Merchandise Trade

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Since April 1987, Singapore’s merchandise trade statistics are compiled by Enterprise Singapore from the following information submitted to Singapore Customs:

Import and export permits submitted by traders or declaring agents;
Data on postal packages furnished by Singapore Post Limited; and
Statement on bunker fuel, aircraft fuel and stores supplied to non-Singapore-registered ships and aircraft furnished by shipping and aircraft agents.

Prior to April 1987, merchandise trade statistics were compiled by the Singapore Department of Statistics from the same sources.

The Standard International Trade Classification (SITC), Revision 4.1 is used for merchandise trade statistics from 1999, and SITC, Revision 3 for data prior to 1999.

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Merchandise Trade
Total Trade at Current Prices	S$m	Aug-24	106,030.8	3.1	112,319.8	13.6
Total Exports at Current Prices	S$m	Aug-24	55,906.3	4.4	59,305.0	13.4
Domestic Exports	S$m	Aug-24	24,038.9	3.9	26,437.3	17.8
Non-oil Domestic Exports	S$m	Aug-24	15,058.6	10.7	16,383.8	15.7
Re-exports	S$m	Aug-24	31,867.4	4.7	32,867.7	10.1
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	Aug-24	50,124.5	1.8	53,014.8	13.8
Total Trade at Current Prices	S$m	2023	1,205,722.6	-11.7	1,365,402.5	17.7
Total Exports at Current Prices	S$m	2023	638,403.5	-10.1	709,966.6	15.6
Domestic Exports	S$m	2023	285,053.0	-13.5	329,668.8	18.2
Non-oil Domestic Exports	S$m	2023	173,170.9	-13.1	199,207.9	3.0
Re-exports	S$m	2023	353,350.5	-7.1	380,297.8	13.5
Total Imports at Current Prices	S$m	2023	567,319.1	-13.4	655,435.9	20.1

Data are preliminary when first released.
1. Refers to % change in latest period over the same period in the previous year.
2. Refers to % change in the previous period over the same period in the previous year.

Merchandise Trade by Commodity Section/ Division

Title : Merchandise Trade By Commodity Section, (At Current Prices), Monthly

Thousand Dollars

Data Items	2024 Jan	2024 Feb	2024 Mar	2024 Apr	2024 May	2024 Jun	2024 Jul	2024 Aug
Total Merchandise Trade, (At Current Prices)	107,064,227	96,200,422	108,556,742	108,897,185	109,606,897	100,939,826	112,319,832	106,030,778
Oil	20,018,015	21,274,121	19,893,546	21,869,534	22,411,338	18,757,232	21,257,617	18,424,156
Non-Oil	87,046,212	74,926,301	88,663,196	87,027,651	87,195,559	82,182,594	91,062,215	87,606,621
Total Merchandise Imports, (At Current Prices)	49,313,064	45,065,407	51,497,697	53,048,347	52,793,120	48,926,763	53,014,824	50,124,498
Oil	9,986,506	10,782,874	9,563,468	11,284,238	10,854,460	9,159,742	11,074,495	9,116,461
Non-Oil	39,326,558	34,282,534	41,934,230	41,764,109	41,938,661	39,767,022	41,940,328	41,008,037
Total Merchandise Exports, (At Current Prices)	57,751,163	51,135,015	57,059,045	55,848,838	56,813,777	52,013,063	59,305,008	55,906,279
Oil	10,031,508	10,491,248	10,330,078	10,585,296	11,556,878	9,597,490	10,183,122	9,307,695
Non-Oil	47,719,654	40,643,767	46,728,967	45,263,542	45,256,899	42,415,573	49,121,886	46,598,584
Total Domestic Exports, (At Current Prices)	25,141,131	23,159,928	24,095,107	24,062,856	25,554,796	22,946,594	26,437,285	24,038,928
Oil	9,679,340	10,182,205	10,142,470	10,173,812	11,369,054	9,359,309	10,053,502	8,980,294
Non-Oil	15,461,791	12,977,724	13,952,637	13,889,044	14,185,742	13,587,284	16,383,783	15,058,633
Total Re-Exports, (At Current Prices)	32,610,032	27,975,086	32,963,938	31,785,982	31,258,980	29,066,469	32,867,723	31,867,352
Oil	352,168	309,043	187,608	411,484	187,824	238,180	129,620	327,401
Non-Oil	32,257,864	27,666,043	32,776,330	31,374,498	31,071,157	28,828,288	32,738,104	31,539,951

SOURCE : ENTERPRISE SINGAPORE

Footnotes

Prior to 2003, merchandise trade data exclude Singapore's merchandise trade with Indonesia. Data prior to 1999 are based on Standard International Trade Classification (SITC) 3. Data from 1999 onwards are based on SITC 4.1 and consistent with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 version.

Merchandise Trade By Commodity Section (At Current Prices), Monthly

Merchandise Trade By Commodity Section, (At 2023 Prices), Monthly

Merchandise Imports By Commodity Division, Monthly

Merchandise Imports Of Machinery And Equipment, Monthly

Merchandise Exports By Commodity Division, Monthly

Merchandise Exports Of Machinery And Equipment, Monthly

Domestic Exports By Commodity Division, Monthly

Domestic Exports Of Major Non-Oil Products, Monthly

Re-Exports By Commodity Division, Monthly

Re-Exports Of Machinery And Equipment, Monthly

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