Goods exports in Singapore

Singapore: Goods exports was 651.64 billion BoP, current US$ in 2025. ◆ Volatile

Latest (2025)
651.64 billion BoP, current US$
Change on year
up 8.4%
World rank
10th
of 200 countries
All-time high
651.64 billion BoP, current US$
in 2025
All-time low
2.17 billion BoP, current US$
in 1972
Years of data
54
1972–2025

Goods exports in Singapore, 1972–2025

0200.0B400.0B600.0B197219982025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

In 2025, goods exports in Singapore stood at 651.64 billion BoP, current US$. That is the highest value across all 54 years on record.

That represents a change of up 8.4% on the previous year and up 64.5% over ten years.

Over the whole period, goods exports in Singapore peaked at 651.64 billion BoP, current US$ in 2025 and was at its lowest, 2.17 billion BoP, current US$, in 1972.

Singapore ranks 10th of 200 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Goods exports in Singapore, year by year

Annual values for Goods exports (BoP, current US$) in Singapore, 1972 to 2025.
Year BoP, current US$ Change
1972 2.17 billion BoP, current US$
1973 3.60 billion BoP, current US$ +65.9%
1974 5.91 billion BoP, current US$ +64.1%
1975 5.48 billion BoP, current US$ -7.2%
1976 6.65 billion BoP, current US$ +21.4%
1977 8.25 billion BoP, current US$ +23.9%
1978 10.12 billion BoP, current US$ +22.8%
1979 14.25 billion BoP, current US$ +40.7%
1980 19.43 billion BoP, current US$ +36.4%
1981 21.09 billion BoP, current US$ +8.5%
1982 21.02 billion BoP, current US$ -0.4%
1983 21.89 billion BoP, current US$ +4.2%
1984 24.09 billion BoP, current US$ +10.0%
1985 23.19 billion BoP, current US$ -3.8%
1986 22.74 billion BoP, current US$ -1.9%
1987 29.10 billion BoP, current US$ +28.0%
1988 40.70 billion BoP, current US$ +39.9%
1989 45.70 billion BoP, current US$ +12.3%
1990 54.68 billion BoP, current US$ +19.6%
1991 61.33 billion BoP, current US$ +12.2%
1992 66.57 billion BoP, current US$ +8.5%
1993 77.86 billion BoP, current US$ +17.0%
1994 97.92 billion BoP, current US$ +25.8%
1995 133.02 billion BoP, current US$ +35.8%
1996 141.90 billion BoP, current US$ +6.7%
1997 143.06 billion BoP, current US$ +0.8%
1998 120.11 billion BoP, current US$ -16.0%
1999 128.33 billion BoP, current US$ +6.8%
2000 154.94 billion BoP, current US$ +20.7%
2001 138.39 billion BoP, current US$ -10.7%
2002 142.46 billion BoP, current US$ +2.9%
2003 167.42 billion BoP, current US$ +17.5%
2004 206.60 billion BoP, current US$ +23.4%
2005 242.17 billion BoP, current US$ +17.2%
2006 280.60 billion BoP, current US$ +15.9%
2007 311.49 billion BoP, current US$ +11.0%
2008 354.21 billion BoP, current US$ +13.7%
2009 289.51 billion BoP, current US$ -18.3%
2010 374.44 billion BoP, current US$ +29.3%
2011 448.74 billion BoP, current US$ +19.8%
2012 451.06 billion BoP, current US$ +0.5%
2013 457.99 billion BoP, current US$ +1.5%
2014 450.62 billion BoP, current US$ -1.6%
2015 396.22 billion BoP, current US$ -12.1%
2016 372.39 billion BoP, current US$ -6.0%
2017 415.15 billion BoP, current US$ +11.5%
2018 459.04 billion BoP, current US$ +10.6%
2019 438.70 billion BoP, current US$ -4.4%
2020 416.05 billion BoP, current US$ -5.2%
2021 511.65 billion BoP, current US$ +23.0%
2022 608.41 billion BoP, current US$ +18.9%
2023 571.33 billion BoP, current US$ -6.1%
2024 601.13 billion BoP, current US$ +5.2%
2025 651.64 billion BoP, current US$ +8.4%

Singapore compared with similar countries

  • Singapore's 651.64 billion BoP, current US$ is above the median for high income countries, which is 47.85 billion BoP, current US$, 13.6× the median. (72 countries reporting)
  • Singapore's 651.64 billion BoP, current US$ is above the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 63.3× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.05 billion BoP, current US$ 2.17 billion BoP, current US$ 14.25 billion BoP, current US$ 8
1980s 26.89 billion BoP, current US$ 19.43 billion BoP, current US$ 45.70 billion BoP, current US$ 10
1990s 102.48 billion BoP, current US$ 54.68 billion BoP, current US$ 143.06 billion BoP, current US$ 10
2000s 228.78 billion BoP, current US$ 138.39 billion BoP, current US$ 354.21 billion BoP, current US$ 10
2010s 426.43 billion BoP, current US$ 372.39 billion BoP, current US$ 459.04 billion BoP, current US$ 10
2020s 560.03 billion BoP, current US$ 416.05 billion BoP, current US$ 651.64 billion BoP, current US$ 6

Countries ranked near Singapore

  1. 7 Netherlands 693.12 billion BoP, current US$ compare
  2. 8 Mexico 665.60 billion BoP, current US$ compare
  3. 9 Italy 655.32 billion BoP, current US$ compare
  4. 11 Hong Kong 631.14 billion BoP, current US$ compare
  5. 12 Switzerland 617.29 billion BoP, current US$ compare
  6. 13 Canada 554.75 billion BoP, current US$ compare

See the full ranking of 245 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is goods exports in Singapore?
Goods exports in Singapore was 651.64 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest goods exports recorded in Singapore?
The highest recorded value was 651.64 billion BoP, current US$ in 2025.
What is the lowest goods exports recorded in Singapore?
The lowest recorded value was 2.17 billion BoP, current US$ in 1972.
How does Singapore rank for goods exports?
Singapore ranks 10th out of 200 countries with data for 2025.
Is goods exports rising or falling in Singapore?
Over the last ten years it is up 64.5%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.

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Goods exports in Singapore. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/goods-exports-bop-current-us/singapore/

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About this data

Indicator
Goods exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 9,653 data points, 1960–2025
Last refreshed

Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.