Imports in Singapore decreased to 40392.33 Million SGD in December from 41503.06 Million SGD in November of 2019. Imports in Singapore averaged 15092.58 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. source: Statistics Singapore

Imports in Singapore is expected to be 39500.00 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 42000.00 in 12 months time. In the long-term, the Singapore Imports is projected to trend around 41500.00 Million SGD in 2020, according to our econometric models.

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Singapore Imports

Actual Previous Highest Lowest Dates Unit Frequency
40392.33 41503.06 44689.59 266.38 1964 - 2019 Million SGD Monthly
SA


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 Trade Last Previous Highest Lowest Unit
Balance of Trade 4747.63 3686.87 8077.24 -1999.81 Million SGD [+]
Current Account 22017.00 22742.50 24780.60 -659.20 SGD Million [+]
Current Account to GDP 17.70 16.00 26.10 -13.10 percent [+]
Imports 40392.33 41503.06 44689.59 266.38 Million SGD [+]
Exports 45139.96 45189.92 48730.89 197.68 Million SGD [+]
External Debt 2105725.40 2080866.80 2105725.40 854184.00 SGD Million [+]
Terms of Trade 98.68 99.48 174.30 96.67 points [+]
Capital Flows 17687.90 55135.60 55135.60 -5008.50 SGD Million [+]
Tourist Arrivals 1532455.00 1525549.00 1801365.00 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 39895.40 37893.00 39895.40 -4441.60 SGD Million [+]

Singapore Imports by Country Last Previous
China 5992.60 6389.99 SGD Million Dec/19
Malaysia 5391.18 4764.94 SGD Million Dec/19
United States 4625.20 5428.51 SGD Million Dec/19
Taiwan 3625.65 3674.71 SGD Million Dec/19
Japan 2327.21 2220.74 SGD Million Dec/19
South Korea 1644.94 1445.45 SGD Million Dec/19
Indonesia 1560.01 1708.39 SGD Million Dec/19
France 1305.86 1607.05 SGD Million Dec/19
Australia 1248.07 729.71 SGD Million Dec/19
United Kingdom 1122.88 1057.82 SGD Million Dec/19
Germany 1090.80 1076.62 SGD Million Dec/19
Thailand 831.09 743.14 SGD Million Dec/19
Hong Kong 705.19 501.73 SGD Million Dec/19
Saudi Arabia 600.53 1128.56 SGD Million Dec/19
Kuwait 349.54 439.06 SGD Million Dec/19
Singapore Imports by Category Last Previous
Imports of 41580.60 42492.83 SGD Million Dec/19
Retained 41555.92 42468.10 SGD Million Dec/19
Non Oil 33415.51 33313.28 SGD Million Dec/19
Machinery & Transport Equipment 20258.63 20925.65 SGD Million Dec/19
Oil 8165.10 9179.55 SGD Million Dec/19
Electronics 8096.83 7511.31 SGD Million Dec/19
Petroleum & Products & Related Products 7754.65 8635.12 SGD Million Dec/19
Miscellaneous Manufactured Articles 3569.94 3711.40 SGD Million Dec/19
Chemicals & Chemical Products 3409.78 3321.83 SGD Million Dec/19
Manufactured Goods 2016.31 2114.26 SGD Million Dec/19
Telecommunications Equipment Nes 1824.39 2079.00 SGD Million Dec/19
Media Products & Plastic Articles 1153.87 1230.24 SGD Million Dec/19
Food & Live Animals 1052.87 996.01 SGD Million Dec/19
Organic Chemicals 825.35 758.34 SGD Million Dec/19
Preparations 655.56 649.73 SGD Million Dec/19
Plastics In Primary Forms 653.63 659.68 SGD Million Dec/19
Parts & Accessories 617.22 671.72 SGD Million Dec/19
Electrical Apparatus 614.97 650.90 SGD Million Dec/19
Electrical Machinery & Apparatus Nes 549.27 525.11 SGD Million Dec/19
Manufactures of Metal Nes 544.50 508.93 SGD Million Dec/19

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