Overview
Singapore’s International Trade in Services are statistics that measure services transactions between Singapore and its overseas trading partners.
Exports of services consist of transactions where services are provided from Singapore to overseas trading partners. For example, a Singapore-based shipping company providing freight services to an overseas client, transporting the client’s goods from country A to country B.
Imports of services consist of transactions where services are provided from overseas trading partners to Singapore. For example, an overseas law firm providing legal advice by phone or email to a Singapore-based company.
Other subjects in this theme
Latest News & Data
Latest News
Singapore's top trading partners for services trade in 2024 were the United States of America, the European Union, Mainland China, Japan, and ASEAN, which collectively accounted for 52.6% of services exports and 57.4% of services imports.
Latest Data
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| Singapore's Total Trade in Services | S$b | 2025 | 1,055.3 | 3.3 | 1,021.4 | 13.0 |
| Singapore's Export of Services | S$b | 2025 | 552.2 | 3.5 | 533.7 | 13.2 |
| Singapore's Import of Services | S$b | 2025 | 503.1 | 3.2 | 487.6 | 12.7 |
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| Singapore's Total Trade in Services | S$b | 2025 | 1,055.3 | 3.3 | 1,021.4 | 13.0 |
| Singapore's Export of Services | S$b | 2025 | 552.2 | 3.5 | 533.7 | 13.2 |
| Singapore's Import of Services | S$b | 2025 | 503.1 | 3.2 | 487.6 | 12.7 |