Singapore's external trade statistics are compiled by International Enterprise Singapore from import and export permits submitted to the Controller and Registrar of Imports and Exports or the Director-General of Customs and Excise, Singapore, except for the following:
| (i) |
Postal packages which are based on particulars furnished by the Singapore Post Pte Ltd; and |
| (ii) |
Bunkers and stores supplied to non-Singapore-registered ships and aircraft, which are compiled from statements furnished by ships and aircraft agents to the International Enterprise Singapore. |
Imports are valued at cif, that is, the value of goods at the frontier of the exporting country plus the cost of insurance and freight to the registration area. Customs duties and other import charge are not include in the value of imports.
Exports are valued at fob, that is, the value of goods to the purchaser abroad up to the point where the goods are deposited on board the outgoing vessel, aircraft or vehicle. |
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