Singapore Imports: ASEAN vs. Non-ASEAN Duty (30-50% Cost Difference)
Buy textiles from Vietnam (ASEAN): SGD 100 fabric → SGD 100 cost (0% duty via AFTA). Buy same from Bangladesh (non-ASEAN): SGD 100 → SGD 130 (30% duty). Supplier choice determines margin 15-30%. AskBiz compares landed cost by origin.
6 min read