Key information about Singapore Total Imports

• Singapore Total Imports recorded 41.1 USD bn in Jan 2025, compared with a value of 41.6 USD bn in the previous month
• Singapore Total Imports data is updated monthly, available from Jan 1964 to Jan 2025, with an average number of 8.1 USD bn
• The data reached an all-time high of 43.7 USD bn in Jul 2022 and a record low of 85.7 USD mn in Jul 1964

CEIC converts monthly Total Imports into USD. The Singapore Department of Statistics provides Total Imports, CIF, in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Singapore Total Imports

• In the latest reports, Singapore Total Imports grew 14.8 % YoY in Jan 2025
• Total Exports grew 6.2 % YoY, to 43.3 USD bn in Jan 2025
• Singapore Trade Balance recorded a surplus of 2.2 USD bn in Jan 2025

Imports in Singapore increased to 51118 SGD Million in March from 49291.97 SGD Million in February of 2024. This dataset 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.

Key information about Singapore Total Imports Growth

• Singapore Total Imports grew 14.8 % YoY in Jan 2025, compared with an increase of 21.8 % YoY in the previous month
• Singapore Total Imports Growth data is updated monthly, available from Jan 1965 to Jan 2025, with an averaged rate of 10.1 %
• The data reached an all-time high of 101.3 % in Mar 1974 and a record low of -31.4 % in Apr 2009

CEIC calculates Total Imports Growth from monthly Total Imports. The Singapore Department of Statistics provides Total Imports, CIF, in local currency.


Further information about Singapore Total Imports Growth

• In the latest reports, Singapore Total Imports recorded 41.1 USD bn in Jan 2025
• Total Exports reached 43.3 USD bn in Jan 2025, which registered an increase of 6.2 % year on year
• Singapore Trade Balance recorded a surplus of 2.2 USD bn in Jan 2025

Exports in Singapore increased to 55774.72 SGD Million in March from 55264.95 SGD Million in February of 2024. This dataset provides the latest reported value for - Singapore Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ImPI: YoY: Overall Items data was reported at -3.900 2023=100 in 2024. This records an increase from the previous number of -5.600 2023=100 for 2023. ImPI: YoY: Overall Items data is updated yearly, averaging -0.800 2023=100 from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 16.800 2023=100 in 1980 and a record low of -12.600 2023=100 in 2015. ImPI: YoY: Overall Items data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I079: Import Price Index: 2023=100: Percentage Change.

In 2017, the amount of precious and semi-precious stones imported into Singapore stood at X kg, reducing by -X% against the previous year. In general, precious and semi-precious stones imports continue to indicate a dramatic drop. The most prominent rate of growth was recorded in 2010, when the imports increased by -X% y-o-y. Singapore imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.In value terms, precious and semi-precious stones imports totaled $X in 2017.

In 2017, imports of wire rod for tyre cord in Singapore totaled X tons, lowering by -X% against the previous year. In general, imports of wire rod for tyre cord continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2011, when the imports increased by X% y-o-y. Singapore imports peaked of X tons in 2009; however, from 2010 to 2017, it failed to regain its strength.In value terms, imports of wire rod for tyre cord amounted to $X in 2017.

Key information about Singapore's Trade Balance

• Singapore's Trade Balance recorded a surplus of 2.2 USD bn in Jan 2025, compared with a surplus of 2.8 USD bn in the previous month
• Singapore's Trade Balance data is updated monthly, available from Jan 1976 to Jan 2025, with an averaged value of 456.9 USD mn
• The data reached an all-time high of 6.1 USD bn in Dec 2011 and a record low of -1.3 USD bn in Oct 1993

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. The Singapore Department of Statistics provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Singapore's Trade Balance

• In the latest reports, Singapore's Total Exports reached 43.3 USD bn in Jan 2025, an increase of 14.8% YoY (year-on-year)
• Total Imports recorded 41.1 USD bn in Jan 2025, an increase of 14.8% YoY (year-on-year)

Imports of fats of bovine animals, sheep or goats in Singapore stood at X tons in 2017, lowering by -X% against the previous year. Overall, imports of fats of bovine animals, sheep or goats continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, when the imports increased by X% y-o-y. Singapore imports peaked of X tons in 2016, falling back in the following year.In value terms, imports of fats of bovine animals, sheep or goats amounted to $X in 2017.

