Market profile

Singapore is dynamic and business oriented, has a strong and sophisticated economy and is the major regional hub for multinational businesses operating in Asia. Regarded as a rapidly growing “developed country”, Singapore is a key cornerstone to regional development and has a key role to play in driving the ASEAN growth.

More information on doing business in Singapore

Trade relations

  • Singapore's investment in Australia is substantial. Singaporean investment has traditionally been concentrated in real estate, but has become more diversified in recent years.
  • Australia has a strong education and training relationship with Singapore and is a popular destination for Singaporean students studying overseas. There are more than 130,000 Singaporean alumni of Australian institutions. 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.

ASEAN NOW – Insights for Australian Business

A digital report on Australia’s trade and investment relationship with ASEAN.

Key sections:

  • Why ASEAN matters to Australia
  • What’s driving growth
  • Opportunities by ASEAN market
  • Practical tips and assistance
  • Case studies.

Singapore's market insights and opportunities


  • Merchandise exports A$9,837 million
  • Services exports A$5,131 million
  • Capital Singapore
  • Official languages Malay, Chinese (Mandarin), Tamil, English
  • Area 700 sq km
  • Population 5.6 million


3 Aug 2022

Insight – Singapore grants temporary exemption and streamlines approval process for poultry meat

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11 Jul 2022

New-to-market Aussie food offerings shine in Singapore

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22 Apr 2022

Premium Aussie food and beverages star on Singapore menus

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Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Singapore and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT


Australia's trade at a glanceAustralia's top ten trading partners

Free Trade Agreement

Information on Trade Agreements in force and in negotiation, plus market videos detailing insights and opportunities.

» read more at DFAT

APEC Business Travel Card Scheme

Managed by the Department of Home Affairs, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.

Protecting your IP overseas

The Export Finance and Insurance Corporation (Efic) in collaboration with IP Australia, has released a whitepaper on protecting your IP overseas.

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Export grants

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Free Trade Agreements

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How Austrade can help

Austrade provides information, advice and range of trade services to assist Australian businesses reduce the time, cost and risk associated with exporting.

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