Imports in Singapore increased to 34581.96 Million SGD in June from 32994.41 Million SGD in May of 2020.

Imports in Singapore averaged 15295.65 Million SGD from 1964 until 2020, reaching an all time high of 44569.74 Million SGD in October of 2018 and a record low of 266.38 Million SGD in July of 1964. This page provides the latest reported value for - Singapore Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Imports - values, historical data and charts - was last updated on August of 2020. source: Statistics Singapore

Imports in Singapore is expected to be 41500.00 Million SGD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Singapore to stand at 42000.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 41500.00 Million SGD in 2021, according to our econometric models.

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Singapore Imports

Actual Previous Highest Lowest Dates Unit Frequency
34581.96 32994.41 44569.74 266.38 1964 - 2020 Million SGD Monthly
SA

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 4988.62 4520.16 7973.33 -1999.81 Million SGD [+]
Current Account 15541.20 19600.60 25762.20 -659.20 SGD Million [+]
Current Account to GDP 16.90 17.70 26.10 -13.10 percent [+]
Imports 34581.96 32994.41 44569.74 266.38 Million SGD [+]
Exports 39570.58 37514.57 48934.79 197.68 Million SGD [+]
External Debt 2360156.70 2123229.90 2360156.70 854184.00 SGD Million [+]
Terms of Trade 100.90 102.07 174.30 96.67 points [+]
Capital Flows 9062.10 15105.90 55757.90 -5143.10 SGD Million [+]
Tourist Arrivals 2170.00 880.00 1802533.00 750.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 24617.50 37792.20 43061.00 -4441.60 SGD Million [+]


Singapore Imports
The biggest import product, with 43 percent share, is machinery and equipment (with electronics accounting for 60 percent). The country also imports: crude oil (32 percent), miscellaneous manufactures (7 percent) and chemical products (7 percent). Main import partners are: China (11 percent), Malaysia (11 percent), the United States (9 percent), South Korea (8 percent), Japan (6 percent) and Indonesia (5 percent).
Singapore Imports by Country Last Previous
China 5307.53 4843.08 SGD Million Jun/20
Malaysia 5238.67 4003.55 SGD Million Jun/20
Taiwan 4336.97 3710.63 SGD Million Jun/20
United States 3827.25 3542.04 SGD Million Jun/20
Japan 1754.65 1785.07 SGD Million Jun/20
South Korea 1502.60 1283.88 SGD Million Jun/20
Indonesia 1338.19 1226.05 SGD Million Jun/20
Germany 978.83 892.79 SGD Million Jun/20
France 899.24 690.06 SGD Million Jun/20
Thailand 799.86 995.81 SGD Million Jun/20
United Kingdom 739.54 1104.02 SGD Million Jun/20
Hong Kong 536.10 170.56 SGD Million Jun/20
Saudi Arabia 405.43 425.00 SGD Million Jun/20
Australia 330.13 328.51 SGD Million Jun/20
Kuwait 29.34 159.14 SGD Million Jun/20
Singapore Imports by Category Last Previous
Imports of 35139.50 31465.87 SGD Million Jun/20
Retained 35116.85 31446.28 SGD Million Jun/20
Non Oil 30976.91 28738.87 SGD Million Jun/20
Machinery & Transport Equipment 19183.46 17491.75 SGD Million Jun/20
Electronics 9015.36 8177.53 SGD Million Jun/20
Oil 4162.59 2727.01 SGD Million Jun/20
Petroleum & Products & Related Products 3926.42 2472.62 SGD Million Jun/20
Chemicals & Chemical Products 3161.39 3116.57 SGD Million Jun/20
Miscellaneous Manufactured Articles 2918.74 2368.48 SGD Million Jun/20
Manufactured Goods 2056.43 2295.25 SGD Million Jun/20
Telecommunications Equipment Nes 1547.84 1373.18 SGD Million Jun/20
Food & Live Animals 1015.02 1021.95 SGD Million Jun/20
Parts & Accessories 1013.75 878.04 SGD Million Jun/20
Organic Chemicals 872.94 766.52 SGD Million Jun/20
Media Products & Plastic Articles 841.04 714.64 SGD Million Jun/20
Electrical Apparatus 632.56 569.07 SGD Million Jun/20
Electrical Machinery & Apparatus Nes 545.16 479.03 SGD Million Jun/20
Preparations 491.14 453.20 SGD Million Jun/20
Plastics In Primary Forms 473.90 437.06 SGD Million Jun/20
Non-ferrous Metals 435.79 389.38 SGD Million Jun/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category