Singapore recorded a trade surplus of 10724.68 SGD Million in July of 2026. Balance of Trade in Singapore averaged 1457.37 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 8500.00 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 and 912500.00 SGD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-17 12:30 AM
Balance of Trade
Jun $13.817B $5.556B $6.0B
2026-08-17 12:45 AM
Balance of Trade
Jul $10.724B $13.870B $12.0B
2026-09-17 12:30 AM
Balance of Trade
Aug $10.724B $11.0B


Related Last Previous Unit Reference
Balance of Trade 10724.69 13870.74 SGD Million Jul 2026
Capital Flows 27850.20 25714.00 SGD Million Jun 2026
Current Account 37077.40 40820.30 SGD Million Jun 2026
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Exports 86005.83 85978.77 SGD Million Jul 2026
External Debt 3332500.60 3175341.00 SGD Million Mar 2026
Foreign Direct Investment 58619.50 51481.80 SGD Million Jun 2026
Imports 75281.14 72108.03 SGD Million Jul 2026
Terms of Trade 97.84 98.66 points Jul 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
10724.69 13870.74 14218.87 -1999.81 1964 - 2026 SGD Million Monthly
SA