Imports in Singapore increased to 37339.55 Million SGD in August from 36219.71 Million SGD in July of 2020.

Imports in Singapore averaged 15358.80 Million SGD from 1964 until 2020, 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 September of 2020. source: Statistics Singapore

Imports in Singapore is expected to be 37500.00 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 38000.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 41500.00 Million SGD in 2021, according to our econometric models.

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Singapore Imports

Actual Previous Highest Lowest Dates Unit Frequency
37339.55 36219.71 44569.74 266.38 1964 - 2020 Million SGD Monthly
SA

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5832.08 3211.27 7973.33 -1999.81 Million SGD [+]
Current Account 17966.00 15985.80 25762.20 -659.20 SGD Million [+]
Current Account to GDP 16.90 17.70 26.10 -13.10 percent [+]
Imports 37339.55 36219.71 44569.74 266.38 Million SGD [+]
Exports 43171.64 39430.98 48934.79 197.68 Million SGD [+]
External Debt 2360156.70 2123229.90 2360156.70 854184.00 SGD Million [+]
Terms of Trade 100.26 100.90 174.30 96.67 points [+]
Capital Flows -26495.30 9062.10 55757.90 -26495.30 SGD Million [+]
Tourist Arrivals 6842.00 2170.00 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 24617.50 37792.20 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 5575.69 5559.60 SGD Million Aug/20
Malaysia 5079.81 5102.01 SGD Million Aug/20
Taiwan 4235.91 4294.85 SGD Million Aug/20
United States 4164.16 3816.46 SGD Million Aug/20
Japan 1662.62 1969.63 SGD Million Aug/20
Indonesia 1530.15 1602.93 SGD Million Aug/20
Thailand 1440.57 1205.48 SGD Million Aug/20
South Korea 1438.60 1806.21 SGD Million Aug/20
Germany 931.89 1061.14 SGD Million Aug/20
France 922.02 1088.05 SGD Million Aug/20
United Kingdom 834.20 830.64 SGD Million Aug/20
Saudi Arabia 648.95 455.71 SGD Million Aug/20
Hong Kong 460.43 528.71 SGD Million Aug/20
Australia 457.06 380.57 SGD Million Aug/20
Kuwait 232.60 402.61 SGD Million Aug/20
Singapore Imports by Category Last Previous
Imports of 37156.03 37867.59 SGD Million Aug/20
Retained 37131.73 37844.10 SGD Million Aug/20
Non Oil 32147.34 33227.79 SGD Million Aug/20
Machinery & Transport Equipment 19771.60 20347.06 SGD Million Aug/20
Electronics 8792.98 9124.40 SGD Million Aug/20
Oil 5008.69 4639.80 SGD Million Aug/20
Petroleum & Products & Related Products 4658.64 4354.56 SGD Million Aug/20
Chemicals & Chemical Products 3091.60 2994.87 SGD Million Aug/20
Miscellaneous Manufactured Articles 3048.64 3317.52 SGD Million Aug/20
Telecommunications Equipment Nes 1649.26 1835.27 SGD Million Aug/20
Manufactured Goods 1565.51 1798.90 SGD Million Aug/20
Parts & Accessories 1034.62 984.63 SGD Million Aug/20
Food & Live Animals 965.28 1049.22 SGD Million Aug/20
Organic Chemicals 964.27 666.86 SGD Million Aug/20
Media Products & Plastic Articles 951.82 1024.06 SGD Million Aug/20
Electrical Machinery & Apparatus Nes 578.83 559.50 SGD Million Aug/20
Electrical Apparatus 570.78 621.95 SGD Million Aug/20
Preparations 517.15 519.28 SGD Million Aug/20
Plastics In Primary Forms 463.67 531.51 SGD Million Aug/20
Manufactures of Metal Nes 384.22 387.53 SGD Million Aug/20

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