Singapore Trade Balance 1960-2021

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Singapore trade balance for 2019 was $103.75B, a 2.21% decline from 2018.
  • Singapore trade balance for 2018 was $106.10B, a 22.19% increase from 2017.
  • Singapore trade balance for 2017 was $86.83B, a 3.85% increase from 2016.
  • Singapore trade balance for 2016 was $83.61B, a 0.56% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $223.82B
Singapore $103.75B
UAE $100.97B
Netherlands $94.60B
Switzerland $88.79B
Saudi Arabia $66.92B
Italy $61.14B
Ireland $55.88B
South Korea $47.72B
Spain $41.94B
Australia $35.07B
Poland $28.05B
Macao $26.96B
Denmark $25.73B
Luxembourg $25.59B
Qatar $25.28B
Sweden $18.87B
Czech Republic $15.10B
Austria $15.01B
Oman $10.89B
Argentina $10.03B
Israel $7.38B
Norway $7.07B
Hong Kong $6.21B
Hungary $5.10B
Slovenia $4.58B
Belgium $3.28B
Lithuania $2.85B
Malta $2.09B
Bermuda $1.84B
Uruguay $1.35B
Estonia $1.26B
Iceland $1.14B
Brunei $0.99B
Finland $0.85B
Portugal $0.55B
Slovak Republic $0.41B
Bahamas $0.35B
Barbados $0.02B
Greece $-0.02B
Croatia $-0.15B
Seychelles $-0.20B
Cyprus $-0.27B
Latvia $-0.29B
Chile $-1.02B
Panama $-2.55B
France $-26.59B
Canada $-29.31B
United Kingdom $-30.62B
United States $-610.47B
Singapore Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $103.75B 27.89%
2018 $106.10B 28.43%
2017 $86.83B 25.40%
2016 $83.61B 26.24%
2015 $84.08B 27.30%
2014 $73.80B 23.44%
2013 $71.09B 23.11%
2012 $71.49B 24.23%
2011 $76.98B 27.56%
2010 $63.10B 26.31%
2009 $45.62B 23.50%
2008 $40.00B 20.66%
2007 $56.58B 31.27%
2006 $45.65B 30.71%
2005 $38.20B 29.89%
2004 $30.35B 26.38%
2003 $27.30B 27.95%
2002 $17.05B 18.43%
2001 $14.81B 16.50%
2000 $11.85B 12.34%
1999 $14.67B 17.01%
1998 $18.43B 21.50%
1997 $14.75B 14.73%
1996 $15.77B 16.38%
1995 $14.74B 16.78%
1994 $11.92B 16.17%
1993 $5.99B 9.88%
1992 $6.33B 12.14%
1991 $6.00B 13.20%
1990 $3.63B 10.05%
1989 $3.36B 11.02%
1988 $2.43B 9.56%
1987 $0.62B 2.97%
1986 $0.49B 2.64%
1985 $0.06B 0.30%
1984 $-0.04B -0.20%
1983 $0.10B 0.58%
1982 $-0.29B -1.83%
1981 $-0.48B -3.41%
1980 $-0.82B -6.92%
1979 $-0.53B -5.66%
1978 $-0.28B -3.73%
1977 $-0.10B -1.47%
1976 $-0.44B -6.94%
1975 $-0.53B -9.33%
1974 $-0.78B -15.02%
1973 $-0.33B -9.06%
1972 $-0.42B -15.58%
1971 $-0.46B -20.37%
1970 $-0.37B -19.01%
1969 $-0.16B -9.45%
1968 $-0.08B -5.48%
1967 $-0.09B -7.35%
1966 $-0.08B -7.22%
1965 $-0.11B -11.07%
1964 $-0.10B -10.86%
1963 $-0.13B -14.57%
1962 $-0.09B -10.40%
1961 $-0.11B -14.56%
1960 $-0.10B -13.66%