Countries · SG
Singapore: sanctions and trade risk
As of 7 November 2026, the screened UN, EU, UK, Swiss and US sanctions lists contain 118 companies, organisations, vessels and aircraft linked to Singapore.Lists last checked .
Logistics profile: ports, airports, customs, documents, holidays, news ↓
No elevated country indicator for Singapore in the route rules Sanctioni uses. That is not a clearance: goods may still be export-controlled, and parties in Singapore may still be on a list.
On the sanctions lists
118 entries on the official lists name Singapore — as nationality, address, registration or flag. That links them to the country; it says nothing about other companies there. The same company can appear on several lists and is then counted once per list. Individuals are not included — Sanctioni does not process them.
| List | Entries | |||
|---|---|---|---|---|
| US OFAC — Specially Designated Nationals (SDN) | 101 | 101 | — | — |
| UK Sanctions List (FCDO) | 7 | 7 | — | — |
| Switzerland SECO Consolidated Sanctions List | 5 | 5 | — | — |
| EU Consolidated Financial Sanctions List (FSF) | 4 | 4 | — | — |
| UN Security Council Consolidated List | 1 | 1 | — | — |
Latest changes
- United States (OFAC) · TCO: 41 new designations
· New listings
- United States (OFAC) · IRAN-EO13902: 10 new designations
· New listings
Related
Logistics profile
Singapore: logistics and trade
Global transshipment and re-export hub for Southeast Asia
Singapore (SG) is a city-state at the southern tip of the Malay Peninsula, on the shipping route between the Indian and Pacific Oceans, and one of the world's foremost trade and logistics hubs. As a free port it charges customs duty on only four categories of goods (liquor, tobacco, motor vehicles and petroleum products); all other imports carry only the 9 percent Goods and Services Tax (GST), levied by Singapore Customs and IRAS. Foreign trade is cleared electronically through the National Single Window TradeNet and the Networked Trade Platform, with permits typically approved in under ten minutes. The Port of Singapore, operated by PSA, is the world's largest container transshipment hub and surpassed 40 million TEU for the first time in 2024, while the new Tuas Port is being built towards a capacity of more than 65 million TEU. Changi Airport, with the Changi Airfreight Centre free trade zone, is among Asia's leading air cargo gateways. A dense network of free trade agreements (ASEAN/ATIGA, CPTPP, RCEP and agreements with the EU and EFTA) and strong export controls under the Strategic Goods (Control) Act underpin Singapore's role as a reliable regional distribution centre. The currency is the Singapore Dollar (SGD).
- Capital
- Singapore
- Population
- 6,110,000
- Area
- 734 km²
- Currency
- Singapore Dollar (SGD)
- Continent
- Asia
- Region
- Southeast Asia / ASEAN
- Economic area
- ASEAN (AFTA/ATIGA)
- Religions
- Buddhism, Christianity, Islam
- Access to the sea
- Yes
Transport modes Sea · Air · Road
- Current situation
- Port operations stable according to MPA/MOT; early 2026 temporarily higher yard utilization (85–90 percent) and vessel waiting times of 1–1,5 days. Tuas Port still under expansion (final capacity over 65 million TEU); record throughput of 44,66 million TEU in 2025. (As of 2026-07-18)
- Seasonal conditions
- Equatorial climate, hot and humid all year round. The northeast monsoon (Nov-Jan) brings heavy rain and occasionally regional haze caused by fires in neighboring countries.
Main seaports
- Keppel - (East Singapore)
Keppel (SG KEP), Singapore: PSA container and transhipment terminal on the Strait of Malacca; operations move to Tuas by 2027. Reefer, DG, customs.
- Jurong Island
Jurong Island (SGJUR): Singapore's energy and chemicals complex for crude, refined products and chemicals — not a container port. Containers via PSA Tuas/Pasir Panjang.
- Pulau Bukom
Pulau Bukom (SGPUB), Singapore's refinery island, run by Aster since 2025: crude, petroleum products and petrochemicals, no containers. Box traffic via PSA Tuas.
