Singapore recorded a trade surplus of 5573.52 SGD Million in May of 2026. Balance of Trade in Singapore averaged 1428.44 SGD Million from 1964 until 2026, reaching an all time high of 14218.87 SGD Million in April of 2025 and a record low of -1999.81 SGD Million in October of 1993. source: Statistics Singapore

Singapore recorded a trade surplus of 11218 SGD Million in March of 2026.

Singapore recorded a trade surplus of 11218 SGD Million in March of 2026. Balance of Trade in Singapore is expected to be 4000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Balance of Trade is projected to trend around 12500.00 SGD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-18 12:30 AM
Balance of Trade
Apr $13.068B $11.120B $8.9B
2026-06-17 12:45 AM
Balance of Trade
May $5.573B $13.132B $7.0B
2026-07-17 12:30 AM
Balance of Trade
Jun $5.573B $ 4B


Related Last Previous Unit Reference
Balance of Trade 5573.52 13068.67 SGD Million May 2026
Capital Flows 26006.70 16906.20 SGD Million Mar 2026
Current Account 41094.10 40236.00 SGD Million Mar 2026
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Exports 83242.69 86702.40 SGD Million May 2026
External Debt 3175341.00 3093588.80 SGD Million Dec 2025
Foreign Direct Investment 55720.80 58551.60 SGD Million Mar 2026
Imports 77669.17 73566.47 SGD Million May 2026
Terms of Trade 96.36 93.30 points Apr 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
5573.52 13068.67 14218.87 -1999.81 1964 - 2026 SGD Million Monthly
SA