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$m	Mar-24	108,619.3	-1.8	96,279.3	3.5
Total Exports at Current Prices	S$m	Mar-24	57,059.1	-3.4	51,131.6	1.7
Domestic Exports	S$m	Mar-24	24,102.6	-12.5	23,159.5	4.0
Non-oil Domestic Exports	S$m	Mar-24	13,959.5	-20.7	12,977.3	-0.2
Re-exports	S$m	Mar-24	32,956.5	4.6	27,972.0	-0.1
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	Mar-24	51,560.2	-0.1	45,147.7	5.6
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	2023 Aug	2023 Sep	2023 Oct	2023 Nov	2023 Dec	2024 Jan	2024 Feb	2024 Mar
Total Merchandise Trade, (At Current Prices)	102,822,761	103,395,783	109,959,513	104,964,764	97,730,166	107,109,010	96,279,296	108,619,297
Oil	19,934,170	20,253,470	22,863,122	22,309,648	17,465,048	20,018,015	21,274,126	19,893,658
Non-Oil	82,888,592	83,142,313	87,096,391	82,655,116	80,265,118	87,090,996	75,005,170	88,725,640
Total Merchandise Imports, (At Current Prices)	49,259,954	48,959,187	51,889,502	49,402,365	45,253,865	49,355,089	45,147,725	51,560,212
Oil	10,137,168	10,629,680	11,119,331	11,564,832	8,680,679	9,986,506	10,782,874	9,563,398
Non-Oil	39,122,786	38,329,507	40,770,171	37,837,533	36,573,185	39,368,583	34,364,852	41,996,814
Total Merchandise Exports, (At Current Prices)	53,562,807	54,436,596	58,070,011	55,562,400	52,476,302	57,753,921	51,131,571	57,059,086
Oil	9,797,002	9,623,790	11,743,791	10,744,816	8,784,368	10,031,508	10,491,252	10,330,260
Non-Oil	43,765,806	44,812,806	46,326,220	44,817,584	43,691,933	47,722,412	40,640,319	46,728,826
Total Domestic Exports, (At Current Prices)	23,134,727	23,093,295	26,297,710	24,833,932	22,546,049	25,141,642	23,159,527	24,102,582
Oil	9,534,523	9,328,308	11,517,669	10,346,749	8,576,911	9,679,340	10,182,209	10,143,041
Non-Oil	13,600,203	13,764,987	14,780,041	14,487,184	13,969,138	15,462,302	12,977,318	13,959,541
Total Re-Exports, (At Current Prices)	30,428,081	31,343,301	31,772,301	30,728,467	29,930,252	32,612,279	27,972,044	32,956,504
Oil	262,478	295,482	226,122	398,067	207,457	352,168	309,043	187,219
Non-Oil	30,165,602	31,047,820	31,546,179	30,330,400	29,722,795	32,260,111	27,663,001	32,769,284

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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