The statistic shows Singapore's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Singapore's trade surplus amounted to around 52.8 billion U.S. dollars.
Singapore: Trade balance of goods from 2013 to 2023
(in billion U.S. dollars)
This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.
The values have been rounded to provide a better understanding of the statistic.
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WTO, & Statista. (April 10, 2024). Singapore: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/379451/trade-balance-of-singapore/
WTO, und Statista. "Singapore: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/379451/trade-balance-of-singapore/
WTO, Statista. (2024). Singapore: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/379451/trade-balance-of-singapore/
WTO, and Statista. "Singapore: Trade Balance of Goods from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/379451/trade-balance-of-singapore/
WTO & Statista, Singapore: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/379451/trade-balance-of-singapore/ (last visited November 09, 2024)
Singapore: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/379451/trade-balance-of-singapore/