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Gaming products among top 3 online exports from Singapore: PayPal report

The Straits Times

|

November 21, 2025

Items worth $775m sold in year to March; beauty and fashion goods are other 2 pillars

- Lee Li Ying Correspondent

Gaming products are among the top three online exports from Singapore by annual transaction value and volume, according to an inaugural report by payments firm PayPal, which tracks cross-border trade online.

Game credits and in-game accessories like rare skins are most commonly sold, said local gaming companies.

Inall, US$593 million (S$775 million) worth of gaming products were sold between April 2024 and March 2025, driven by demand from the US, Germany and Japan, according to PayPal.

During that period, PayPal processed a total of US$16 billion worth of online sales from Singapore sellers in the top three verticals of gaming, beauty and fashion.

Fashion products include clothes, shoes and jewellery, while beauty products include makeup and skincare.

The report also generated insights from Hong Kong, the UK, the US and Germany.

Similar to Singapore, Hong Kong’s top three sectors with the highest exports by value and volume are gaming, computers and software, and general retail, according to PayPal.

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