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

Singapore trade surplus decreased to 5.4 SGD billion in April of 2017 from 6.2 SGD billion a year earlier. It was the smallest surplus since January 2017, as total exports rose less than imports. Total exports increased by 4.2 percent (following an 18.7 percent rise in March) while total imports went up 7.5 percent (after 18.9 percent). Total trade rose 5.7 percent, compared to a downwardly revised 18.8 percent increase in a month earlier. Balance of Trade in Singapore averaged 751.64 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)
2017-03-17 01:00 AM Feb $7.8B $3.3B $2.4B
2017-04-17 12:40 AM Mar $6.1B $7.8B $1.9B
2017-05-17 04:00 AM Apr $5.4B $6.1B $6.5B
2017-06-17 12:30 AM May $5.4B $6.8B
2017-07-18 12:30 AM Jun $5.1B
2017-08-17 12:30 AM Jul $7.1B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5416.90 6042.48 8482.86 -1985.81 Million SGD [+]
Exports 41058.59 43132.96 46169.53 197.68 Million SGD [+]
Imports 35641.69 37090.50 44108.04 266.38 Million SGD [+]
Current Account 19398.00 18129.90 23731.80 -659.20 SGD Million [+]
Current Account to GDP 19.00 18.10 26.10 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 105.10 104.51 178.53 99.02 Index Points [+]
Capital Flows 22727.00 18184.30 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1129745.00 1360773.00 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 46.00 48.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 24859.90 21136.00 29895.30 -4441.60 SGD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5416.90 6042.48 8482.86 -1985.81 1964 - 2017 Million SGD Monthly
SA



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17