Net trade in goods and services in Singapore
Singapore: Net trade in goods and services was 213.75 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
213.75 billion BoP, current US$
Change on year
up 3.6%
World rank
3rd
of 199 countries
All-time high
213.75 billion BoP, current US$
in 2025
All-time low
-1.03 billion BoP, current US$
in 1980
Years of data
54
1972–2025
Net trade in goods and services in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Singapore is 213.75 billion BoP, current US$, measured in 2025. That is the highest value across all 54 years on record.
That represents a change of up 3.6% on the previous year and up 154.2% over ten years.
Over the whole period, net trade in goods and services in Singapore peaked at 213.75 billion BoP, current US$ in 2025 and was at its lowest, -1.03 billion BoP, current US$, in 1980.
That places Singapore 3rd out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | -481.42 million BoP, current US$ | — |
| 1973 | -414.26 million BoP, current US$ | -13.9% |
| 1974 | -827.70 million BoP, current US$ | +99.8% |
| 1975 | -579.85 million BoP, current US$ | -29.9% |
| 1976 | -478.38 million BoP, current US$ | -17.5% |
| 1977 | -167.25 million BoP, current US$ | -65.0% |
| 1978 | -387.86 million BoP, current US$ | +131.9% |
| 1979 | -657.14 million BoP, current US$ | +69.4% |
| 1980 | -1.03 billion BoP, current US$ | +56.3% |
| 1981 | -764.90 million BoP, current US$ | -25.5% |
| 1982 | -665.41 million BoP, current US$ | -13.0% |
| 1983 | -305.72 million BoP, current US$ | -54.1% |
| 1984 | -513.34 million BoP, current US$ | +67.9% |
| 1985 | -384.52 million BoP, current US$ | -25.1% |
| 1986 | 58.33 million BoP, current US$ | -115.2% |
| 1987 | 39.51 million BoP, current US$ | -32.3% |
| 1988 | 1.79 billion BoP, current US$ | +4439.8% |
| 1989 | 2.50 billion BoP, current US$ | +39.2% |
| 1990 | 2.54 billion BoP, current US$ | +1.6% |
| 1991 | 4.59 billion BoP, current US$ | +80.9% |
| 1992 | 4.84 billion BoP, current US$ | +5.5% |
| 1993 | 4.55 billion BoP, current US$ | -6.0% |
| 1994 | 10.50 billion BoP, current US$ | +130.7% |
| 1995 | 14.74 billion BoP, current US$ | +40.4% |
| 1996 | 15.77 billion BoP, current US$ | +7.0% |
| 1997 | 14.75 billion BoP, current US$ | -6.5% |
| 1998 | 18.43 billion BoP, current US$ | +25.0% |
| 1999 | 14.67 billion BoP, current US$ | -20.4% |
| 2000 | 11.85 billion BoP, current US$ | -19.2% |
| 2001 | 14.81 billion BoP, current US$ | +25.0% |
| 2002 | 17.05 billion BoP, current US$ | +15.1% |
| 2003 | 27.30 billion BoP, current US$ | +60.1% |
| 2004 | 30.35 billion BoP, current US$ | +11.2% |
| 2005 | 38.20 billion BoP, current US$ | +25.9% |
| 2006 | 45.65 billion BoP, current US$ | +19.5% |
| 2007 | 56.58 billion BoP, current US$ | +24.0% |
| 2008 | 40.00 billion BoP, current US$ | -29.3% |
| 2009 | 45.62 billion BoP, current US$ | +14.0% |
| 2010 | 63.10 billion BoP, current US$ | +38.3% |
| 2011 | 76.98 billion BoP, current US$ | +22.0% |
| 2012 | 71.49 billion BoP, current US$ | -7.1% |
| 2013 | 71.09 billion BoP, current US$ | -0.6% |
| 2014 | 73.80 billion BoP, current US$ | +3.8% |
| 2015 | 84.08 billion BoP, current US$ | +13.9% |
| 2016 | 84.21 billion BoP, current US$ | +0.2% |
| 2017 | 91.53 billion BoP, current US$ | +8.7% |
| 2018 | 112.26 billion BoP, current US$ | +22.7% |
| 2019 | 110.67 billion BoP, current US$ | -1.4% |
| 2020 | 109.86 billion BoP, current US$ | -0.7% |
| 2021 | 157.85 billion BoP, current US$ | +43.7% |
| 2022 | 204.54 billion BoP, current US$ | +29.6% |
| 2023 | 189.95 billion BoP, current US$ | -7.1% |
| 2024 | 206.31 billion BoP, current US$ | +8.6% |
| 2025 | 213.75 billion BoP, current US$ | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -499.23 million BoP, current US$ | -827.70 million BoP, current US$ | -167.25 million BoP, current US$ | 8 |
| 1980s | 72.70 million BoP, current US$ | -1.03 billion BoP, current US$ | 2.50 billion BoP, current US$ | 10 |
| 1990s | 10.54 billion BoP, current US$ | 2.54 billion BoP, current US$ | 18.43 billion BoP, current US$ | 10 |
| 2000s | 32.74 billion BoP, current US$ | 11.85 billion BoP, current US$ | 56.58 billion BoP, current US$ | 10 |
| 2010s | 83.92 billion BoP, current US$ | 63.10 billion BoP, current US$ | 112.26 billion BoP, current US$ | 10 |
| 2020s | 180.38 billion BoP, current US$ | 109.86 billion BoP, current US$ | 213.75 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 1 China 822.44 billion BoP, current US$ compare
- 2 Ireland 250.37 billion BoP, current US$ compare
- 4 Netherlands 133.83 billion BoP, current US$ compare
- 5 Germany 123.35 billion BoP, current US$ compare
- 6 Republic of Korea 103.55 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)
- GNI, Atlas method (current US$), annual growth rate 9.16 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8274 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 81,755 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.96 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.831 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 82,118 current US$ per person (2025)
- GNI (current LCU), annual growth rate 3.67 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is net trade in goods and services in Singapore?
- Net trade in goods and services in Singapore was 213.75 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Singapore?
- The highest recorded value was 213.75 billion BoP, current US$ in 2025.
- What is the lowest net trade in goods and services recorded in Singapore?
- The lowest recorded value was -1.03 billion BoP, current US$ in 1980.
- How does Singapore rank for net trade in goods and services?
- Singapore ranks 3rd out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in Singapore?
- Over the last ten years it is up 154.2%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.