Singapore Exports

Exports in Singapore increased to 44803600 Thousand SGD in March of 2014 from 40338900 Thousand SGD in February of 2014. Exports in Singapore is reported by the Statistics Singapore. Exports in Singapore averaged 12733133.60 Thousand SGD from 1964 until 2014, reaching an all time high of 48997750 Thousand SGD in October of 2013 and a record low of 197677 Thousand SGD in July of 1964. Singapore derives most of its revenue from foreign trade. Main exports are: electronic goods (31 percent of total exports), fuel (26 percent) and chemicals (12 percent). Others include: food, textiles and transport equipment. Main export partners are: China (12 percent of total exports), Hong Kong (12 percent), Malaysia (12 percent), Indonesia (10 percent), United States (6 percent) and Australia (6 percent). This page provides - Singapore Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
44803600.00 40338900.00 48997750.00 197677.00 42537730.58 | 2014/03 1964 - 2014 Thousand SGD Monthly

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Singapore Exports
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Trade Last Previous Highest Lowest Forecast Unit
Exports 44803600.00 2014-03-31 40338900.00 48997750.00 197677.00 42537730.58 2014-03-31 Thousand SGD [+]
Current Account to GDP 18.60 2012-12-31 24.60 27.30 -13.10 15.60 2013-12-31 Percent [+]
Current Account 17361.40 2013-11-15 18322.00 22771.90 -662.70 19071.54 2014-03-31 SGD Million [+]
Imports 42539800.00 2014-03-31 36094200.00 43135700.00 266381.00 37604752.44 2014-03-31 Thousand SGD [+]
External Debt 0.00 2013-12-31 0.00 130.60 0.00 -0.32 2014-03-31 SGD Million [+]
Terms of Trade 99.19 2014-02-15 99.35 167.24 93.05 99.24 2014-03-31 Index Points [+]
Tourist Arrivals 1345000.00 2013-12-15 1158000.00 1467000.00 147954.00 1250840.72 2014-01-31 [+]
Balance of Trade 2263800.00 2014-03-31 4289300.00 9600000.00 -1985810.00 4773681.60 2014-03-31 Thousand SGD [+]
[+]


Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


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In February of 2014, Singapore’s annual inflation rate slowed sharply to 0.4 percent, the lowest level since January of 2010, due to a sharp drop in car prices which largely reflected a higher base in February last year.
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Singapore’s trade surplus widened 8 percent over the previous month and 74.4 percent over a year earlier, boosted by higher exports of petrochemicals and pharmaceuticals.
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Singapore’s Q4 2013 GDP Revised to Growth From Contraction  
In the last quarter of 2013, Singapore’s GDP expanded at an annualized seasonally adjusted 6.1 percent over the previous quarter, a reversal from the 2.7 percent contraction estimated in January, and up from 0.3 percent in the previous three-month period.
Singapore Economy Grows 5.5% in Q4  
In the fourth quarter of 2013, Singapore GDP expanded 5.5 percent compared to a year ago, faster than the advance estimate of 4.4 percent.
Singapore’s Trade Surplus Widens in January Over a Year Earlier  
In the first month of 2014, Singapore’s trade surplus narrowed 6.2 percent over December to SGD 3.97 billion. However, compared with the same month last year, it widened 114.7 percent, as exports rose 2.9 percent while imports contracted 0.9 percent.
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LATEST NEWS

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