Singapore exports

Trump hits Singapore with new 12.5% tariff, affecting one-third of exports to US

Singapore has rejected suggestions that it engages in unfair trade practises, including the use of forced labour in supply chains.

News analysis

Singapore’s AI-powered growth masks economic risks from Iran war and US tariffs

Beyond elevated energy prices, other risks to Singapore’s economic growth include US tariffs and the El Nino weather pattern, which may push up food prices.

Singapore’s key exports rise 20.7% in June, miss forecasts despite strong AI demand

Singapore’s export growth in June was slightly softer than the 28.7 per cent expansion forecast by economists in a Bloomberg poll.

Economists lower Singapore growth forecast for 2026 to 3.5% from 3.6%: MAS survey

The Singapore economy expanded by 6 per cent year on year in the first quarter of 2026, slightly exceeding the survey’s median forecast of 5.8 per cent in the previous survey.

News analysis

Chips still king of S’pore exports amid non-tech upswing in Asia

The semiconductor sector contributes close to 6 per cent of Singapore’s gross domestic product and employs more than 35,000 people.

New Trump tariff of 12.5% would cover one-third of Singapore exports to the US: MTI

The new tariffs will replace a 10 per cent global levy under Section 122 when it expires in late July.

ST Explains: What does Trump’s new tariff on ‘forced labour’ mean for Singapore trade?

The proposed forced-labour tariff drew immediate criticism from major economies such as the EU and China, and experts expect lawsuits once it goes into effect.

Singapore could face 12.5% US tariff after forced labour trade probe

ST20260518-202682200463-Lim Yaohui-pixgeneric/ People near the Jubilee Bridge with the Central Business District (CBD) skyline on May 18, 2026. Can be used for stories on family, money, property, land, tourist, tourism, commercial, office, invest, budget, income, finance, financial, CBD, URA, population, and economy. (ST PHOTO: LIM YAOHUI)

From oil to coffee beans: Traders in Singapore find ways to deal with Middle East disruptions

Some 350 global commodity traders have a significant presence in Singapore.
Ships anchored off Marina Bay and East Coast Park as seen during flight on plane on Dec 1, 2024. Three tracts of land could be reclaimed off East Coast Park in the coming decades, creating about 800ha of land for new homes and other amenities, as well as a new reservoir. Called the Long Island, these land tracts are Singapore's response to the threat of rising sea levels and inland flooding in the East Coast area. Can be used for stories on budget, money, oil, goods, business, shipping, cargo, reclamation, supply, trade, and vessel.

Memory chipmaker Micron says AI boom is here to stay as it ramps up Singapore investment

The market capitalisation of New York-listed Micron as of May 26, 2026, stands at about US$847 billion (S$1 trillion), up from US$110 billion a year ago.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.