Singapore Balance of Trade
Singapore recorded a trade surplus of 5887900 Thousand SGD in June of 2014. Balance of Trade in Singapore averaged 458313.08 Thousand SGD from 1964 until 2014, reaching an all time high of 9600000 Thousand SGD in November of 2003 and a record low of -1985810 Thousand SGD in October of 1993. Balance of Trade in Singapore is reported by the Statistics Singapore.
||1964 - 2014
Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: electronic goods (31 percent of total exports), fuel (26 percent) and chemicals (12 percent). Main imports are: fuel (33 percent of total imports), electronic components (25 percent), machinery (16 percent), chemicals (6 percent) and manufactured goods (5 percent). Main trading partners are China (12 percent of total exports and 11 percent imports) and Malaysia (12 percent exports and 11 percent imports). Others include: United States, Indonesia and Japan. This page provides - Singapore Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.