Singapore Imports

Imports in Singapore increased to 42055.06 Million SGD in May from 41132.62 Million SGD in April of 2019. Imports in Singapore averaged 14824.48 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 42500.00 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 42500.00 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	3962.64	2749.46	8077.24	-1999.81	Million SGD	[+]
Current Account	20296.50	17970.30	24780.60	-659.20	SGD Million	[+]
Current Account to GDP	17.70	16.00	26.10	-13.10	percent	[+]
Imports	42055.06	41132.62	44689.59	266.38	Million SGD	[+]
Exports	46017.70	43882.08	48730.89	197.68	Million SGD	[+]
External Debt	2045992.30	2011703.30	2065093.00	854184.00	SGD Million	[+]
Terms of Trade	99.53	99.62	178.53	98.83	Index Points	[+]
Capital Flows	8475.60	20020.80	23813.20	-5008.50	SGD Million	[+]
Tourist Arrivals	1596487.00	1564254.00	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 June of 2019.