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

Singapore trade surplus widened to 7.8 SGD billion in February of 2017 from 2.8 SGD billion a year earlier. It was the largest trade surplus since March of 2015, as total exports jumped 22.1 percent (following a 11.1 percent rise in January) while total imports went up 6.8 percent (compared to a 20.9 percent growth in the preceding month). Total trade rose 14.6 percent, after a 15.5 percent increase in a month earlier. Balance of Trade in Singapore averaged 743.21 Million SGD from 1964 until 2017, reaching an all time high of 8482.86 Million SGD in March of 2015 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)
2017-01-17 12:45 AM Dec $6.1B $4.6B $ 3.5B
2017-02-17 01:00 AM Jan $3.3B $6.1B $6.3B
2017-03-17 01:00 AM Feb $7.8B $3.3B $2.4B
2017-04-17 12:30 AM Mar $7.8B $1.9B
2017-05-17 12:30 AM Apr $2.5B
2017-06-17 12:30 AM May $2.8B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 7752.90 3319.93 8482.86 -1985.81 Million SGD [+]
Exports 43285.90 42685.10 46169.53 197.68 Million SGD [+]
Imports 35533.00 39365.20 44108.04 266.38 Million SGD [+]
Current Account 18129.90 22765.50 23731.80 -659.20 SGD Million [+]
Current Account to GDP 19.80 17.50 26.10 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 105.08 104.98 178.53 99.02 Index Points [+]
Capital Flows 22727.00 18184.30 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1505299.00 1234029.00 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 24859.90 21136.00 29895.30 -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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7752.90 3319.93 8482.86 -1985.81 1964 - 2017 Million SGD Monthly
SA



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