Singapore Balance of Trade  1964-2017 | Data | Chart | Calendar | Forecast

Singapore trade surplus increased to 6.4 SGD billion in June of 2017 from 5.1 SGD billion a year earlier and reaching the largest surplus since February. Total exports grew by 7.9 percent, following a 12.4 percent rise in May. Imports increased by 6.9 percent, compared to a 18.4 percent in the preceding month. Total trade expanded 7.5 percent, following a 14.3 percent growth in a month earlier. Balance of Trade in Singapore averaged 775.05 Million SGD from 1964 until 2017, reaching an all time high of 8482.86 Million SGD in March of 2015 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 Forecast (i)
2017-05-17 04:00 AM Apr $5.4B $6.1B $6.5B
2017-06-16 12:45 AM May $5.4B $5.4B $6.8B
2017-07-17 12:30 AM Jun $6.4B $5.4B $5.1B
2017-08-17 12:30 AM Jul $6.4B $7.1B
2017-09-18 12:30 AM Aug $6.6B
2017-10-17 12:30 AM Sep $6.8B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 6440.03 5549.44 8482.86 -1985.81 Million SGD [+]
Exports 43039.91 44143.49 46169.53 197.68 Million SGD [+]
Imports 36599.88 38594.05 44108.04 266.38 Million SGD [+]
Current Account 19398.00 18129.90 23731.80 -659.20 SGD Million [+]
Current Account to GDP 19.00 18.10 26.10 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 104.37 103.86 178.53 99.02 Index Points [+]
Capital Flows 3283.00 22727.00 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1467851.00 1129745.00 1621656.00 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 46.00 48.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 25144.80 24859.90 29895.30 -4441.60 SGD Million [+]

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



Singapore Balance of Trade Notes

Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: machinery and equipment (46 percent of the total exports), fuel (26 percent), and chemicals (13 percent). Main imports are: machinery and equipment (43 percent of the total exports), fuel (32 percent), miscellaneous manufactures (7 percent) and chemical products (7 percent). In recent years, the biggest trade deficits were recorded with China, Malaysia, the United States, Taiwan, Indonesia and the United Kingdom. Singapore records trade surpluses with Bahrain, Myanmar, Hong Kong, Brazil and India. 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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6440.03 5549.44 8482.86 -1985.81 1964 - 2017 Million SGD Monthly
SA



balance of trade by Country

Last
Australia 2471.00 May/17
Brazil 7195.00 Jun/17
Canada -1085.90 May/17
China 427.50 Jun/17
Euro Area 21417.50 May/17
France -4886.00 May/17
Germany 22000.00 May/17
India -12959.90 Jun/17
Indonesia 1631.20 Jun/17
Italy 4341.51 May/17
Japan 439.91 Jun/17
Mexico -1079.20 May/17
Netherlands 4655.00 May/17
Russia 8519.00 May/17
South Korea 11400.00 Jun/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -7307.04 May/17
United Kingdom -3073.00 May/17
United States -46507.00 May/17