The U.S.—Singapore Free Trade Agreement (FTA)
Last Published: 10/20/2016
General Information
The U.S.-Singapore FTA has helped increase U.S. exports, improve U.S. competitiveness around the globe, secure a U.S. presence in Southeast Asia, and provide a standard of free trade that encourages a high level of liberalization. Doing business in Singapore has become even easier, faster, cheaper, and more transparent. The FTA has given U.S. businesses and exporters even more access to one of the world’s biggest markets.

Besides binding all Singapore tariffs for U.S. goods at zero, the FTA has increased export opportunities for certain U.S. manufacturing sectors, including those that produce medical instruments and equipment, microelectronics, photo equipment, certain textiles, pharmaceuticals, and chemicals.

Singapore also has accorded substantial access to its services and investment market, with few exceptions. It also has increased government procurement opportunities and protection of intellectual property. Furthermore, the FTA provided for groundbreaking cooperation in promoting labor rights and the environment.

By Sector
In 2015, $28.5 billion in goods and $14.4 billion in services were exported from the United States to Singapore. The principal U.S. exports to Singapore were in the sectors of chemicals, information and communication technologies, machinery, health products and high tech instruments.

Additional Information

Prepared by the International Trade Administration. With its network of 108 offices across the United States and in more than 75 countries, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.