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Exporting & Importing to Singapore: Emerging Market Guide

Jane Galvez
Jane Galvez
7 min read
This article covers
A guide to exporting to Singapore
Local insights to help you entice shoppers there

Despite a population of just over 6 million1, Singapore’s economy packs a punch. Low taxes, excellent infrastructure, strong services and banking sectors have all contributed to Singapore’s success. Additionally, it's almost entirely urban population has helped make it one of the world’s most advanced economies. The country has one of the highest GDP-per-capita in the world, making it person-for-person one of the wealthiest countries on Earth2. Singapore can be a prime market for exporters. Here are the numbers to consider:

4.4% economy growth in 2024

4.4% economy growth in 2024

Singapore’s economy expanded by 4.4% in 2024, a positive sign – especially given the tough global outlook.3

4th by GDP per capita

4th by GDP per capita

Singapore’s high GDP per capita reflects strong consumer purchasing power – making it an ideal destination for businesses looking to export premium goods and services.4

93.4% internet penetration

93.4% internet penetration

As an economically advanced country, it’s no surprise that Singapore has a high internet penetration rate.5

55% of online transactions are cross-border

55% of online transactions are cross-border

Singapore’s online shoppers purchase more from overseas than locally, making it a key destination for global e-commerce businesses.6

9.29% e-commerce growth forecast

9.29% e-commerce growth forecast

Singapore’s e-commerce revenue is expected to show an annual growth rate (CAGR 2025-2029) of 9.29%.7

63.7% e-commerce usage and growing

63.7% e-commerce usage and growing

User penetration will be 63.7% in 2025, with a forecast of 80.4% by 2029.8

US$1,445 spending per user

US$1,445 spending per user

In 2024, the average revenue per e-commerce user (ARPU) was $1,445, making it a lucrative destination for savvy exporters.9

National language: English

National language: English

The four official languages are English, Malay, Mandarin, and Tamil, but English is the most widely used.  


Singapore’s most popular online marketplaces10

(As of March 2025)

https://shopee.sg/

Singapore's leading e-commerce platform, offering a wide range of products across categories like electronics, fashion, and home goods.

12.2 million monthly visitors.

https://www.lazada.sg/

One of Southeast Asia’s top online marketplaces, known for its extensive product offerings and frequent sales events.

7.3 million monthly visitors. 

https://www.aliexpress.us/?gatewayAdapt=glo2usa

A global shopping platform popular for its frequent discounts and cross-border shipping.

5.7 million monthly visitors.

https://www.amazon.sg/

An e-commerce giant offering a wide variety of local and international products, known for fast delivery and competitive pricing. 

4.5 million monthly visitors. 

https://www.samsung.com/sg/

Samsung’s official direct‑to‑consumer online store in Singapore, offering exclusive promotions, pre‑order deals on electronics, appliances, and accessories, with full brand support and service.

2.1 million monthly visitors.

Most popular online product categories11

In 2024, these were the biggest selling categories (by revenue) on Singapore’s leading e-commerce platform, Shopee.

These top categories reflect the diverse shopping habits of Singaporean consumers, who increasingly turn to online platforms for everything from gadgets to personal care and DIY projects.
 

Preferred payment methods for online purchases12

Providing popular local payment methods at checkout builds trust with international customers and increases the likelihood they’ll complete their purchase.


Leading e-commerce payment methods in Singapore (2023):

Singapore’s biggest shopping events
 

Great Singapore Sale

Also known as 6.6 and 7.7, this is the biggest sales event in the Singaporean retail calendar.  

Black Friday & Cyber Monday

This global sales bonanza is held at the end of November. Consumers flock online looking for big deals. 

Cinderella Shoppers

Shopee’s latest campaign caters to night owls with a special shopping event designed just for late-night buyers. Discounts are unlocked daily between midnight and 2AM. 

Singles’ Day (11.11 Sale Singapore)

Originally started in China, the event has grown into a major e-commerce phenomenon across Southeast Asia. Shoppers can expect massive discounts and time-limited flash sales.

Cultural and Festivities Sales

In the lead-up to national holidays like Chinese New Year and Hari Raya, platforms like Shopee, Lazada, and Amazon offer special promotions on gifts, home decor, fashion, and food items to celebrate the festive season.

