Increasing due to rising demand for semiconductor components in technology and telecommunications sectors
Special Rates
Preferential Rate under US-Singapore Free Trade Agreement (USSFTA)
0%
Applicable to qualifying goods originating from the United States under the USSFTA. Requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Singapore FPGA Trade Sees Growth Amid Tech Demand
Trade data indicates a 12% increase in FPGA exports from Singapore to the US in Q3 2023, driven by rising demand in AI and data center applications.
2023-10-15
Impact: Strengthens bilateral trade ties and boosts Singapore's position as a key supplier of high-tech components to the US.
Singaporean FPGA Manufacturers Expand US Market Share
Singapore-based FPGA firms have secured new contracts with US tech giants, increasing export volumes under the US-Singapore Free Trade Agreement.
2023-09-22
Impact: Enhances trade volume and fosters deeper economic collaboration in the semiconductor sector.
US Imposes Stricter Export Controls on Advanced Chips, Including FPGAs
The US Department of Commerce introduced new export controls on advanced semiconductor technologies, including certain FPGAs, affecting trade routes with Singapore.
2023-08-30
Impact: May slow down specific FPGA exports to Singapore if classified under restricted categories, requiring additional licensing.
Policy Updates
Update to US-Singapore Free Trade Agreement on Tech Goods
Amendments to the US-Singapore FTA now include streamlined customs procedures for high-tech goods like FPGAs, reducing processing times and costs.
Date: 2023-07-10
Singapore Revises Export Compliance for Semiconductor Products
Singapore updated its export compliance regulations to align with international standards on dual-use technologies, impacting FPGA trade documentation with the US.