With JSEPA and the recent review, exporters to Japan will enjoy near 100% zero tariff treatment. The revised JSEPA will provide Singapore tariff-free treatment for 8315 industrial and agricultural products, which constitute approximately 92.1% of Japan's total tariff lines. In the area of industrial products, Japan will grant concessions on 26 petrochemical/plastic products with varying staging periods for tariff reduction. In the area of agricultural products, Japan will grant additional concessions for more than 1340 products.

In the case of Mutual Recognition (MR) for Goods, with the MR, manufacturers and exporters can simply send their products to local conformity assessment bodies for testing and certification without having to undertake duplicative testing and certification of products in the importing country.

In the case of Government Procurement (GP), both countries agreed on the lowering of the GPA threshold values for goods and services (except construction services) to SDR 100,000. This is a SDR 30,000 reduction from both Singapore's and Japan's GPA threshold of SDR 130,000. This lowering will assist exporters to gain deeper access into the Japanese market.