Net trade in goods and services in Singapore 2012-2021
In 2021, the net trade in goods and services in Singapore increased by 15 billion U.S. dollars (+13.7 percent) since 2020. With 124.5 billion U.S. dollars, the net trade thereby reached its highest value in the observed period.
Net trade in goods and services is calculated from the difference between imports and exports of goods and services. This comprises of all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world.
Find more statistics on other topics about Singapore with key insights such as charges for the use of intellectual property, gross savings as a share of the GDP, and gross capital formation.
Net trade in goods and services is calculated from the difference between imports and exports of goods and services. This comprises of all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world.
Find more statistics on other topics about Singapore with key insights such as charges for the use of intellectual property, gross savings as a share of the GDP, and gross capital formation.
