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

Singapore recorded a trade surplus of 4,656 SGD million in March of 2016, down from 8,612 SGD million surplus a year earlier. Year-on-year, total exports decreased by 14.1 percent, following a 3.3 percent contraction in February. Total imports dropped by 8.6 percent, in contrast to a 2.2 percent decrease in the preceding month. Total trade contracted by 11.6 percent in March, following a 0.7 percent decline in the previous month. In February 2016, the country posted a 4,060 SGD million trade surplus. Balance of Trade in Singapore averaged 682.33 Million SGD from 1964 until 2016, reaching an all time high of 8612.24 Million SGD in March of 2015 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
3656.20 4060.00 8612.24 -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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-17 12:30 AM Jan $6.07B $5.15B $ 5.3B
2016-03-17 01:50 AM Feb $4.06B $6.07B $5.3B
2016-04-18 12:30 AM Mar $3.66B $4.06B $6.2B
2016-05-17 12:30 AM Apr $3.66B $ 4.8B
2016-06-17 12:30 AM May $ 4.4B
2016-07-16 12:30 AM Jun $ 4.6B

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 3656.20 4060.00 8612.24 -1985.81 Million SGD [+]
Exports 34788.40 36125.49 45075.52 197.68 Million SGD [+]
Imports 31132.20 32065.46 43577.46 266.38 Million SGD [+]
Current Account 20597.30 20615.80 27484.10 -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 108.58 109.84 178.53 99.02 Index Points [+]
Capital Flows -18881.80 -22351.90 5774.70 -28095.30 SGD Million [+]
Tourist Arrivals 1330561.00 1404905.00 1516733.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 18149.60 21309.80 24489.00 -4441.60 SGD Million [+]




