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Singapore Balance of Trade
Last Release
Dec 31, 2024
Actual
3,854.33
Units In
Million SGD
Previous
6,489.55
Frequency
Monthly
Next Release
Feb 17, 2025
Time to Release
29 Days 1 Hours
Highest | Lowest | Average | Date Range | Source |
8,286.4 Feb 2022 | -1,999.81 Oct 1993 | 1,282.97 Million SGD | 1964-2024 | Statistics Singapore |
Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: machinery and equipment (43 percent of the total exports); petroleum (19 percent) and chemicals (13 percent). Main imports are: machinery and equipment (39 percent of the total imports); petroleum (33 percent); chemical products (7 percent) and miscellaneous manufactured articles (7 percent). In 2017, the biggest trade deficits were recorded with China, Hong Kong, Malaysia, Indonesia and the United States. Singapore did not record surpluses with any country.
Singapore Balance of Trade History
Last 12 readings