Singapore Balance of Trade  1964-2017 | Data | Chart | Calendar | Forecast

Singapore recorded a trade surplus of 6.12 SGD billion in December of 2016, compared to a 5.41 SGD billion surplus a year earlier. It was the largest trade surplus since September, as total exports increased by 9.5 percent (following a 8.2 percent rise in November) while total imports went up by 10.2 percent, (compared to a 9.4 percent growth in the preceding month). Total trade rose 9.9 percent, after a 8.7 percent increase in a month earlier. In November 2016, trade surplus came in at 4.64 SGD billion. Balance of Trade in Singapore averaged 731.27 Million SGD from 1964 until 2016, reaching an all time high of 8113.78 Million SGD in December of 2011 and a record low of -1985.81 Million SGD in October of 1993.

Singapore Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-17 12:30 AM Oct $5.2B $6.4B $6.8B
2016-12-16 12:30 AM Nov $4.6B $5.2B
2017-01-17 12:45 AM Dec $6.1B $4.6B $ 3.5B
2017-02-17 12:30 AM Jan $6.1B $4.9B
2017-03-17 12:30 AM Feb $3.3B
2017-04-17 12:30 AM Mar $ 4.1B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 6120.70 4643.30 8113.78 -1985.81 Million SGD [+]
Exports 41948.60 39859.42 45291.60 197.68 Million SGD [+]
Imports 35827.90 35216.11 43487.65 266.38 Million SGD [+]
Current Account 24666.70 22376.90 24666.70 -659.20 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 106.18 105.98 178.53 99.02 Index Points [+]
Capital Flows 19451.10 17796.30 27242.80 -5008.50 SGD Million [+]
Tourist Arrivals 1234029.00 1227597.00 1621656.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Weapons Sales 48.00 2.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 23377.20 24059.70 26479.40 -4441.60 SGD Million [+]



Singapore Balance of Trade Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6120.70 4643.30 8113.78 -1985.81 1964 - 2016 Million SGD Monthly
SA



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