Singapore Balance of Trade - Forecast

Balance of Trade in Singapore is expected to be 11300.00 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 6113.00 in 12 months time. In the long-term, the Singapore Balance of Trade is projected to trend around 6800.00 Million SGD in 2020, according to our econometric models.


Singapore Balance of Trade
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Singapore Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 5349 11344 6650 6135 6253 7326
Exports 47293 48036 47692 48121 48262 50326
Imports 41945 36692 41042 41986 42009 43000
Current Account 20538 21700 22000 23000 26700 24000
Current Account to GDP 19.5 19.3 19.3 18.7 18.7 18
External Debt 0 0 0 0 0 0
Terms of Trade 102 102 101 99.89 97.81 82.24
Capital Flows 14194 18000 21000 19020 14940 21000
Tourist Arrivals 1542180 1500000 1480000 1472000 1460000 1560000
Gold Reserves 127 127 127 127 127 127
Terrorism Index 0 0.2 0.2 0.3 0.3 0.4
Weapons Sales 47 42 42 52 52 56
Foreign Direct Investment 20265 22200 22050 23000 23600 27700