Singapore recorded a trade surplus of 2205.64 SGD Million in December of 2025. Balance of Trade in Singapore averaged 1371.99 SGD Million from 1964 until 2025, 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 5948 SGD Million in September of 2025.

Singapore recorded a trade surplus of 5948 SGD Million in September of 2025. Balance of Trade in Singapore is expected to be 9500.00 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
2025-12-17 01:30 AM
Balance of Trade
Nov $7.669B $7.168B $7.8B
2026-01-16 12:30 AM
Balance of Trade
Dec $2.205B $7.667B $6.9B
2026-02-16 12:30 AM
Balance of Trade
Jan $2.205B $2.0B


Related Last Previous Unit Reference
Balance of Trade 2205.64 7667.71 SGD Million Dec 2025
Capital Flows 46797.10 18544.80 SGD Million Sep 2025
Current Account 33386.60 35066.20 SGD Million Sep 2025
Current Account to GDP 17.50 17.70 percent of GDP Dec 2024
Exports 64619.85 65901.84 SGD Million Dec 2025
External Debt 3007246.30 2962770.40 SGD Million Sep 2025
Foreign Direct Investment 45948.30 58710.10 SGD Million Sep 2025
Imports 62414.21 58234.13 SGD Million Dec 2025
Terms of Trade 98.03 98.10 points Dec 2025


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
2205.64 7667.71 14218.87 -1999.81 1964 - 2025 SGD Million Monthly
SA