AsemconnectVietnam - According to statistics from the Vietnam Customs Department, the export turnover of goods to the Singapore market in the first 10 months of 2025 reached 4.8 billion USD, an increase of 11.6% over the same period last year.

In the first 10 months of 2025, the group of computers, electronic products and components was leading the export turnover with 1.29 billion USD, an increase of 48% over the same period, accounting for 26.6% of the export proportion. The next was the group of machinery, equipment, tools and spare parts reaching 808.9 million USD, an increase of 12.4%, accounting for 16.6% of the proportion.
Some items with export value increased quite strongly in the first 10 months of 2025 compared to the same period, such as phones of all kinds and components increased by 31.2%; electric wires and cables increased by 10.2%; iron and steel products by 15.6%; toys, sports equipment and parts increased by 63.4%; cashew nuts increased by 60.3%; pepper increased by 40.9%.
Singapore is a country with a developed economy among the most dynamic in the Asia-Pacific region, playing an important role in trade cooperation with Vietnam. Singapore's need to find and expand the market for supplying raw materials to replace the Chinese market is very large. Vietnam is one of the key markets to help Singapore make up for the shortage of goods, especially agricultural, aquatic, food and construction products.
CK
Source: VITIC