Vietnam-Singapore trade hits record high in 2024
(VOVWORLD) -Vietnam’s exports to Singapore showed strong growth in 2024, with 10 months posting increases of over 15%. Two-way trade turnover reached 23.5 billion USD, the highest ever.
 Sorting chicken eggs at the Ba Huan high-tech poultry farm in Long An province for export to Singapore. (Photo: Duc Hanh/VNA) |
Data from Enterprise Singapore indicates that Vietnam enjoyed a trade surplus of about 1.17 billion USD in 2024. Key exports such as electronics, machinery, and glass remained robust, while agricultural goods saw significant growth.
Vietnam remained Singapore’s 11th largest trade partner and 10th largest export market in 2024.
The Vietnam Trade Office is working to facilitate Vietnamese poultry meat and eggs to enter the Singaporean market.