Singapore: Trade balance, in dollars

* indicates monthly or quarterly data series
 Singapore

Trade balance, billion USD

 Latest value 169.18
 Year 2022
 Measure billion U.S. dollars
 Data availability 1972 - 2022
 Average 33.23
 Min - Max -1.03 - 169.18
 Source The World Bank
For that indicator, we provide data for Singapore from 1972 to 2022. The average value for Singapore during that period was 33.23 billion U.S. dollars with a minimum of -1.03 billion U.S. dollars in 1980 and a maximum of 169.18 billion U.S. dollars in 2022. The latest value from 2022 is 169.18 billion U.S. dollars. For comparison, the world average in 2022 based on 153 countries is 3.66 billion U.S. dollars. 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 values chart
Singapore - Trade balance, in dollars - recent values

Historical chart
Singapore - Trade balance, in dollars - historical chart - 1972-2022




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 93.61 2021 percent
 Trade openness 336.86 2022 percent
 Exports, percent of GDP 186.55 2022 percent
 Exports, billion dollars 870.81 2022 billion U.S. dollars
 Growth of exports -1.30 2022 percent
 Imports, percent of GDP 150.31 2022 percent
 Imports, billion dollars 701.63 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 30.17 2022 percent
 Foreign Direct Investment, billion dollars 140.84 2022 billion U.S. dollars
 Portfolio investment inflows, equities 7,744.51 2022 million dollars (current)
 Current account, percent of GDP 19.33 2022 percent
 Current account, in dollars 90.24 2022 billion U.S. dollars
 Trade balance, percent of GDP 36.24 2022 percent
 Trade balance, in dollars 169.18 2022 billion U.S. dollars
 Reserves 296.63 2022 billion U.S. dollars
 Remittances, percent of GDP 0.00 2022 percent
 Net errors and omissions -1,785.42 2022 million USD
 Foreign exchange reserves 460.50 9/2023 billion
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