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

Singapore recorded a trade surplus of 5,592 SGD million in August of 2016, higher than a 4,710 SGD million surplus a year earlier. Total exports grew by 2.3 percent year-on-year, following a 10.6 percent decline in July. Total imports dropped by 1.2 percent, compared to a 12.3 percent contraction in the preceding month. Total trade rose 0.6 percent in August, in contrast to a 11.4 percent decline in a month earlier. In July 2016, trade surplus came in at 6,519 SGD million. Balance of Trade in Singapore averaged 700.66 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. 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
5592.00 6519.51 8113.78 -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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-18 12:30 AM Jun $5.2B $6.12B $4.9B
2016-08-17 12:30 AM Jul $6.5B $5.2B $5.9B
2016-09-16 12:30 AM Aug $5.6B $6.5B $ 4.4B
2016-10-17 12:30 AM Sep $5.6B $3.6B
2016-11-17 12:30 AM Oct $6.8B

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5592.00 6519.51 8113.78 -1985.81 Million SGD [+]
Exports 37920.42 38701.24 45291.60 197.68 Million SGD [+]
Imports 32328.44 32181.73 43487.65 266.38 Million SGD [+]
Current Account 20852.20 18846.70 22141.80 -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 106.33 106.12 178.53 99.02 Index Points [+]
Capital Flows 15781.90 26898.30 26898.30 -7726.10 SGD Million [+]
Tourist Arrivals 1621656.00 1269120.00 1621656.00 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 24911.40 15032.80 24911.40 -4441.60 SGD Million [+]




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Albania -29464.00 Aug/16
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Angola 3002.24 Dec/15
Argentina 705.00 Aug/16
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Aruba -423.80 Jun/16
Australia -2410.00 Jul/16
Austria 130.00 Jun/16
Azerbaijan 621706.00 Mar/16
Bahamas -459.80 Mar/16
Bahrain 1513.00 Dec/15
Bangladesh -62.34 Jun/16
Barbados -254822.00 Dec/15
Belarus 32.40 Jul/16
Belgium 2544.10 Jul/16
Belize -132.80 Jul/16
Benin -191.61 Jun/16
Bhutan -26021.60 Dec/15
Bolivia -136.20 Apr/16
Bosnia and Herzegovina -526211.72 Jul/16
Botswana -175.90 Jul/16
Brazil 4140.00 Aug/16
Brunei 417.80 Jul/16
Bulgaria -29.90 Jul/16
Burkina Faso -49.00 Sep/14
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Cambodia -1748.30 May/16
Cameroon -1054.40 Dec/13
Canada -2487.90 Jul/16
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Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -274.00 Aug/16
China 520.49 Aug/16
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Congo 1001.80 Dec/14
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Croatia -4059.88 Jul/16
Cuba -9578.00 Dec/15
Cyprus -304347.00 Jul/16
Czech Republic 24445.00 Jul/16
Denmark 8796.60 Jul/16
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Dominican Republic -631.90 Mar/16
East Timor -39175.91 Jun/16
Ecuador 204425.00 Jul/16
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Finland -245.00 Jul/16
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Germany 19500.00 Jul/16
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Guatemala -452.00 Jul/16
Guinea -308.73 Jun/16
Guinea Bissau -23.80 Dec/14
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Haiti -229.96 Jun/16
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Hong Kong -32096.00 Aug/16
Hungary 208000.00 Jul/16
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India -7674.14 Aug/16
Indonesia 293.60 Aug/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3526700.00 Jul/16
Israel -1899.30 Aug/16
Italy 7794.95 Jul/16
Ivory Coast 890.60 Dec/14
Jamaica -680800.00 Mar/16
Japan -18.71 Aug/16
Jordan -658173.00 Jun/16
Kazakhstan 1289.60 Jul/16
Kenya -79107.00 Jun/16
Kosovo -249009.00 Aug/16
Kuwait 402.00 Mar/16
Kyrgyzstan -291.40 Jun/16
Laos -594.89 Dec/15
Latvia -182.90 Jul/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -99.90 May/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -178.60 Jul/16
Luxembourg -0.42 Jul/16
Macau -5944415.49 Aug/16
Macedonia -131493.00 Jul/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 1907.37 Jul/16
Maldives -161.70 Jun/16
Mali -100.60 Mar/15
Malta -149432.00 Jul/16
Mauritania -79.64 Mar/16
Mauritius -8160.00 Jul/16
Mexico -1913.24 Aug/16
Moldova -148.40 Jul/16
Monaco -104.50 Jun/16
Mongolia 110.00 Aug/16
Montenegro -168082.00 Aug/16
Morocco -17306.00 Jul/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4821.00 Jul/16
New Caledonia -9890.65 Jun/16
New Zealand -1265.00 Aug/16
Nicaragua -223.90 Jun/16
Niger -286709.90 Mar/16
Nigeria -29398.00 Jun/16
North Korea -476.67 Dec/15
Norway 6763.00 Aug/16
Oman -45.20 Dec/15
Pakistan -279639.00 Aug/16
Palestine -310.20 Jul/16
Panama -918416.00 Jul/16
Papua New Guinea 3957.00 Dec/15
Paraguay -154825.00 Aug/17
Peru 484.00 Jul/16
Philippines -2053160.00 Jul/16
Poland -313.00 Jul/16
Portugal -557.44 Jul/16
Puerto Rico 2982.40 Jun/16
Qatar 8688.00 Aug/16
Republic of the Congo 4092.35 Dec/10
Romania -642.90 Jul/16
Russia 6490.00 Jul/16
Rwanda -142.60 May/16
Sao Tome and Principe -27.28 Jun/16
Saudi Arabia 16295.00 Mar/16
Senegal -159.34 Jul/16
Serbia -300.30 Jul/16
Seychelles -40.31 Jul/16
Sierra Leone -52.89 Jun/16
Singapore 5592.00 Aug/16
Slovakia 60.00 Jul/16
Slovenia 99.78 Jul/16
Somalia -1473.48 Dec/15
South Africa 5223.30 Jul/16
South Korea 5300.00 Aug/16
South Sudan -104.70 Dec/15
Spain -557800.00 Jul/16
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Sudan -424613.00 Jun/16
Suriname 32.40 Jun/16
Swaziland 1217.38 Dec/15
Sweden -10300.00 Aug/16
Switzerland 3024.63 Aug/16
Syria 9394.50 Dec/10
Taiwan 3984.83 Aug/16
Tajikistan -142.90 Jul/16
Tanzania -207.80 Jun/16
Thailand 2130.00 Aug/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1397.20 Aug/16
Turkey -4787.97 Jul/16
Turkmenistan 2181.97 Dec/15
Uganda -175.50 Jul/16
Ukraine -264.80 Aug/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4502.00 Jul/16
United States -39474.00 Jul/16
Uruguay 207156.00 Jul/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -100.00 Sep/16
Yemen -2914.30 Dec/13
Zambia -473.90 Jul/16
Zimbabwe -322.86 Mar/16