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Trade Balance

SG

Key Values

Actual
5.95
Forecast
—
Previous
4.99

About This Indicator

Description

The Trade Balance represents the difference between the value of a country's exported and imported goods and services. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. It is a major component of the Current Account and directly impacts the calculation of the Gross Domestic Product (GDP).

Methodology

The data is compiled by the Census Bureau and the Bureau of Economic Analysis using customs documentation for goods and survey data for services.

Source: Singapore Department of Statistics

Full History

Historical Data
View data as table
DateActualForecastSurprise
Oct 17, 20255.95——
Sep 17, 20255.08——
Jul 17, 20259.71——
Jun 17, 20257.24——
May 16, 202514.20——
Feb 17, 20252.93——
Jan 17, 20253.85——
Dec 17, 20246.52——
Oct 17, 20245.25——
Sep 17, 20245.903.83+2.07
Aug 16, 20246.49——

Statistics

Mean
6.65
Std Deviation
3.06
Trend
Rising
Data Points
11
YoY
+0.05