- Pulau Sebarok
Pulau Sebarok (SGSEB): Singapore's liquid-bulk and bunkering island for fuel oil and gas oil, deep-water jetty to 160,000 t. No container traffic; use PSA terminals.
Main cargo airports
- Singapore Changi AirportSIN
Singapore Changi (SIN/WSSS): 2.08m tonnes of air cargo in 2025 (+4.5%), Changi Airfreight Centre free trade zone, SATS & dnata, capacity from 3m to 5.4m tonnes.
Road corridors
- Johor-Singapore Causeway (Woodlands)
- Second Link (Tuas - Malaysia)
Main trade lanes
- Singapore - China
- Singapore - Malaysia
- Singapore - USA
- Singapore - EU
- Intra-ASEAN
Customs and import
Customs authority Singapore CustomsOfficial website ↗
- Import customs system
- Electronic declaration via the National Single Window TradeNet (increasingly the Networked Trade Platform NTP); approval usually within 10 minutes. Singapore is a free port; only 4 product groups are subject to customs duty.
- Export customs system
- Export and re-export likewise require authorization via TradeNet/NTP through Singapore Customs. Strategic goods require a separate permit under the Strategic Goods (Control) Act.
- Import VAT
- GST 9 percent since 1.1.2024 (previously 8) on CIF value plus customs duty/excise, levied by Singapore Customs/IRAS. Imports over 400 SGD are subject to GST.
- Proofs of origin and trade agreements
- Preference certificates per agreement: Form D (ATIGA), EUR.1/origin declaration (EFTA and EU), self-certification under CPTPP/RCEP. Application and issuance via TradeNet.
- Restricted and prohibited goods
- Prohibited include chewing gum (medical exception), e-vaporizers, fireworks, controlled drugs. Controlled: weapons, pharmaceuticals (HSA), food (SFA), animals/plants (NParks).
Typical import documents
- Commercial invoice
- Packing list
- Bill of lading / air waybill
- TradeNet import permit
- If applicable: preference certificate
Typical export documents
- Commercial invoice
- Packing list
- TradeNet export permit
- Bill of lading / AWB
- If applicable: certificate of origin / Strategic Goods Permit
Logistics conditions
- Customs complexity
- Low to medium
- Customs delays
- Low
- Port congestion
- Low to medium
- Dangerous goods relevance
- High
- Pharma and cold chain relevance
- High
- E-commerce relevance
- High
Trade
Top import partners
Top export partners
Top import goods
- Electronics
- Machinery
- Mineral oils
- Chemicals
- Precious metals
Top export goods
- Electronics
- Mineral oils
- Machinery
- Pharmaceuticals
- Ships
Typical cargo
- Electronics / semiconductors
- Mineral oil / bunker fuel
- Chemicals
- Pharmaceuticals
- Machinery
Upcoming public holidays
- DeepavaliSun, 8 Nov 2026 · businesses closed
- Christmas DayFri, 25 Dec 2026 · businesses closed
- New Year's DayFri, 1 Jan 2027 · businesses closed
- Chinese New Year (Day 1)Sat, 6 Feb 2027 · businesses closed
- Chinese New Year (Day 2)Sun, 7 Feb 2027 · businesses closed
- Hari Raya PuasaWed, 10 Mar 2027 · businesses closed
- Good FridayFri, 26 Mar 2027 · businesses closed
- Labour DaySat, 1 May 2027 · businesses closed
Latest logistics news
- Singapore: Marine Biofuel Sales Decline Significantly21 Oct 2026
According to Reuters, Singapore's marine biofuel sales declined by 47 percent from January to September. Uncertain international regulations are dampening demand.
- JAL and Nippon Express Launch New 747 Cargo Route USA–Asia10 Oct 2026
New 747F service connects Los Angeles, Narita, Taipei, and Singapore. Service launch scheduled for October 3, initially operating once weekly.
- Asia-Europe: Increased Suez Traffic Intensifies Pressure on Freight Rates8 Oct 2026
More Suez traffic brings capacity back to Asia–Europe. This puts pressure on rates, while port congestion and blank sailings could quickly reverse the picture.
