Imports in Singapore increased to 40493.16 Million SGD in January from 38142.13 Million SGD in December of 2020. source: Statistics Singapore

Imports in Singapore averaged 15525.27 Million SGD from 1964 until 2021, reaching an all time high of 44569.74 Million SGD in October of 2018 and a record low of 266.38 Million SGD in July of 1964. 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 - values, historical data and charts - was last updated on February of 2021.

Imports in Singapore is expected to be 40000.00 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 41500.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 41500.00 Million SGD in 2022, according to our econometric models.

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Singapore Imports

Actual Previous Highest Lowest Dates Unit Frequency
40493.16 38142.13 44569.74 266.38 1964 - 2021 Million SGD Monthly
SA

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5612.50 6201.63 7973.33 -1999.81 Million SGD [+]
Current Account 19622.60 22727.90 24030.50 -659.20 SGD Million [+]
Current Account to GDP 17.60 14.30 26.10 -13.10 percent [+]
Imports 40493.16 38142.13 44569.74 266.38 Million SGD [+]
Exports 46105.67 44343.76 48934.79 197.68 Million SGD [+]
External Debt 2197837.50 2239166.10 2360156.70 854184.00 SGD Million [+]
Terms of Trade 96.52 96.96 174.30 96.52 points [+]
Capital Flows -16248.20 7402.10 50498.80 -24268.40 SGD Million [+]
Tourist Arrivals 23148.00 24014.00 1802533.00 750.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 30329.10 27000.90 43061.00 -4441.60 SGD Million [+]


Singapore Imports
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).
Singapore Imports by Country Last Previous
China 6121.25 6202.33 SGD Million Jan/21
Malaysia 5553.44 5226.12 SGD Million Jan/21
Taiwan 4930.15 4911.66 SGD Million Jan/21
United States 3689.62 3794.18 SGD Million Jan/21
Japan 2210.10 2198.92 SGD Million Jan/21
South Korea 1863.92 2111.47 SGD Million Jan/21
Indonesia 1433.77 1455.27 SGD Million Jan/21
France 1021.29 1141.60 SGD Million Jan/21
Germany 947.48 980.30 SGD Million Jan/21
United Kingdom 858.41 755.32 SGD Million Jan/21
Thailand 746.38 938.74 SGD Million Jan/21
Saudi Arabia 740.43 718.91 SGD Million Jan/21
Australia 634.21 432.82 SGD Million Jan/21
Hong Kong 441.09 762.77 SGD Million Jan/21
Kuwait 203.88 84.80 SGD Million Jan/21
Singapore Imports by Category Last Previous
Imports of 39031.89 40154.55 SGD Million Jan/21
Retained 39007.11 40128.44 SGD Million Jan/21
Non Oil 32757.16 34250.82 SGD Million Jan/21
Machinery & Transport Equipment 20964.85 21531.44 SGD Million Jan/21
Electronics 10037.23 10082.60 SGD Million Jan/21
Oil 6274.73 5903.73 SGD Million Jan/21
Petroleum & Products & Related Products 5919.03 5474.93 SGD Million Jan/21
Miscellaneous Manufactured Articles 3238.11 3698.48 SGD Million Jan/21
Chemicals & Chemical Products 3185.55 3447.05 SGD Million Jan/21
Telecommunications Equipment Nes 1881.14 2004.26 SGD Million Jan/21
Manufactured Goods 1873.94 2037.00 SGD Million Jan/21
Media Products & Plastic Articles 1105.11 1128.24 SGD Million Jan/21
Food & Live Animals 1015.09 1112.99 SGD Million Jan/21
Organic Chemicals 881.98 900.34 SGD Million Jan/21
Parts & Accessories 801.73 879.56 SGD Million Jan/21
Electrical Apparatus 696.38 691.77 SGD Million Jan/21
Electrical Machinery & Apparatus Nes 656.03 693.68 SGD Million Jan/21
Preparations 539.41 633.02 SGD Million Jan/21
Plastics In Primary Forms 459.63 518.28 SGD Million Jan/21
Manufactures of Metal Nes 452.70 484.49 SGD Million Jan/21

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category