Singapore Trade Balance 1960-2021

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Singapore trade balance for 2020 was $108.52B, a 2.55% increase from 2019.
  • Singapore trade balance for 2019 was $105.83B, a 2.2% decline from 2018.
  • Singapore trade balance for 2018 was $108.21B, a 19.21% increase from 2017.
  • Singapore trade balance for 2017 was $90.78B, a 8.81% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $221.53B
Ireland $125.44B
Singapore $108.52B
Netherlands $96.91B
Switzerland $76.98B
Italy $69.07B
South Korea $60.60B
Australia $51.27B
Poland $40.18B
Luxembourg $28.37B
Sweden $23.55B
Denmark $23.05B
Spain $19.10B
Israel $17.42B
Czech Republic $16.81B
Austria $16.18B
Saudi Arabia $14.58B
Chile $13.27B
Argentina $10.45B
Hong Kong $6.32B
Lithuania $5.39B
Slovenia $5.22B
Hungary $3.34B
Uruguay $2.35B
Belgium $2.33B
Malta $1.41B
Finland $1.05B
Slovak Republic $0.85B
Brunei $0.53B
Latvia $0.39B
Estonia $0.04B
Antigua and Barbuda $-0.06B
Iceland $-0.13B
Seychelles $-0.38B
Cyprus $-1.48B
Norway $-2.13B
Croatia $-4.04B
Portugal $-4.55B
United Kingdom $-9.69B
Greece $-14.30B
Canada $-33.05B
France $-57.65B
Singapore Trade Balance - Historical Data
Year Billions of US $ % of GDP
2020 $108.52B 31.92%
2019 $105.83B 28.27%
2018 $108.21B 28.78%
2017 $90.78B 26.44%
2016 $83.42B 26.17%
2015 $84.08B 27.30%
2014 $73.80B 23.44%
2013 $71.09B 23.11%
2012 $71.49B 24.23%
2011 $76.98B 27.56%
2010 $63.10B 26.31%
2009 $45.62B 23.50%
2008 $40.00B 20.66%
2007 $56.58B 31.27%
2006 $45.65B 30.71%
2005 $38.20B 29.89%
2004 $30.35B 26.38%
2003 $27.30B 27.95%
2002 $17.05B 18.43%
2001 $14.81B 16.50%
2000 $11.85B 12.34%
1999 $14.67B 17.01%
1998 $18.43B 21.50%
1997 $14.75B 14.73%
1996 $15.77B 16.38%
1995 $14.74B 16.78%
1994 $11.92B 16.17%
1993 $5.99B 9.88%
1992 $6.33B 12.14%
1991 $6.00B 13.20%
1990 $3.63B 10.05%
1989 $3.36B 11.02%
1988 $2.43B 9.56%
1987 $0.62B 2.97%
1986 $0.49B 2.64%
1985 $0.06B 0.30%
1984 $-0.04B -0.20%
1983 $0.10B 0.58%
1982 $-0.29B -1.83%
1981 $-0.48B -3.41%
1980 $-0.82B -6.92%
1979 $-0.53B -5.66%
1978 $-0.28B -3.73%
1977 $-0.10B -1.47%
1976 $-0.44B -6.94%
1975 $-0.53B -9.33%
1974 $-0.78B -15.02%
1973 $-0.33B -9.06%
1972 $-0.42B -15.58%
1971 $-0.46B -20.37%
1970 $-0.37B -19.01%
1969 $-0.16B -9.45%
1968 $-0.08B -5.48%
1967 $-0.09B -7.35%
1966 $-0.08B -7.22%
1965 $-0.11B -11.07%
1964 $-0.10B -10.86%
1963 $-0.13B -14.57%
1962 $-0.09B -10.40%
1961 $-0.11B -14.56%
1960 $-0.10B -13.66%