Singapore Balance of Trade  1964-2016 | Data | Chart | Calendar | Forecast

Singapore recorded a trade surplus of 6,124 SGD million in May of 2016, down from 7,208 SGD million surplus a year earlier. While total exports contracted by 2.1 percent year-on-year, following a 8.1 percent decline in April, total imports dropped by 0.9 percent, compared to a 12.0 percent decrease in the preceding month. Total trade contracted by 1.5 percent in May, following a 9.9 percent decline in the previous month. In April 2016, the country posted a 5,843 SGD million trade surplus. Balance of Trade in Singapore averaged 699.19 Million SGD from 1964 until 2016, reaching an all time high of 8612.24 Million SGD in March of 2015 and a record low of -1985.81 Million SGD in October of 1993. Balance of Trade in Singapore is reported by the Statistics Singapore.

Singapore Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
6124.50 5843.00 8612.24 -1985.81 1964 - 2016 Million SGD Monthly
SA
Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: machinery and equipment (46 percent of the total exports), fuel (26 percent), and chemicals (13 percent). Main imports are: machinery and equipment (43 percent of the total exports), fuel (32 percent), miscellaneous manufactures (7 percent) and chemical products (7 percent). In recent years, the biggest trade deficits were recorded with China, Malaysia, the United States, Taiwan, Indonesia and the United Kingdom. Singapore records trade surpluses with Bahrain, Myanmar, Hong Kong, Brazil and India. This page provides the latest reported value for - Singapore Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-18 12:30 AM Mar $3.66B $4.06B $6.2B
2016-05-17 12:30 AM Apr $5.84B $3.66B $ 4.8B
2016-06-17 12:30 AM May $6.12B $5.84B $4.5B
2016-07-18 12:30 AM Jun $6.12B $4.9B
2016-08-17 12:30 AM Jul $5.2B
2016-09-16 12:30 AM Aug 5279.10

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 6124.50 5843.00 8612.24 -1985.81 Million SGD [+]
Exports 39074.01 37050.20 45075.52 197.68 Million SGD [+]
Imports 32949.46 31207.20 43577.46 266.38 Million SGD [+]
Current Account 17774.10 20714.80 27484.10 -662.70 SGD Million [+]
Current Account to GDP 19.70 17.40 27.30 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 107.77 108.58 178.53 99.02 Index Points [+]
Capital Flows 25880.40 -18881.80 25880.40 -28095.30 SGD Million [+]
Tourist Arrivals 1382486.00 1400375.00 1516733.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Weapons Sales 48.00 2.00 91.00 1.00 USD Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 18149.60 21309.80 24489.00 -4441.60 SGD Million [+]




