foreign ministry replied, however, that it didn’t know what Trump was talking about. Travis has extensive experience in a wide variety of international trade and customs matters, including the representation of countries and private interests in matters before the World Trade Organization, the World Customs Organization, the U. This encourages companies across the logistics chain to operate from Singapore, as they know they can count on frequent and reliable connections to reach global markets quickly. Congress and federal agencies, and the revenue and customs services. 6 EUROPEAN UNION – SINGAPORE TRADE AND INVESTMENT AGREEMENTS EU-SingaporeTrade and Investment Relations 7 Key Trading Partners Singapore and the EU are key trading partners. In the implementation of economic commitments, a formula for flexible participation, including the ASEAN Minus X formula, may be applied where there is a consensus to do so. The popular California Wine Fair in Toronto was attended by more than 1,000 trade and media. Both revenue and net profit registered healthy growth from 1Q 2017 compared to 1Q 2016. The Goldman Sachs Group, Inc. This book includes summary tables of trade patterns listing the main trading partners for each country and by broad service category. , China, Malaysia, Indonesia, and South Korea will have an impact on the economy. Although trade is skewed heavily in favor of China, any move to put a restriction on the import of Chinese goods will hit Indian industries hard, as India imports over $22 million in cheap. 45 Million SGD from 1964 until 2019, reaching an all time high of 8077. Hedge Fund and Insider Trading News: Ray Dalio, Daniel S. 1100 figure as US indexes reach fresh daily highs on the back of a U-turn in sentiment. © The State of Queensland (Office of Queensland Parliamentary Counsel) 2014-2019 (Ver. RWE Supply & Trading is also responsible for the economic optimisation of power generation and non-regulated gas business at RWE, including all procurement, storage and LNG activities. Each year it recognises 50 excellent companies who have contributed to economic development in Singapore and abroad. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners. The cumulative negative impact on global growth is estimated at 0. As a percentage, 14% of Singapore 's exports go to China, Malaysia, and Indonesia import 12% each from companies in Singapore, as for Hong Kong and Australia, represent 7,5%, respectively 6% of the territory's total exports. In the first ten months of 2017, Hong Kong’s total exports to ASEAN increased by 9. Trade-related events have been important features of Australia’s history. EU's trade policy is also used as a vehicle for the promotion of European principles and values, from democracy and human rights to environment and social rights. 28 (Xinhua) -- Trade volume between China and ASEAN countries hit a record high in 2017, according to the Ministry of Commerce. Starling123 +1. Vietnam and Hong Kong trade. Singapore exports, imports and trade balance By Country 2017 In 2017, Singapore major trading partner countries for exports were China, Hong Kong, China, Malaysia, Indonesia and United States and for imports they were China, Malaysia, United States, Other Asia, nes and Japan. The EU-Japan agreement has gained heightened geopolitical importance following the suspension in 2017 of talks between the EU and United States on the Transatlantic Trade and Investment Partnership (TTIP), and the imposition by the US in June 2018 of a 25 % tariff on steel and 10 % tariff on aluminium products. 7 percent in exports. The prize is supported by IE Singapore, Singapore Business Federation, Singapore Exchange and SPRING Singapore. However, many African countries are striving to diversify their income base creating numerous opportunities for trade and investment by interested foreign partners. During the recent past, Sri Lanka has identified Singapore as one of the major trading partners and the potential to establish Singapore as a trading hub to introduce Sri Lanka’s exportable products not only to the Singapore market but to the rest of the region. By Country Listing of the values for the Exports - partners field. In 2014, the United States’ top five single-country trading partners continued to be Canada, China, Mexico, Japan, and Germany (table US. Vietnam is Hong Kong’s third largest trade partner and biggest export market in ASEAN. TOP 5 TRADING PARTNERS AND SHARE OF TOTAL MERCHANDISE TRADE IN 2018 11. The British founded modern Singapore as a trading colony on the site in 1819. As Justin Trudeau and his Canadian delegation arrive in Singapore for his than they were in 2017. Singapore is one of Cambodia's top five trading partners. What are some of Sweden's major trading partners?. 24 Million SGD in March of 2015 and a record low of -1999. China’s foreign ministry replied, however, that it didn’t know what Trump was talking about. EU trade policy sets the direction for trade in and out of the EU. ASEAN-People's Republic of China Comprehensive Economic Cooperation Agreement. 22, 2019 (GLOBE NEWSWIRE) -- Leading media consultancy MightyHive today announced the appointment of Simon Harris as Head of Sales for Europe, Middle East and Africa (EMEA). Trade volume between China and the Association of Southeast Asian Nations (ASEAN) amounted to US$514. exporters by providing market research, trade leads, business matching and promotion through our various trade promotion programs. Singapore - Trade AgreementsSingapore - Trade Agreements Describes bilateral and multilateral trade agreements that this country is party to, including with the United States. 