UPS study finds Singapore's intra-Asia trade value could grow 50% by 2030

© Mingwei Chan

PRESS RELEASE

High-tech segment along with Singapore’s strategic location and strong trade relationships has potential to fuel trade growth in the coming decade

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Singapore, March 21, 2023 – The value of Singapore’s trade with 11 other major Asian markets could grow by over 50% by 2030, according to an industry study released by UPS. Clearing the Runway for Intra-Asia Trade sheds light on trade growth drivers, potential headwinds, and multistakeholder action required to unlock the 2030 opportunity.

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Download the UPS intra-Asia study here.

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Singapore’s trade with other major Asian ...