Goods exports in Singapore
Singapore: Goods exports was 651.64 billion BoP, current US$ in 2025. ◆ Volatile
Goods exports in Singapore, 1972–2025
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$, in 1972.
Singapore ranks 10th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports in Singapore, year by year
| Year | BoP, current US$ | 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$, 63.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.05 billion BoP, current US$ | 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
- 7 Netherlands 693.12 billion BoP, current US$ compare
- 8 Mexico 665.60 billion BoP, current US$ compare
- 9 Italy 655.32 billion BoP, current US$ compare
- 11 Hong Kong 631.14 billion BoP, current US$ compare
- 12 Switzerland 617.29 billion BoP, current US$ compare
- 13 Canada 554.75 billion BoP, current US$ compare
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Singapore?
- Goods exports in Singapore was 651.64 billion BoP, current US$ 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.
Download this data
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About this data
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.