In 2017, preparations for electroplating imports into Singapore totaled X tons, lowering by -X% against the previous year. Overall, preparations for electroplating imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2013, when the imports increased by X% y-o-y. Singapore imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its strength.In value terms, preparations for electroplating imports amounted to $X in 2017.

Key information about Singapore Foreign Exchange Reserves: Months of Import

• Singapore Foreign Exchange Reserves equaled 9.0 Months of Import in Jan 2025, compared with the ratio of 8.6 in the previous month
• Singapore Foreign Exchange Reserves: Months of Import data is updated monthly, available from Apr 2000 to Jan 2025
• The data reached an all-time high of 13.5 in May 2020 and a record low of 5.5 in Jul 2008

CEIC calculates Foreign Exchange Reserves as Months of Import from monthly Foreign Exchange Reserves and monthly Imports. Foreign Exchange Reserves are calculated as the sum of Foreign Currency Reserves and Other Reserve Assets, which include other financial instruments denominated in foreign currency. The Monetary Authority of Singapore provides Foreign Exchange Reserves in USD. Enterprise Singapore provides Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Singapore Foreign Exchange Reserves: Months of Import

• In the latest reports, Singapore Foreign Exchange Reserves was measured at 363.3 USD bn in Jan 2025
• Its Money Supply M2 increased 6.7 % YoY in Dec 2024
• Singapore Domestic Credit reached 873.5 USD bn in Dec 2024, representing an increased of 6.3 % YoY
• The country's Non Performing Loans Ratio stood at 1.3 % in Dec 2019, compared with the ratio of 1.4 % in the previous quarter
• Household Debt of Singapore reached 276.2 USD bn in Dec 2024, accounting for 52.0 % of the country's Nominal GDP

Key information about Singapore Total Exports

• Singapore Total Exports recorded 43.3 USD bn in Jan 2025, compared with 44.5 USD bn in the previous month
• Singapore Total Exports data is updated monthly, available from Jan 1976 to Jan 2025, with an averaged value of 10.6 USD bn
• The data reached an all-time high of 46.1 USD bn in Jul 2022 and a record low of 477.6 USD mn in Mar 1976

CEIC converts monthly Total Exports into USD. The Singapore Department of Statistics provides Total Exports, FOB, in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Singapore Total Exports

• In the latest reports, Singapore Total Exports grew 6.2 % YoY in Jan 2025
• Total Imports recorded 41.1 USD bn in Jan 2025, which registered an increase of 14.8 % year on year
• Singapore Trade Balance recorded a surplus of 2.2 USD bn in Jan 2025

In 2017, approx. X units of portable radio broadcast receivers were imported into Singapore; declining by -X% against the previous year. In general, portable radio broadcast receivers imports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2012, when the imports increased by X% y-o-y. Singapore imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, portable radio broadcast receivers imports stood at $X in 2017.

In 2017, the amount of precooked cereal grains imported into Singapore stood at X tons, falling by -X% against the previous year. The total import volume had been increasing at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y.

In 2017, imports of metal containers for compressed or liquefied gas in Singapore amounted to X units, descending by -X% against the previous year. Overall, imports of metal containers for compressed or liquefied gas continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2008, when the imports increased by X% y-o-y. In that year, the imports of metal containers for compressed or liquefied gas attained its maximum volume of X units.

In 2017, approx. X units of tents (including caravan awnings) were imported into Singapore; shrinking by -X% against the previous year. Overall, tents (including caravan awnings) imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2010, when the imports increased by X% y-o-y.

The revenue of the castor oil seed market in Singapore amounted to $X in 2017, reducing by -X% against the previous year. In general, castor oil seed consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. Singapore castor oil seed consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.In 2017, approx.

Centrifuges used in laboratories imports into Singapore stood at X units in 2017, growing by X% against the previous year. In general, centrifuges used in laboratories imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2014, when the imports increased by X% y-o-y. In that year, the centrifuges used in laboratories imports attained its maximum volume of X units.

In 2017, approx. X tons of herbicides based on amides were imported into Singapore; lowering by -X% against the previous year. Overall, herbicides based on amides imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y.

In 2017, the amount of sawing machines imported into Singapore totaled X units, moving up by X% against the previous year. In general, sawing machines imports continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. In that year, the sawing machines imports reached its maximum volume, and are likely to continue its growth in the immediate term.In value terms, sawing machines imports stood at $X in 2017.