Last
Afghanistan -7159.00 Dec/15
Albania -30143.50 May/16
Algeria -1270.00 Sep/15
Angola 3002.24 Dec/15
Argentina 439.00 May/16
Armenia -108.90 May/16
Aruba -520.80 Dec/15
Australia -1579.00 Apr/16
Austria 142.00 Mar/16
Azerbaijan 621706.00 Mar/16
Bahamas -514.90 Dec/15
Bahrain 3441.00 Dec/14
Bangladesh -57.02 Mar/16
Barbados -254822.00 Dec/15
Belarus -258.80 Apr/16
Belgium 1249.00 Apr/16
Belize -131.30 Apr/16
Benin -164.32 Mar/16
Bhutan -26021.60 Dec/15
Bolivia -355.90 Dec/15
Bosnia and Herzegovina -404.87 Apr/16
Botswana -20.60 Mar/16
Brazil 6437.00 May/16
Brunei 195.90 Apr/16
Bulgaria -156.80 Apr/16
Burkina Faso -49.00 Sep/14
Burundi -76937.10 Mar/16
Cambodia -786.30 Jan/16
Cameroon -1054.40 Dec/13
Canada -2936.70 Apr/16
Cape Verde -4178.80 Mar/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 744.79 May/16
China 499.80 May/16
Colombia -1.29 Apr/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -365.50 May/16
Croatia -4530.70 Apr/16
Cuba -9578.00 Dec/15
Cyprus -253738.00 Apr/16
Czech Republic 56003.00 Apr/16
Denmark 7736.70 Apr/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -49370.69 Mar/16
Ecuador 53993.00 Apr/16
Egypt -2717.00 Apr/16
El Salvador -359.50 Apr/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -170.74 Apr/16
Ethiopia -3557.70 Dec/15
Euro Area 27481.90 Apr/16
European Union 5566.30 Apr/16
Fiji -262673.00 Dec/15
Finland -225.00 Apr/16
France -5219.00 Apr/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -436.32 May/16
Germany 25607.00 Apr/16
Ghana -773.70 Mar/16
Greece -2057.60 Apr/16
Guatemala -499.04 Apr/16
Guinea -103.83 Jun/13
Guinea Bissau -23.80 Dec/14
Guyana -77.30 Sep/15
Haiti -179.27 Sep/15
Honduras -372.50 Mar/16
Hong Kong -26228.00 May/16
Hungary 299000.00 Apr/16
Iceland -15000.00 May/16
India -6272.90 May/16
Indonesia 375.60 May/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 4533900.00 Apr/16
Israel -950.30 Apr/16
Italy 4519.87 Apr/16
Ivory Coast 890.60 Dec/14
Jamaica -761100.00 Dec/15
Japan -40.72 May/16
Jordan -887215.00 Mar/16
Kazakhstan 711.70 Apr/16
Kenya -72360.00 Apr/16
Kosovo -227670.00 Apr/16
Kuwait 402.00 Mar/16
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -164.00 May/16
Lebanon -1373.07 Apr/16
Lesotho -2961.47 Dec/15
Liberia -115.60 Mar/16
Libya -17675.60 Dec/14
Liechtenstein 371580.00 Mar/16
Lithuania -242.70 Apr/16
Luxembourg -0.39 Apr/16
Macau -4817945.50 Apr/16
Macedonia -192142.00 Apr/16
Madagascar 101517.00 Mar/16
Malawi -31524.80 Sep/15
Malaysia 9060.00 Apr/16
Maldives -165.70 Apr/16
Mali -100.60 Mar/15
Malta -247000.00 Apr/16
Mauritania -24.89 Dec/15
Mauritius -6081.00 Apr/16
Mexico -527.00 May/16
Moldova -194.30 Apr/16
Monaco 7.80 Mar/16
Mongolia 124.70 Apr/16
Montenegro -183453.00 May/16
Morocco -14678.00 Apr/16
Mozambique -1754.40 Dec/15
Myanmar -914.60 Nov/15
Namibia -8322.34 Dec/15
Nepal -58541.90 Dec/15
Netherlands 4942.00 Apr/16
New Caledonia -11870.00 Mar/16
New Zealand 358.00 May/16
Nicaragua -234.30 Mar/16
Niger -441985.00 Sep/15
Nigeria 171309.90 Mar/16
North Korea -476.67 Dec/15
Norway 6567.00 May/16
Oman -45.20 Dec/15
Pakistan -227733.00 May/16
Palestine -326.70 Mar/16
Panama -843451.00 Apr/16
Papua New Guinea 3957.00 Dec/15
Paraguay 54678.00 May/16
Peru 13.00 Apr/16
Philippines -2275000.00 Apr/16
Poland 520.00 Apr/16
Portugal -708.00 Apr/16
Puerto Rico 2091.50 Apr/16
Qatar 4782.00 Apr/16
Republic of the Congo 4092.35 Dec/10
Romania -836.20 Apr/16
Russia 6750.00 Apr/16
Rwanda -150.29 Dec/15
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 22467.00 Dec/15
Senegal -94.80 Mar/16
Serbia -310.90 Apr/16
Seychelles -32.60 Apr/16
Sierra Leone -33.70 Dec/15
Singapore 6124.50 May/16
Slovakia 404.00 Apr/16
Slovenia 114.18 Apr/16
Somalia -1473.48 Dec/15
South Africa 430.54 Apr/16
South Korea 7100.00 May/16
South Sudan -3492.00 Dec/14
Spain -637300.00 Apr/16
Sri Lanka -551.70 Feb/16
Sudan -489010.00 Mar/16
Suriname -23.00 Mar/16
Swaziland 1217.38 Dec/15
Sweden -2100.00 May/16
Switzerland 3785.97 May/16
Syria 9394.50 Dec/10
Taiwan 3500.00 May/16
Tajikistan -169.20 Mar/16
Tanzania 100.80 Mar/16
Thailand 1540.00 May/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1090.30 May/16
Turkey -4207.02 Apr/16
Turkmenistan 2431.94 Dec/14
Uganda -126.70 Apr/16
Ukraine -230.30 Mar/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -3294.00 Apr/16
United States -37436.00 Apr/16
Uruguay -322496.00 Apr/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -100.00 Jun/16
Yemen -2914.30 Dec/13
Zambia -751.30 Apr/16
Zimbabwe -290.99 Dec/14