- Gemini Sends Four Additional Services Through Suez Canal3 Oct 2026
Four Gemini services return to Suez. Shippers benefit from shorter transit times, but must continue planning for diversions.
- China-Laos Railway Exceeds 90 Million Tonnes in Total Freight17 Sept 2026
The China-Laos Railway is developing into a regional trade corridor. A total of 90 million tonnes of freight have been transported, of which 21 million tonnes crossed borders.
Logistics questions
What is the import tax (GST) in Singapore?
The GST (Goods and Services Tax) has been 9 percent since 1 January 2024 (previously 8 percent) and is levied on the CIF value plus any customs duties and excise duties. It is collected by Singapore Customs or the IRAS. Imports with a value above 400 SGD are subject to GST.
Do I have to pay customs duties in Singapore?
Singapore is a free port. Customs duties apply only to four product groups: spirits, tobacco products, motor vehicles and mineral oil products. All other goods are duty-free and are subject only to the 9 percent GST.
Which system does Singapore use for customs declarations?
Declarations are submitted electronically via the National Single Window TradeNet, which is increasingly being replaced by the Networked Trade Platform (NTP). Approvals are usually granted within ten minutes. The system is operated by Singapore Customs.
Which goods are prohibited or controlled in Singapore?
Prohibited items include chewing gum (except for medical use), e-vaporizers, fireworks and controlled drugs. Controlled items requiring authorization include weapons, pharmaceuticals (HSA), food (SFA) as well as animals and plants (NParks).
Which free trade agreements matter for Swiss and EU exporters?
Switzerland and the EFTA states are covered by the EFTA-Singapore Free Trade Agreement, and the EU by the EUSFTA (in force since 21 November 2019). Singapore is also part of ASEAN/ATIGA, CPTPP and RCEP. Preference proofs are issued via TradeNet.
Why is Singapore such an important logistics hub?
Singapore operates the world's largest container transshipment port (over 40 million TEU in 2024, around 90 percent transshipment) and, with Changi, one of Asia's leading air cargo hubs. Combined with a dense free trade network, it serves as a central distribution hub for Southeast Asia.
What import GST applies in Singapore?
Since 1 January 2024 the Goods and Services Tax (GST) is 9 percent (previously 8 percent), charged on the CIF value plus any duty and excise. It is collected by Singapore Customs and IRAS. Imports valued above SGD 400 are subject to GST.
Do I have to pay customs duty in Singapore?
Singapore is a free port. Customs duty applies to only four categories of goods: intoxicating liquors, tobacco products, motor vehicles and petroleum products. All other goods are duty-free and carry only the 9 percent GST.
Which system does Singapore use for customs declarations?
Declarations are filed electronically through the National Single Window TradeNet, which is increasingly being replaced by the Networked Trade Platform (NTP). Permits are usually approved within ten minutes. The system is operated by Singapore Customs.
Which goods are prohibited or controlled in Singapore?
Prohibited items include chewing gum (except therapeutic), e-vaporisers, firecrackers and controlled drugs. Controlled and permit-bound goods include weapons, pharmaceuticals (HSA), food (SFA) and animals and plants (NParks).
Which free trade agreements matter for Swiss and EU exporters?
Swiss and EFTA exporters benefit from the EFTA-Singapore FTA, while the EU is covered by the EUSFTA (in force since 21 November 2019). Singapore is also part of ASEAN/ATIGA, CPTPP and RCEP. Preference proofs are issued via TradeNet.
Why is Singapore such an important logistics hub?
Singapore runs the world's largest container transshipment port (over 40 million TEU in 2024, around 90 percent transshipment) and, with Changi, one of Asia's leading air cargo hubs. Combined with a dense free trade network, it serves as the central distribution centre for Southeast Asia.
Full logistics profile on Freight Academy ↗
Powered by Freight Academy, verified 18 Jul 2026. Logistics information, not a sanctions source.