Singapore recorded a trade surplus of 12534 SGD Million in January of 2026. Balance of Trade in Singapore averaged 1390.05 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

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
2026-01-16 12:30 AM
Balance of Trade
Dec $2.205B $7.667B $6.9B
2026-02-16 01:30 AM
Balance of Trade
Jan $12.534B $4.501B $2.0B
2026-03-17 12:30 AM
Balance of Trade
Feb $12.534B $9.5B


Related Last Previous Unit Reference
Balance of Trade 12534.00 4501.00 SGD Million Jan 2026
Capital Flows 16906.20 42057.80 SGD Million Dec 2025
Current Account 40236.00 28479.40 SGD Million Dec 2025
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Exports 75338.95 64066.38 SGD Million Jan 2026
External Debt 3007246.30 2962770.40 SGD Million Sep 2025
Foreign Direct Investment 58551.60 42184.70 SGD Million Dec 2025
Imports 62804.82 59565.44 SGD Million Jan 2026
Terms of Trade 97.17 99.18 points Jan 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
12534.00 4501.00 14218.87 -1999.81 1964 - 2026 SGD Million Monthly
SA