Singapore Imports

Imports in Singapore decreased to 41848.70 Million SGD in December from 43069.54 Million SGD in November of 2018. Imports in Singapore averaged 14626.42 Million SGD from 1964 until 2018, reaching an all time high of 45112.24 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 44900.00 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 41900.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 43000.00 Million SGD in 2020, according to our econometric models.

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Singapore Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	1943.12	3970.22	7827.21	-2000.77	Million SGD	[+]
Current Account	23400.20	22883.70	25054.10	-659.20	SGD Million	[+]
Current Account to GDP	19.50	19.00	26.10	-13.10	percent	[+]
Imports	41848.70	43069.54	45112.24	266.38	Million SGD	[+]
Exports	43791.82	47039.76	49561.22	197.68	Million SGD	[+]
External Debt	1981146.00	2029398.90	2029398.90	854184.00	SGD Million	[+]
Terms of Trade	103.88	103.10	178.53	99.02	Index Points	[+]
Capital Flows	16532.50	14519.00	23813.20	-5008.50	SGD Million	[+]
Tourist Arrivals	1601924.00	1406015.00	1730428.00	147954.00		[+]
Gold Reserves	127.40	127.40	127.40	0.00	Tonnes	[+]
Terrorism Index	0.00	0.00	0.00	0.00		[+]
Weapons Sales	47.00	48.00	91.00	1.00	USD Million	[+]
Foreign Direct Investment	32853.80	19484.10	32853.80	-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 February of 2019.