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Albania -27150.00 Mar/16
Algeria -1270.00 Sep/15
Angola 3771.96 Sep/15
Argentina -266.00 Mar/16
Armenia -82.90 Mar/16
Aruba -491.66 Sep/15
Australia -3410.00 Feb/16
Austria 582.90 Jan/16
Azerbaijan 509849.00 Dec/15
Bahamas -514.90 Dec/15
Bahrain 3441.00 Dec/14
Bangladesh -48.12 Feb/16
Barbados -254822.00 Dec/15
Belarus -248.50 Feb/16
Belgium 1025.00 Feb/16
Belize -138.70 Feb/16
Benin -311.87 Dec/15
Bhutan -26021.60 Dec/15
Bolivia -303.50 Nov/15
Bosnia and Herzegovina -427.38 Mar/16
Botswana 549.30 Feb/16
Brazil 4860.00 Apr/16
Brunei 264.10 Feb/16
Bulgaria -118.70 Feb/16
Burkina Faso -49.00 Sep/14
Burundi -61461.20 Nov/15
Cambodia -746.40 Jan/16
Cameroon -1054.40 Dec/13
Canada -1908.00 Feb/16
Cape Verde -4881.20 Feb/16
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 609.79 Mar/16
China 298.60 Mar/16
Colombia -1.17 Feb/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -383.40 Mar/16
Croatia 3996.23 Feb/16
Cuba -7926.60 Dec/14
Cyprus -240094.00 Feb/16
Czech Republic 42159.00 Feb/16
Denmark 2158.20 Feb/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -33147.37 Feb/16
Ecuador -82072.00 Feb/16
Egypt -3019.00 Feb/16
El Salvador -322.60 Mar/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -139.73 Feb/16
Ethiopia -3441.30 Sep/15
Euro Area 19048.40 Feb/16
European Union 3028.60 Feb/16
Fiji -185801.00 Nov/15
Finland -100.00 Feb/16
France -5177.00 Feb/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -403.86 Mar/16
Germany 20300.00 Feb/16
Ghana -1226.00 Sep/15
Greece -1651.92 Feb/16
Guatemala -408.80 Jan/16
Guinea -103.83 Jun/13
Guinea Bissau -32.30 Dec/14
Guyana -77.30 Sep/15
Haiti -160.26 Jul/15
Honduras -465.70 Dec/15
Hong Kong -47028.00 Mar/16
Hungary 304200.00 Feb/16
Iceland -8900.00 Mar/16
India -5070.00 Mar/16
Indonesia 490.00 Mar/16
Iran -2405.00 Dec/14
Iraq 38780.80 Dec/14
Ireland 3771700.00 Feb/16
Israel -1177.40 Mar/16
Italy 3856.00 Feb/16
Ivory Coast 890.60 Dec/14
Jamaica -779000.00 Sep/15
Japan 754.99 Mar/16
Jordan -773525.00 Jan/16
Kazakhstan 1187.60 Feb/16
Kenya -58459.44 Jan/16
Kosovo -209942.00 Mar/16
Kuwait 1049.00 Dec/15
Kyrgyzstan -167.59 Dec/15
Laos -488.34 Sep/15
Latvia -139.50 Feb/16
Lebanon -1148.62 Feb/16
Lesotho -2961.47 Dec/15
Liberia -123.50 Oct/15
Libya -17675.60 Dec/14
Liechtenstein 355938.00 Dec/15
Lithuania -96.60 Feb/16
Luxembourg -0.42 Feb/16
Macau -4479038.32 Mar/16
Macedonia -145370.00 Feb/16
Madagascar -30435.00 Dec/15
Malawi -31524.80 Sep/15
Malaysia 7351.55 Feb/16
Maldives -127.20 Jan/16
Mali -100.60 Mar/15
Malta -557987.00 Feb/16
Mauritania -24.89 Dec/15
Mauritius -4607.00 Feb/16
Mexico 155.00 Mar/16
Moldova -148.50 Feb/16
Monaco -22.60 Dec/15
Mongolia 98.70 Mar/16
Montenegro -138515.00 Mar/16
Morocco -16349.00 Mar/16
Mozambique -1274.70 Sep/15
Myanmar -72.20 Sep/15
Namibia -8322.38 Mar/16
Nepal -58541.90 Dec/15
Netherlands 3952.00 Feb/16
New Caledonia -9528.00 Feb/16
New Zealand 117.00 Mar/16
Nicaragua -225.70 Feb/16
Niger -441985.00 Sep/15
Nigeria 26385.50 Dec/15
North Korea -476.67 Dec/15
Norway 9068.13 Mar/16
Oman 329.00 Sep/15
Pakistan -193845.00 Mar/16
Palestine -309.20 Jan/16
Panama -744011.50 Feb/16
Papua New Guinea 4191.00 Sep/15
Paraguay 140697.00 Mar/16
Peru -188.00 Feb/16
Philippines -1104000.00 Feb/16
Poland 341.00 Feb/16
Portugal -713.00 Feb/16
Puerto Rico 2054.10 Dec/15
Qatar 7409.00 Feb/16
Republic of the Congo 4092.35 Dec/10
Romania -611.20 Feb/16
Russia 7353.00 Feb/16
Rwanda -150.29 Dec/15
Sao Tome and Principe -36.44 Dec/15
Saudi Arabia 44465.00 Sep/15
Senegal -110.27 Feb/16
Serbia -406.80 Mar/16
Seychelles -37.18 Feb/16
Sierra Leone -89.75 Mar/15
Singapore 3656.20 Mar/16
Slovakia 459.60 Feb/16
Slovenia 120.06 Feb/16
Somalia -1281.56 Dec/14
South Africa 2915.79 Mar/16
South Korea 8800.00 Apr/16
South Sudan -4987.00 Dec/13
Spain -1761000.00 Feb/16
Sri Lanka -695.00 Jan/16
Sudan -921327.00 Dec/15
Suriname -103.40 Dec/15
Swaziland 517.46 Jun/15
Sweden 3900.00 Mar/16
Switzerland 2163.00 Mar/16
Syria 9394.50 Dec/10
Taiwan 4502.06 Mar/16
Tajikistan -135.50 Feb/16
Tanzania -30.40 Jan/16
Thailand 2966.00 Mar/16
Togo -68.29 Dec/14
Trinidad and Tobago 339.40 Sep/15
Tunisia -1100.60 Mar/16
Turkey -4950.00 Mar/16
Turkmenistan 2431.94 Dec/14
Uganda -120.80 Feb/16
Ukraine -436.00 Feb/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4840.00 Feb/16
United States -47060.00 Feb/16
Uruguay -123578.00 Mar/16
Uzbekistan 455.00 Dec/15
Venezuela -1093.00 Dec/15
Vietnam 100.00 Apr/16
Yemen -2914.30 Dec/13
Zambia -800.90 Mar/16
Zimbabwe -290.99 Dec/14