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International Trade and Logistics

last updated 11 March 2019

International trade forms the backbone of Singapore’s open and trade-friendly economy. We ensure that our institutions, infrastructure, policies and services, encourage the free flow of goods, and we are one of the major trading hubs in the world. With the opportunities provided by new digital technologies, we aim to work with various countries to accelerate digital innovation in global trade. At present, international trade transactions often involve large numbers of documents that are exchanged between multiple stakeholders. These paper-based documentations are inefficient, costly and susceptible to fraud. There is large potential to digitalise cross-border trade documentation, to reduce operating costs for businesses, lower risk of fraud and promote more growth in trade.

  • e-Freight

    e-freight@Singapore aims to integrate the air cargo and logistics supply chain through electronically linking stakeholders in the supply chain, promoting the adoption of paperless freight documentation and improving industry capabilities through the use of Infocomm & Technology (ICT).Read more
  • TradeTrust

    Working with various agencies and industry partners both locally and overseas, Singapore seeks to develop an interoperability framework, “TradeTrust”, for the exchange of digital trade documentation. This will enable a more seamless and efficient flow of goods between digitally inter-connected trading partners.Read more