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Singapore
Country Profile
Country Profile
Capital Singapore Official Languages English Malay Chinese Tamil Demonym Singaporean Area Total710 km2 (189th) 274 sq. mi Water (%) 1.444 Currency- Singapore Dollar Population 2011 census 5,183,700 (of whom 3,257,000 are Singapore citizens)[4] Density 7,315[5]/km2 (3rd) 18,943/sq. mt
Singapore
Singapore is the 14th largest exporter and the 15th largest importer in the world. Historically, international trade has strongly influenced the economy. According to the WTO, Singapore has the highest trade to GDP ratio in the world at 407.9 percent. Due to its geostrategic location and developed port facilities, a large volume of Singapore's merchandise exports involve entrepot trade with 47 percent of exports consisting of re-exports.
Export Products
-Integrated Circuits -Computers -Computer parts and Accessories -Crude oil -Ship and Aircraft bunkers
Singapore Member
WTO ASEAN Free Trade Area (AFTA), ASEAN-Australia-New Zealand FTA (AANZFTA) ASEAN-China FTA (ACFTA) ASEAN-India FTA (AIFTA) ASEAN-Japan Comprehension Economic Partner (AJCEP) ASEAN-Korea FTA (AKFTA)
SWOT Analysis
Strength Maintains Normal Blood circulation, Remedies Motion Sickness , improves absorption, Cold and flu Prevention, Colon cancer prevention Burn of fats and it boost appetite Weaknesses-Easy to imitate Opportunity- Maranao foods will be well known international Threats- existing products that are available in the market.