4 billion negative trade balance. The fact-checkers, whose work is more and more important for those who prefer facts over lies, police the line between fact and falsehood on a day-to-day basis, and do a great job. Today, my small contribution is to pass along a very good overview that reflects on one of Trump’s favorite overarching falsehoods. Namely: Trump describes an America in which everything was going down the tubes under  Obama, which is why we needed Trump to make America great again. And he claims that this project has come to fruition, with America setting records for prosperity under his leadership and guidance. “Obama bad; Trump good” is pretty much his analysis in all areas and measurement of U.S. activity, especially economically. Even if this were true, it would reflect poorly on Trump’s character, but it has the added problem of being false, a big lie made up of many small ones. Personally, I don’t assume that all economic measurements directly reflect the leadership of whoever occupies the Oval Office, nor am I smart enough to figure out what causes what in the economy. But the idea that presidents get the credit or the blame for the economy during their tenure is a political fact of life. Trump, in his adorable, immodest mendacity, not only claims credit for everything good that happens in the economy, but tells people, literally and specifically, that they have to vote for him even if they hate him, because without his guidance, their 401(k) accounts “will go down the tubes.” That would be offensive even if it were true, but it is utterly false. The stock market has been on a 10-year run of steady gains that began in 2009, the year Barack Obama was inaugurated. But why would anyone care about that? It’s only an unarguable, stubborn fact. Still, speaking of facts, there are so many measurements and indicators of how the economy is doing, that those not committed to an honest investigation can find evidence for whatever they want to believe. Trump and his most committed followers want to believe that everything was terrible under Barack Obama and great under Trump. That’s baloney. Anyone who believes that believes something false. And a series of charts and graphs published Monday in the Washington Post and explained by Economics Correspondent Heather Long provides the data that tells the tale. The details are complicated. Click through to the link above and you’ll learn much. But the overview is pretty simply this: The U.S. economy had a major meltdown in the last year of the George W. Bush presidency. Again, I’m not smart enough to know how much of this was Bush’s “fault.” But he had been in office for six years when the trouble started. So, if it’s ever reasonable to hold a president accountable for the performance of the economy, the timeline is bad for Bush. GDP growth went negative. Job growth fell sharply and then went negative. Median household income shrank. The Dow Jones Industrial Average dropped by more than 5,000 points! U.S. manufacturing output plunged, as did average home values, as did average hourly wages, as did measures of consumer confidence and most other indicators of economic health. (Backup for that is contained in the Post piece I linked to above.) Barack Obama inherited that mess of falling numbers, which continued during his first year in office, 2009, as he put in place policies designed to turn it around. By 2010, Obama’s second year, pretty much all of the negative numbers had turned positive. By the time Obama was up for reelection in 2012, all of them were headed in the right direction, which is certainly among the reasons voters gave him a second term by a solid (not landslide) margin. Basically, all of those good numbers continued throughout the second Obama term. The U.S. GDP, probably the single best measure of how the economy is doing, grew by 2.9 percent in 2015, which was Obama’s seventh year in office and was the best GDP growth number since before the crash of the late Bush years. GDP growth slowed to 1.6 percent in 2016, which may have been among the indicators that supported Trump’s campaign-year argument that everything was going to hell and only he could fix it. During the first year of Trump, GDP growth grew to 2.4 percent, which is decent but not great and anyway, a reasonable person would acknowledge that — to the degree that economic performance is to the credit or blame of the president — the performance in the first year of a new president is a mixture of the old and new policies. In Trump’s second year, 2018, the GDP grew 2.9 percent, equaling Obama’s best year, and so far in 2019, the growth rate has fallen to 2.1 percent, a mediocre number and a decline for which Trump presumably accepts no responsibility and blames either Nancy Pelosi, Ilhan Omar or, if he can swing it, Barack Obama. I suppose it’s natural for a president to want to take credit for everything good that happens on his (or someday her) watch, but not the blame for anything bad. Trump is more blatant about this than most. If we judge by his bad but remarkably steady approval ratings (today, according to the average maintained by 538.com, it’s 41.9 approval/ 53.7 disapproval) the pretty-good economy is not winning him new supporters, nor is his constant exaggeration of his accomplishments costing him many old ones). I already offered it above, but the full Washington Post workup of these numbers, and commentary/explanation by economics correspondent Heather Long, are here. On a related matter, if you care about what used to be called fiscal conservatism, which is the belief that federal debt and deficit matter, here’s a New York Times analysis, based on Congressional Budget Office data, suggesting that the annual budget deficit (that’s the amount the government borrows every year reflecting that amount by which federal spending exceeds revenues) which fell steadily during the Obama years, from a peak of $1.4 trillion at the beginning of the Obama administration, to $585 billion in 2016 (Obama’s last year in office), will be back up to $960 billion this fiscal year, and back over $1 trillion in 2020. (Here’s the New York Times piece detailing those numbers.) Trump is currently floating various tax cuts for the rich and the poor that will presumably worsen those projections, if passed. As the Times piece reported: