Net trade in goods in Singapore
Singapore: Net trade in goods was 176.19 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
176.19 billion BoP, current US$
Change on year
up 2.6%
World rank
4th
of 200 countries
All-time high
176.19 billion BoP, current US$
in 2025
All-time low
-5.18 billion BoP, current US$
in 1982
Years of data
54
1972–2025
Net trade in goods in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Singapore is 176.19 billion BoP, current US$, measured in 2025. That is the highest value across all 54 years on record.
That represents a change of up 2.6% on the previous year and up 90.3% over ten years.
Over the whole period, net trade in goods in Singapore peaked at 176.19 billion BoP, current US$ in 2025 and was at its lowest, -5.18 billion BoP, current US$, in 1982.
Singapore ranks 4th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | -957.87 million BoP, current US$ | — |
| 1973 | -1.14 billion BoP, current US$ | +18.7% |
| 1974 | -1.86 billion BoP, current US$ | +63.5% |
| 1975 | -2.03 billion BoP, current US$ | +9.2% |
| 1976 | -1.79 billion BoP, current US$ | -11.9% |
| 1977 | -1.48 billion BoP, current US$ | -17.0% |
| 1978 | -1.97 billion BoP, current US$ | +32.6% |
| 1979 | -2.20 billion BoP, current US$ | +11.9% |
| 1980 | -2.97 billion BoP, current US$ | +34.9% |
| 1981 | -4.69 billion BoP, current US$ | +58.0% |
| 1982 | -5.18 billion BoP, current US$ | +10.3% |
| 1983 | -4.36 billion BoP, current US$ | -15.9% |
| 1984 | -2.64 billion BoP, current US$ | -39.4% |
| 1985 | -1.52 billion BoP, current US$ | -42.6% |
| 1986 | -940.11 million BoP, current US$ | -38.1% |
| 1987 | -1.14 billion BoP, current US$ | +21.6% |
| 1988 | 27.68 million BoP, current US$ | -102.4% |
| 1989 | -312.52 million BoP, current US$ | -1229.1% |
| 1990 | -1.63 billion BoP, current US$ | +422.4% |
| 1991 | -110.10 million BoP, current US$ | -93.3% |
| 1992 | -1.82 billion BoP, current US$ | +1554.4% |
| 1993 | -2.72 billion BoP, current US$ | +49.5% |
| 1994 | 1.35 billion BoP, current US$ | -149.7% |
| 1995 | 10.47 billion BoP, current US$ | +673.2% |
| 1996 | 11.33 billion BoP, current US$ | +8.2% |
| 1997 | 11.23 billion BoP, current US$ | -0.9% |
| 1998 | 15.90 billion BoP, current US$ | +41.6% |
| 1999 | 16.09 billion BoP, current US$ | +1.1% |
| 2000 | 15.76 billion BoP, current US$ | -2.0% |
| 2001 | 20.57 billion BoP, current US$ | +30.5% |
| 2002 | 22.55 billion BoP, current US$ | +9.6% |
| 2003 | 36.76 billion BoP, current US$ | +63.1% |
| 2004 | 40.59 billion BoP, current US$ | +10.4% |
| 2005 | 47.65 billion BoP, current US$ | +17.4% |
| 2006 | 52.33 billion BoP, current US$ | +9.8% |
| 2007 | 58.14 billion BoP, current US$ | +11.1% |
| 2008 | 41.40 billion BoP, current US$ | -28.8% |
| 2009 | 47.89 billion BoP, current US$ | +15.7% |
| 2010 | 63.23 billion BoP, current US$ | +32.0% |
| 2011 | 75.55 billion BoP, current US$ | +19.5% |
| 2012 | 74.95 billion BoP, current US$ | -0.8% |
| 2013 | 78.78 billion BoP, current US$ | +5.1% |
| 2014 | 86.69 billion BoP, current US$ | +10.0% |
| 2015 | 92.57 billion BoP, current US$ | +6.8% |
| 2016 | 89.92 billion BoP, current US$ | -2.9% |
| 2017 | 99.50 billion BoP, current US$ | +10.6% |
| 2018 | 102.85 billion BoP, current US$ | +3.4% |
| 2019 | 93.11 billion BoP, current US$ | -9.5% |
| 2020 | 101.98 billion BoP, current US$ | +9.5% |
| 2021 | 119.88 billion BoP, current US$ | +17.5% |
| 2022 | 161.45 billion BoP, current US$ | +34.7% |
| 2023 | 161.11 billion BoP, current US$ | -0.2% |
| 2024 | 171.81 billion BoP, current US$ | +6.6% |
| 2025 | 176.19 billion BoP, current US$ | +2.6% |
Singapore compared with similar countries
- Singapore's 176.19 billion BoP, current US$ is above the median for high income countries, which is -743.67 million BoP, current US$. (72 countries reporting)
- Singapore's 176.19 billion BoP, current US$ is above the median for East Asia & Pacific, which is -98.47 million BoP, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -1554.4% | -110.10 million BoP, current US$ | -1.82 billion BoP, current US$ |
| 1989 | -1229.1% | 27.68 million BoP, current US$ | -312.52 million BoP, current US$ |
| 1995 | +673.2% | 1.35 billion BoP, current US$ | 10.47 billion BoP, current US$ |
| 1990 | -422.4% | -312.52 million BoP, current US$ | -1.63 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.68 billion BoP, current US$ | -2.20 billion BoP, current US$ | -957.87 million BoP, current US$ | 8 |
| 1980s | -2.37 billion BoP, current US$ | -5.18 billion BoP, current US$ | 27.68 million BoP, current US$ | 10 |
| 1990s | 6.01 billion BoP, current US$ | -2.72 billion BoP, current US$ | 16.09 billion BoP, current US$ | 10 |
| 2000s | 38.36 billion BoP, current US$ | 15.76 billion BoP, current US$ | 58.14 billion BoP, current US$ | 10 |
| 2010s | 85.72 billion BoP, current US$ | 63.23 billion BoP, current US$ | 102.85 billion BoP, current US$ | 10 |
| 2020s | 148.74 billion BoP, current US$ | 101.98 billion BoP, current US$ | 176.19 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 1 China 1.06 trillion BoP, current US$ compare
- 2 Germany 206.91 billion BoP, current US$ compare
- 3 Ireland 190.99 billion BoP, current US$ compare
- 5 South Korea 138.07 billion BoP, current US$ compare
- 6 Russia 117.10 billion BoP, current US$ compare
- 7 Switzerland 109.21 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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Singapore?
- Net trade in goods in Singapore was 176.19 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Singapore?
- The highest recorded value was 176.19 billion BoP, current US$ in 2025.
- What is the lowest net trade in goods recorded in Singapore?
- The lowest recorded value was -5.18 billion BoP, current US$ in 1982.
- How does Singapore rank for net trade in goods?
- Singapore ranks 4th out of 200 countries with data for 2025.
- Is net trade in goods rising or falling in Singapore?
- Over the last ten years it is up 90.3%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.