Singapore Balance of Trade  Forecast


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Balance of Trade in Singapore is expected to be 6000.00 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 6700.00 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.


Singapore Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 2948 6000 6400 6800 6700 7300
Exports 42072 44568 46130 44500 40694 50326
Imports 39124 38568 39730 37700 36692 43000
Current Account 21050 20000 22000 22800 19551 24000
Current Account to GDP 19 20.5 19.3 19.3 18.38 18
External Debt 0 0.4 0.71 1.12 1.62 9.45
Terms of Trade 104 106 103 104 104 105
Capital Flows 16744 25700 26000 20000 10786 21000
Tourist Arrivals 1559276 1692874 1503004 1449153 1493100 2210118
Gold Reserves 127 124 123 123 123 123
Terrorism Index 0 0.5 0.3 0.3 0 0.2
Weapons Sales 46 50 42 42 47.89 56
Foreign Direct Investment 18807 25703 18443 24392 19079 27753