Singapore's external trade statistics are compiled by International Enterprise Singapore from the following documents submitted to Singapore Customs:
| (i) |
Import and export permits by traders or declaring agents; |
| (ii) |
Postal packages which are based on particulars furnished by the Singapore Post Pte Ltd; and |
| (iii) |
Statement on Bunkers and stores supplied to non-Singapore-registered ships and aircraft furnished by ships and aircraft agents. |
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 and any other charges when sold for export to Singapore.
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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