The manufacturing industry is the most important sector in Singapore’s export-oriented economy. It is characterized by high-tech production and multinational companies. The most important thing is the electronics industry, which includes manufacturing of computer equipment.
A large investment in the pharmaceutical industry has also produced results. The petrochemical industry is also important.
In addition to the multinational companies, there are a few large domestic industries. Small and medium-sized businesses play a minor role.
The state control over the industry is great; many domestic companies have close ties to the government.
- COUNTRYAAH: List of top trading partners of Singapore. Includes countries that imported most shipments from and exported most goods to the country.