Singapore Balance of Trade  1964-2018 | Data | Chart | Calendar | Forecast

Singapore recorded a trade surplus of 2724.07 Million SGD in July of 2018. Balance of Trade in Singapore averaged 858.87 Million SGD from 1964 until 2018, reaching an all time high of 7827.21 Million SGD in December of 2011 and a record low of -1985.81 Million SGD in October of 1993.

Singapore Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-18 12:45 AM Balance of Trade $5.4B $6.0B $ 5.4B
2018-07-17 01:00 AM Balance of Trade $5.35B $5.4B $6.8B
2018-08-17 12:30 AM Balance of Trade $2.72B $5.29B $ 4.8B
2018-09-17 12:30 AM Balance of Trade $2.72B $ 5.0B
2018-10-17 12:30 AM Balance of Trade $ 11.3B
2018-11-16 01:00 AM Balance of Trade $ 5.3B


Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 2724.07 5285.28 7827.21 -1985.81 Million SGD [+]
Exports 47830.23 47218.09 47945.14 197.68 Million SGD [+]
Imports 45106.16 41932.81 45106.16 266.38 Million SGD [+]
Current Account 22832.40 21035.90 25054.10 -659.20 SGD Million [+]
Current Account to GDP 19.50 19.00 26.10 -13.10 percent [+]
External Debt 1967083.10 1967083.10 1967083.10 0.00 SGD Million [+]
Terms of Trade 101.98 101.68 178.53 99.02 Index Points [+]
Capital Flows 14096.30 14193.60 23813.20 -5008.50 SGD Million [+]
Tourist Arrivals 1542586.00 1468808.00 1631950.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Weapons Sales 47.00 48.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 20265.30 23572.10 29875.80 -4441.60 SGD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Singapore Balance of Trade

Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: machinery and equipment (43 percent of the total exports); petroleum (19 percent) and chemicals (13 percent). Main imports are: machinery and equipment (39 percent of the total imports); petroleum (33 percent); chemical products (7 percent) and miscellaneous manufactured articles (7 percent). In 2017, the biggest trade deficits were recorded with China, Hong Kong, Malaysia, Indonesia and the United States. Singapore did not record surpluses with any country. This page provides the latest reported value for - Singapore Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2724.07 5285.28 7827.21 -1985.81 1964 - 2018 Million SGD Monthly
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balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1154.26 Jul/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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