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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

Aug-23

103,367.2 -15.2 99,046.1 -20.9
Total Exports at Current Prices S$m Aug-23 54,042.3 -14.7 52,338.2 -18.4

Domestic Exports

S$m Aug-23 23,558.2 -22.0 22,452.1 -27.6

Non-oil Domestic Exports

S$m Aug-23 14,026.4 -20.1 14,163.1 -20.3

Re-exports

S$m Aug-23 30,484.1 -8.0 29,886.1 -9.8
Items Unit Latest Period Latest Data % Change
(Y‑o‑Y)  1/
Previous
Period Data
% Change
(Y‑o‑Y)  2/
Total Imports at Current Prices S$m Aug-23 49,324.9 -15.6 46,707.9 -23.5
Total Trade at Current Prices S$m 2022 1,365,402.5 17.7 1,159,963.0 19.7
Total Exports at Current Prices S$m 2022 709,966.6 15.6 614,081.1 19.1

Domestic Exports

S$m 2022 329,668.8 18.2 278,975.4 19.0

Non-oil Domestic Exports

S$m 2022 199,207.9 3.0 193,352.5 12.1

Re-exports

S$m 2022 380,297.8 13.5 335,105.7 19.2
Total Imports at Current Prices S$m 2022 655,435.9 20.1 545,881.9 20.4

Merchandise Trade by Commodity Section/ Division

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

Thousand Dollars

Data Items

2023 Jan
2023 Feb
2023 Mar
2023 Apr
2023 May
2023 Jun
2023 Jul
2023 Aug

Total Merchandise Trade, (At Current Prices)

94,018,626
93,033,845
110,715,201
94,377,027
96,424,187
99,865,236
99,046,073
103,367,169

Oil

19,333,982
19,482,790
20,344,068
17,712,040
17,961,001
18,269,910
17,997,018
19,965,536

Non-Oil

74,684,644
73,551,055
90,371,133
76,664,987
78,463,186
81,595,326
81,049,056
83,401,632

Total Merchandise Imports, (At Current Prices)

44,472,903
42,750,940
51,641,711
45,067,900
45,675,842
46,788,289
46,707,871
49,324,868

Oil

9,881,837
9,686,623
10,133,227
8,781,063
8,938,204
9,263,526
9,158,167
10,171,288

Non-Oil

34,591,066
33,064,317
41,508,484
36,286,837
36,737,638
37,524,763
37,549,704
39,153,581

Total Merchandise Exports, (At Current Prices)

49,545,722
50,282,906
59,073,489
49,309,126
50,748,345
53,076,947
52,338,202
54,042,300

Oil

9,452,144
9,796,167
10,210,840
8,930,976
9,022,797
9,006,384
8,838,850
9,794,249

Non-Oil

40,093,578
40,486,738
48,862,649
40,378,150
41,725,548
44,070,563
43,499,352
44,248,052

Total Domestic Exports, (At Current Prices)

22,375,973
22,274,139
27,554,973
24,014,980
23,027,226
23,470,049
22,452,058
23,558,197

Oil

9,111,422
9,266,479
9,941,126
8,658,874
8,737,445
8,573,563
8,288,973
9,531,810

Non-Oil

13,264,550
13,007,659
17,613,847
15,356,106
14,289,781
14,896,486
14,163,085
14,026,388

Total Re-Exports, (At Current Prices)

27,169,750
28,008,767
31,518,516
25,294,146
27,721,119
29,606,897
29,886,144
30,484,103

Oil

340,722
529,688
269,714
272,102
285,352
432,820
549,877
262,439

Non-Oil

26,829,027
27,479,079
31,248,802
25,022,044
27,435,767
29,174,077
29,336,267
30,221,664
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