Customs and import regulations for exporting to Singapore
 

  • Singapore Customs applies a 9% tax on all shipments. This is known as ‘GST’ (Goods and Services Tax). Some goods also incur duty — see the below section for more on this. 
  • Before your business can start to import and export goods to Singapore, you need to obtain a UEN number by registering with Singapore Customs.  
  • All goods imported into Singapore are regulated under the Customs Act, the Goods and Services Tax (GST) Act and the Regulation of Imports and Exports Act. 
  • Regardless of the bulk of your shipment, it must have the necessary documentation. You can find out exactly what documents are required for shipping to Singapore here, this includes the Air Waybill (AWB) and the shipping invoice. 
  • From 1 January 2023, new rules were introduced for low-value goods (S$400 or below) imported into Singapore via air or post. Previously, these goods weren’t subject to GST when purchased from overseas, but now they are, ensuring consistent GST treatment for all goods sold to Singaporean consumers, whether bought locally or internationally. GST remains payable at the point of import for goods valued above S$400 or those brought in by sea or land.
  • GST has also been extended to cover both digital and non-digital services provided by GST-registered overseas suppliers. This means remote services that can be supplied and received online will now also be subject to GST.
  • Once the paperwork is processed by Singapore Customs, it is then submitted to DHL Express’ network where our Certified International Specialists process the shipment, without it being physically present in Singapore. 
  • Most shipments are successfully cleared once they are boarded enroute to Singapore. DHL Express’ import customs clearance processes are simple and are mandated by the local government.  
  • The submission of an import declaration and payment of duty/GST to Singapore Customs is performed electronically. Business entities are encouraged to register for an Inter-Bank payment account with Singapore Customs to make this payment easier. For non-business entities, DHL can undertake the payments of duty/tax on their behalf (subject to terms and conditions) and recover the amount upon shipment delivery. 
     

Dutiable goods in Singapore

  • Intoxicating liquors 
  • Tobacco products 
  • Motor vehicles 
  • Petroleum products 

Each category incurs different duty rates. Read for more information on exact charges. 

Banned items

Some goods, such as certain types of chewing gum, cigarette lighters, firecrackers and others are completely prohibited and cannot be imported into Singapore. 

You can see the full list of prohibited items here.  
 

Exporting food

Singapore’s demand for imported food is driven by its diverse culinary scene and high purchasing power, making it an appealing market for businesses. To successfully export food to Singapore, you must follow the regulations set by the Singapore Food Agency (SFA). Compliance is key to avoiding penalties, which can be as high as S$5,000 for first-time offences. You can read DHL’s full guide to exporting food to Singapore to find out more.  
 

Exporting to Singapore: Official websites and useful links

Singapore Customs website: https://www.customs.gov.sg/  

Singapore Customs’ Quick Guide for Importers: https://www.customs.gov.sg/businesses/importing-goods/overview/  

Detailed import procedures: https://www.customs.gov.sg/businesses/importing-goods/import-procedures/   

DHL’s expert tips for exporting to Singapore

 

 
  • Offer a seamless, hassle-free service. Be sure to use a customs broker that can take care of all the customs import and duty/tax formalities on your behalf and ensure your customers aren’t left with customs charges to pay themselves or delays to their delivery. DHL Express offers customs clearance as part of its door-to-door service.
  • Clear, descriptive, and complete paperwork gives customs bodies a good idea of the contents within the shipment and also acts as a document of verification for both the shipper and consignee. 
  • Stay ahead of the curve. Singapore is a highly digital-savvy country where consumer habits can shift quickly. For instance, social network TikTok only launched its shopping feature – TikTok Shop – in 2022. Would this or other emerging social selling options appeal to your customers?
  • You can find the correct HS code for your shipment easily via DHL’s MyGTS (My Global Trade Services) – a free, user-friendly platform that will help you navigate many aspects of international shipping. This includes calculation of Landed Cost for goods in any country – i.e. your product cost, duties & taxes, and freight charges – enabling you to enhance your pricing strategy and give your customers transparency over shipping fees. 
     

Looking to export to Singapore?

DHL Express simplifies the process with fast, reliable shipping and expert customs support – no matter your industry. Open a DHL Express Business Account today and streamline your logistics from day one.

Apply for an account here