Wholesale Trade

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Key opportunities

  • Trade 2030

  • Digitalisation

  • Innovation

  • Green Economy

Wholesale Trade

As part of Singapore Economy 2030, the Trade 2030 strategy was launched to grow trade volume, diversify trading activities, expand trade with more parts of the world, and attract more global traders and new trade flows through Singapore.

Capture opportunities in exports and trade as you leverage Singapore’s connectivity to the world.

View Trade 2030 infographic

Wholesale Trade

Global uncertainties and an increasing demand for sustainably-sourced products provide a strong impetus for companies to ensure supply chain traceability and better optimise operations. Leverage on digital tools such as the Networked Trade Platform and the TradeTrust framework to help improve operational efficiency and reduce supply chain risks.

Wholesale Trade - Innovation commodities

As the commodities trading industry faces increasing information transparency and narrowing profit margins, traders are increasingly refining their pre-trade strategies and optimising key processes to gain a competitive advantage. Participate in our innovation programmes to tap on external expertise and ideas to solve your business problems or test-bed and scale your solutions with potential customers.

Wholesale Trade - Green Economy

Singapore’s commitment to reach net-zero carbon emissions by 2050 presents new opportunities for companies. Riding on our strengths as a financial, trading, and transport hub, we have led the way in biofuels development and adoption, carbon credits origination and trading, and carbon capture utilisation.

Start your journey by integrating carbon accounting and sustainability reporting into your business, as an increasing number of buyers request for such documentation. Leverage on the Enterprise Sustainability Programme to find out how you can build knowledge on sustainability concepts and trends, create new sustainable products, or receive financial support for sustainability projects.

 

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Standards - Wholesale Trade

Is your business staying competitive?

In 2023, a refreshed Wholesale Trade Industry Transformation Map (ITM) was launched to prepare the industry for global competition by encouraging wholesalers to adapt and innovate to remain relevant through challenges like rising population, urbanisation and consumerism.

Explore the ITM to understand the core strategies, initiatives and schemes to drive innovation and technology adoption, upskill your workforce, and improve productivity.

Explore the benefits of Singapore's trade ecosystem

A global trading powerhouse, Singapore offers a vibrant trade ecosystem, developed infrastructure, and extensive global networks. By 2030, we will deepen and widen Singapore's trade, grow export value and double offshore trade. Tap unparalleled opportunities for your global trading ventures from this vibrant hub.

Standards - Wholesale Trade

Ways to expand your business in wholesale trade

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