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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:

  1. Import and export permits submitted by traders or declaring agents;
  2. Data on postal packages furnished by Singapore Post Limited; and
  3. 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

Jan-24

107,114.4 14.1 97,730.2 -6.8
Total Exports at Current Prices S$m Jan-24 57,824.5 16.7 52,476.3 -4.6

Domestic Exports

S$m Jan-24 25,149.7 12.5 22,546.0 -7.7

Non-oil Domestic Exports

S$m Jan-24 15,470.4 16.8 13,969.1 -1.5

Re-exports

S$m

Jan-24

32,674.7 20.3

29,930.3

-2.1
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$m Jan-24 49,290.0 11.1 45,253.9 -9.3
Total Trade at Current Prices S$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

Merchandise Trade by Commodity Section/ Division

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

Thousand Dollars

Data Items

2023 Jun
2023 Jul
2023 Aug
2023 Sep
2023 Oct
2023 Nov
2023 Dec
2024 Jan

Total Merchandise Trade, (At Current Prices)

99,800,672
98,876,160
102,822,761
103,395,783
109,959,513
104,964,764
97,730,166
107,114,413

Oil

18,269,910
17,997,018
19,934,170
20,253,470
22,863,122
22,309,648
17,465,048
19,935,241

Non-Oil

81,530,762
80,879,142
82,888,592
83,142,313
87,096,391
82,655,116
80,265,118
87,179,171

Total Merchandise Imports, (At Current Prices)

46,726,290
46,574,586
49,259,954
48,959,187
51,889,502
49,402,365
45,253,865
49,289,958

Oil

9,263,526
9,158,167
10,137,168
10,629,680
11,119,331
11,564,832
8,680,679
9,903,737

Non-Oil

37,462,764
37,416,419
39,122,786
38,329,507
40,770,171
37,837,533
36,573,185
39,386,220

Total Merchandise Exports, (At Current Prices)

53,074,382
52,301,573
53,562,807
54,436,596
58,070,011
55,562,400
52,476,302
57,824,455

Oil

9,006,384
8,838,850
9,797,002
9,623,790
11,743,791
10,744,816
8,784,368
10,031,504

Non-Oil

44,067,999
43,462,723
43,765,806
44,812,806
46,326,220
44,817,584
43,691,933
47,792,951

Total Domestic Exports, (At Current Prices)

23,470,044
22,445,521
23,134,727
23,093,295
26,297,710
24,833,932
22,546,049
25,149,729

Oil

8,573,563
8,288,973
9,534,523
9,328,308
11,517,669
10,346,749
8,576,911
9,679,353

Non-Oil

14,896,481
14,156,547
13,600,203
13,764,987
14,780,041
14,487,184
13,969,138
15,470,376

Total Re-Exports, (At Current Prices)

29,604,338
29,856,053
30,428,081
31,343,301
31,772,301
30,728,467
29,930,252
32,674,726

Oil

432,820
549,877
262,478
295,482
226,122
398,067
207,457
352,151

Non-Oil

29,171,518
29,306,176
30,165,602
31,047,820
31,546,179
30,330,400
29,722,795
32,322,575
SOURCE : ENTERPRISE SINGAPORE

Definitions

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Other References

Enterprise Singapore
Singapore’s External Trade View
Singapore Customs
Singapore Trade Classification, Customs & Excise Duties View
Ministry of Trade and Industry
Economic Survey of Singapore View