| One would be amazed to how an island country | | | | trade with nations like Australia and New Zealand and |
| tucked within Southeast Asia wields much influence in | | | | the United Arab Emirates. |
| global business. Yet, just as the island of Manhattan | | | | Top Industries and Exports of Singapore |
| symbolizes American prosperity and cultural diversity, | | | | Statistics from the US State Department reported in |
| so the Republic of Singapore mirrors those same | | | | 2009 that Singapore's main exports to North America |
| characteristics on a worldwide scale. As the fourth | | | | include industrial machinery and electronic components. |
| largest financial center on the planet, this region | | | | These products have home with other nations as |
| where the land mass roughly equals the size of | | | | well, and Singapore is known throughout the rest of |
| Rhode Island has enjoyed centuries of wealth and | | | | the world for providing the following in global trade: |
| growth. | | | | Biotechnology: In the last decade, Singapore has |
| As one of the most active sea ports in the world, | | | | gained a foothold in the manufacture of |
| Singapore has observed an open business | | | | pharmaceuticals and other healthcare products. |
| environment and capitalist economy since gaining its | | | | GlaxoSmithKline, Pfizer, and Merck are among the |
| independence from Great Britain nearly fifty years | | | | major companies with plants on the island. |
| ago. The region's bustling sea transportation and | | | | Crude Oil: Crude and petroleum is shipped practically |
| carefully planned free market paradigms have greatly | | | | daily from Singapore's ports for refinement. The UAE |
| inspired other global export powers who look up to | | | | in particular is a major importer of this item. |
| the "Singapore Model" with the goal of achieving a | | | | Shipping and Aircraft Components: Whenever and |
| similar high-level Gross Domestic Product (GDP) ratio | | | | wherever you fly, chances are the parts used to |
| and low unemployment rates. According to the Global | | | | build your plane have come from this region. As a top |
| Competitiveness Report 2009-2010 by World | | | | port, the island arguably has more expertise than any |
| Economic Forum, Singapore is ranked the 3rd most | | | | other market with regards to shipbuilding. |
| competitive nation among 133 major and emerging | | | | Computer and Technological Circuitry: Like its fellow |
| economics only after Switzerland (No. 1) and United | | | | Asian Tiger markets, the island republic enjoys a |
| States (No. 2), whereas it scores No. 1 followed by | | | | successful business in the production of computers |
| Hong Kong (No. 2) and USA (No. 3) in the World | | | | and accessories. Acer, for one, is reliant on trade with |
| Competitiveness Scoreboard 2010 by International | | | | Singapore for their business. |
| Institute for Management Development, Lausanne, | | | | Jewelry: Particularly in the Middle East, precious gems |
| Switzerland. | | | | and pearl jewelry are exported with regularity. |
| As an exporter, Singapore deals mainly with countries | | | | As a diverse culture of prosperity that serves as the |
| in the Middle East and Southern Hemisphere, as well | | | | model, profitable trade environment, Singapore |
| as the United States. The country, like other Asian | | | | stands tall as a top global trade empire. A healthy |
| Tigers, is reliant on natural resources and raw | | | | currency and fortuitous location will undoubtedly keep |
| materials for production, hence its dependence on | | | | the country at the forefront of world business. |