Singapore's Trade Pattern

 Singapore’s Transact Pattern Analysis Paper

Singapore's Trade Routine

(Year 2004 – 2008)

The economy of Singapore is a developed region and remarkably developed point out capitalist combined economy. It includes an open business environment, relatively corruption-free and transparent, stable prices, and one of the highest per household gross home products (GDP) in the world. Its innovative yet steadfast type of economics that combines economic planning with free-market offers given it the nickname the Singapore Version. Exports, particularly in consumer electronics and chemical compounds, and companies provide the key source of revenue for our economy, which allows that to purchase all-natural resources and raw goods which that have. Singapore's strategic location on major sea lane and its diligent population have given the country an economic importance in Southeast Asia disproportionate to the small size. The Singapore Government used a pro-business, pro-foreign purchase, export-oriented financial policy platform, combined with state-directed investments in ideal government-owned businesses. Singapore's economical strategy proven a success, making real development that proportioned 7. 8% from 1965 to 2009 Data Examination

Year| 2004| 2005| 2006| 2007| 08

GROSS DOMESTIC PRODUCT (current US$ Billion)| 109. 66| 120. 94| 139. 18| 166. 95| 181. 95| Export products of goods andservices (current US$ Billion)| 246. 14| 285. 96| 338. 80| 384. 26| 426. 38| Imports of goods andservices (current US$ Billion)| 218. 36| 251. 40| 296. 74| 331. 38| 391. 68| Exports of goods andservices (% of GDP)| 224. 45| 236. 45| 243. 44| 230. 17| 234. 34| Imports of goods andservices (% of GDP)| 199. 12| 207. 87| 213. 21| 198. 49| 215. 27| Trade (% of GDP)| 423. 57| 444. 32| 456. 65| 428. 66| 449. 61

(i) Exports of goods and services (current US$)

From the desk above, we see that the export value of 2004 grew from $246, 139, 915, 991. twenty-four in season 2004 steadily into $426, 378, 465, 616. 26 in season 2008, implying a 173% increase in benefit over the length of 5 years....

References: 1 . The World Traditional bank. Indicators: Info. Retrieved by:

installment payments on your Singapore Trade, Exports and Imports. In Economy, Purchase & Financing Reports. Recovered from Overall economy Watch:

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