Singapore Overview
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Janet MorrisSingapore-New Zealand relations are long-standing and friendly, and are based on a close political, economic and defence ties.
Two-way trade between Singapore and New Zealand continues to increase. In the year to December 2007, it reached a total of NZ$2.8 billion. The balance of trade stands in Singapore's favour, although New Zealand exports have been growing (the year to June 2007 total was NZ$514 million)and the trend is towards an improved balance of trade. In the year ending December 2007, Singapore was our twelfth largest export market.
In addition to AANZFTA, New Zealand also partners with Singapore in the 2005 Trans-Pacific Strategic Economic Partnership (TPSEP, TransPac or P4). We are also parties to bilateral agreements on Defence, Double Taxation, Air Services, an Audio-visual Co-production Agreement and a Work Exchange Agreement enabling tertiary students and recent graduates to work in each other's country for up to six months.
Key demographics
| Official name | The Republic of Singapore |
| Land area | 707 sq km |
| Population | 4.6 million |
| Capital city | Singapore |
| Religion | Buddhism, Islam, Christianity, Taoism, Hindu |
| Language | Malay, Chinese (Mandarin), Tamil and English are the official languages. Malay is the national language and English the administrative language. |
| Currency | Singapore dollar |
Key statistics
| GDP | US$161.35 billion |
| GDP per capita | US$49,754 (PPP estimate 2007) |
| Total exports | US$299.3 billion |
| Total imports | US$263.15 billion |
| Total NZ exports to Singapore | NZ$896.9 million (2007-8) |
| Total NZ imports from Singapore | NZ$2254.4 million (2007-8) |
Sources of data: IMF (GDP data), World Bank (export/imports) and Statistics New Zealand (NZ exports/imports).
Last updated: 16 December 2008
