Singapore: Imports, billion dollars

* indicates monthly or quarterly data series
 Singapore

Imports of goods and services, billion USD

 Latest value 686.66
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 180.98
 Min - Max 1.19 - 733.88
 Source The World Bank
The latest value from 2023 is 686.66 billion U.S. dollars, a decline from 733.88 billion U.S. dollars in 2022. In comparison, the world average is 168.93 billion U.S. dollars, based on data from 138 countries. Historically, the average for Singapore from 1960 to 2023 is 180.98 billion U.S. dollars. The minimum value, 1.19 billion U.S. dollars, was reached in 1964 while the maximum of 733.88 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Singapore - Imports, billion dollars - Recent values chart

Historical series
Singapore - Imports, billion dollars - historical chart - 1960-2023




Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 93.61 2021 percent
 Trade openness 311.24 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 174.30 2023 percent
 Exports, billion dollars 873.99 2023 billion U.S. dollars
 Growth of exports 2.38 2023 percent
 Imports, percent of GDP 136.94 2023 percent
 Imports, billion dollars 686.66 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 34.95 2023 percent
 Foreign Direct Investment, billion dollars 148.76 2022 billion U.S. dollars
 Portfolio investment inflows, equities 7,025.20 2023 million dollars (current)
 Current account, percent of GDP 19.77 2023 percent
 Current account, in dollars 99.13 2023 billion U.S. dollars
 Trade balance, percent of GDP 37.36 2023 percent
 Trade balance, in dollars 187.33 2023 billion U.S. dollars
 Reserves 359.83 2023 billion U.S. dollars
 Remittances, percent of GDP 0.00 2023 percent
 Remittances 0.00 2023 million U.S. dollars
 Net errors and omissions -2,758.71 2023 million USD
 Foreign exchange reserves 499.72 9/2024 billion
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