Singapore - Exports of Goods





Singapore: Exports of Goods

Mnemonic TREG.ISGP
Unit Mil. SGD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 2.03 %
Data 2023 Q4 189,904
2023 Q3 186,125

Series Information

Source Singapore Department of Statistics (DOS)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1986
End Date 12/31/2023

Singapore: Trade

Reference Last Previous Units Frequency
Balance of Goods 2023 Q4 52,921 52,897 Mil. SGD, NSA Quarterly
Current Account Balance 2023 Q4 34,411 33,959 Mil. SGD, NSA Quarterly
Exports of Goods 2023 Q4 189,904 186,125 Mil. SGD, NSA Quarterly
Exports of Goods and Services 2023 Q4 305,754 294,905 Mil. SGD, NSA Quarterly
Imports of Goods 2023 Q4 136,982 133,227 Mil. SGD, NSA Quarterly
Imports of Goods and Services 2023 Q4 239,089 231,051 Mil. SGD, NSA Quarterly
Net Exports 2023 Q4 66,665 63,853 Mil. SGD, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 273,172 252,571 Mil. Ch. 2015 SGD, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 229,432 209,808 Mil. Ch. 2015 SGD, NSA Quarterly
Real Net Exports 2023 Q4 43,932 41,292 Mil. Ch. 2015 SGD, SA Quarterly

Release Information

Singapore's balance of payments. The data is expressed in Mil. SGD and is not seasonally adjusted.

The BOP records economic transactions between residents and non-residents. The residence of an entity is the economic territory with which it has the strongest connection, determined by its centre of predominant economic interest. Cross-border transactions are recorded on an accrual basis and occur when there is change of economic ownership, a term introduced in BPM6 taking into account the risks and rewards of ownership. While BPM5 allowed for exceptions to the change of ownership principle (e.g. in relation to goods for processing and migrants’ transfers), such exceptions have been eliminated from the guidelines set out in BPM6.

For full detail, users can refer to this link: http://www.singstat.gov.sg/docs/default-source/default-document-library/publications/publications_and_papers/international_accounts/op-e28.pdf

The data was revised in 2010 by the Department of Statistics. In March 2012, the DOS revised its BOP statistics to BPM6 (In accordance with the IMF standards). The source revises the history each year with the release of the Annual Economic Survey of Singapore every February.