Singapore - Imports of Goods





Singapore: Imports of Goods

Mnemonic TRIG.ISGP
Unit Mil. SGD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 11.42 %
Data 2020 Q3 105,719
2020 Q2 94,881

Series Information

Source Singapore Department of Statistics (DOS)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1986
End Date 9/30/2020

Singapore: Trade

Reference Last Previous Units Frequency
Balance of Goods 2020 Q3 32,074 30,323 Mil. SGD, NSA Quarterly
Current Account Balance 2020 Q3 22,911 17,868 Mil. SGD, NSA Quarterly
Exports of Goods 2020 Q3 137,794 125,204 Mil. SGD, NSA Quarterly
Exports of Goods and Services 2020 Q3 195,561 180,252 Mil. SGD, NSA Quarterly
Imports of Goods 2020 Q3 105,719 94,881 Mil. SGD, NSA Quarterly
Imports of Goods and Services 2020 Q3 159,825 146,482 Mil. SGD, NSA Quarterly
Net Exports 2020 Q3 35,736 33,769 Mil. SGD, NSA Quarterly
Real Imports of Goods and Services 2020 Q3 162,979 152,553 Mil. Ch. 2015 SGD, NSA Quarterly
Real Net Exports 2020 Q3 33,896 31,921 Mil. Ch. 2015 SGD, SA Quarterly
Real Exports of Goods and Services 2017 843,207,200,000 810,026,400,000 NCU Annual

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.