Singapore Imports

Imports in Singapore decreased to 40177.30 Million SGD in July from 41233.25 Million SGD in June of 2019. Imports in Singapore averaged 14902.05 Million SGD from 1964 until 2019, reaching an all time high of 44689.59 Million SGD in October of 2018 and a record low of 266.38 Million SGD in July of 1964.

Imports in Singapore is expected to be 44200.00 Million SGD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Singapore to stand at 44100.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 46500.00 Million SGD in 2020, according to our econometric models.

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Singapore Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	2831.10	2447.29	8077.24	-1999.81	Million SGD	[+]
Current Account	21497.50	21617.80	24780.60	-659.20	SGD Million	[+]
Current Account to GDP	17.70	16.00	26.10	-13.10	percent	[+]
Imports	40177.30	41233.25	44689.59	266.38	Million SGD	[+]
Exports	43008.40	43680.54	48730.89	197.68	Million SGD	[+]
External Debt	2043894.40	2045992.30	2065093.00	854184.00	SGD Million	[+]
Terms of Trade	98.70	98.60	178.53	98.60	Index Points	[+]
Capital Flows	53513.20	9376.80	53513.20	-5008.50	SGD Million	[+]
Tourist Arrivals	1551025.00	1484127.00	1732871.00	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	33093.60	26249.30	39332.80	-4441.60	SGD Million	[+]

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

The biggest import product, with 43 percent share, is machinery and equipment (with electronics accounting for 60 percent). The country also imports: crude oil (32 percent), miscellaneous manufactures (7 percent) and chemical products (7 percent). Main import partners are: China (11 percent), Malaysia (11 percent), the United States (9 percent), South Korea (8 percent), Japan (6 percent) and Indonesia (5 percent). This page provides the latest reported value for - Singapore Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Imports - actual data, historical chart and calendar of releases - was last updated on August of 2019.