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

Singapore recorded a trade surplus of 5,158.30 million SGD in December of 2015, as compared to a 5,079.28 million SGD surplus a year earlier. Year-on-year, total exports decreased by 6.4 percent, following a 7.6 percent contraction in the previous month. Total imports declined by 10.6 percent, following a 5.8 percent decrease in the preceding month. Total trade contracted by 8.4 percent in December, following a 6.8 percent decline in the previous month. In November 2015, the country posted a downwardly revised 4,911 million SGD trade surplus. Balance of Trade in Singapore averaged 663.52 Million SGD from 1964 until 2015, 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
5158.30 4911.10 8612.24 -1985.81 1964 - 2015 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-08-17 01:30 AM Jul S$5960M S$5880M(R) 6170.6M
2015-12-17 12:30 AM Nov $6.56B S$7.28B S$7.00B
2016-01-18 12:30 AM Dec $5.15B $4.91B $ 5.9B
2016-02-17 12:30 AM Jan $5.15B $ 5.3B
2016-03-17 12:30 AM Feb $ 5.2B
2016-04-18 12:30 AM Mar $ 5.4B

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5158.30 4911.10 8612.24 -1985.81 Million SGD [+]
Exports 37721.10 38445.10 45075.52 197.68 Million SGD [+]
Imports 32298.80 38445.10 43577.46 266.38 Million SGD [+]
Current Account 22696.90 23176.40 27484.10 -662.70 SGD Million [+]
Current Account to GDP 19.00 18.00 27.30 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 109.66 108.48 178.53 99.02 Index Points [+]
Capital Flows -22351.90 -20273.80 5774.70 -28095.30 SGD Million [+]
Tourist Arrivals 1193906.00 1246557.00 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 23718.70 21309.80 24489.00 -4441.60 SGD Million [+]




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