Singapore recorded a trade surplus of 1943.12 Million SGD in December of 2018. Balance of Trade in Singapore averaged 882.24 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 -2000.77 Million SGD in October of 1993.
Balance of Trade in Singapore is expected to be 5400.00 Million SGD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Singapore to stand at 6200.00 in 12 months time. In the long-term, the Singapore Balance of Trade is projected to trend around 7300.00 Million SGD in 2020, according to our econometric models.