Singapore - Imports of Goods





Singapore: Imports of Goods

Mnemonic TRIG.ISGP
Unit Mil. SGD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 10.48 %
Data 2021 Q4 143,007
2021 Q3 129,445

Series Information

Source Singapore Department of Statistics (DOS)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1986
End Date 12/31/2021

Singapore: Trade

Reference Last Previous Units Frequency
Balance of Goods 2021 Q4 43,076 40,390 Mil. SGD, NSA Quarterly
Current Account Balance 2021 Q4 25,720 26,719 Mil. SGD, NSA Quarterly
Exports of Goods 2021 Q4 186,083 169,835 Mil. SGD, NSA Quarterly
Exports of Goods and Services 2021 Q4 266,583 247,227 Mil. SGD, NSA Quarterly
Imports of Goods 2021 Q4 143,007 129,445 Mil. SGD, NSA Quarterly
Imports of Goods and Services 2021 Q4 223,214 203,916 Mil. SGD, NSA Quarterly
Net Exports 2021 Q4 43,369 43,311 Mil. SGD, NSA Quarterly
Real Exports of Goods and Services 2021 Q4 241,753 231,557 Mil. Ch. 2015 SGD, NSA Quarterly
Real Imports of Goods and Services 2021 Q4 204,642 192,710 Mil. Ch. 2015 SGD, NSA Quarterly
Real Net Exports 2021 Q4 37,185 37,033 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.