Data Insights

In summary, Singapore's trade values for March 2026 showed a robust increase in both imports and exports. Total exports reached 82.32B SGD, reflecting a significant increase of 24.05B SGD (41.28% change) year-on-year, while imports totaled 72.33B SGD, with an increase of 18.97B SGD (35.54% change). Month-on-month, exports increased by 22.46B SGD (37.52% change) and imports by 18.26B SGD (33.76% change). The trade flow indicates a strong recovery and growth in international commerce, likely influenced by recent trade agreements and collaborations in the green economy.

In March 2026, Singapore's trade values showed significant month-on-month changes. For imports, the highest increases were seen with 'Other Asia, nes' at 16B SGD (6.44B SGD increase, 67.4% change), followed by China at 7.26B SGD (1.54B SGD increase, 26.98% change), and Malaysia at 6.5B SGD (1.33B SGD increase, 25.73% change). Conversely, the lowest values were recorded for Australia at 1.02B SGD (-152M SGD decrease, -12.96% change), Qatar at 373M SGD (-67M SGD decrease, -15.23% change), and the Rest of America at 93M SGD (-61M SGD decrease, -39.61% change). For exports, the top increases were with 'Other Asia, nes' at 12.98B SGD (6.49B SGD increase, 99.98% change), Hong Kong at 9.68B SGD (3.49B SGD increase, 56.35% change), and China at 8.38B SGD (3.3B SGD increase, 65.16% change). The lowest decreases were seen with Australia at 1.9B SGD (-729M SGD decrease, -27.72% change), the United Arab Emirates at 263M SGD (-361M SGD decrease, -57.85% change), and Belgium at 343M SGD (-142M SGD decrease, -29.28% change). Overall, total exports reached 82.32B SGD (22.46B SGD increase, 37.52% change) while imports totaled 72.33B SGD (18.26B SGD increase, 33.76% change).

Year-on-year analysis for March 2026 revealed notable changes in trade values. For imports, the highest increases were recorded with 'Other Asia, nes' at 16B SGD (7.43B SGD increase, 86.79% change), Vietnam at 2.56B SGD (1.52B SGD increase, 145.67% change), and Switzerland at 1.9B SGD (1.28B SGD increase, 202.86% change). The lowest decreases were seen with Qatar at 373M SGD (-413M SGD decrease, -52.54% change), France at 1.52B SGD (-221M SGD decrease, -12.72% change), and Belgium at 105M SGD (-190M SGD decrease, -64.41% change). For exports, the top increases were with 'Other Asia, nes' at 12.98B SGD (8.62B SGD increase, 197.84% change), Thailand at 5.64B SGD (3.59B SGD increase, 175.95% change), and Hong Kong at 9.68B SGD (3.06B SGD increase, 46.30% change). The lowest decreases were recorded with Indonesia at 3.43B SGD (-1.6B SGD decrease, -31.76% change), the United Arab Emirates at 263M SGD (-275M SGD decrease, -51.12% change), and the United Kingdom at 462M SGD (-99M SGD decrease, -17.65% change). Overall, total exports reached 82.32B SGD (24.05B SGD increase, 41.28% change) while imports totaled 72.33B SGD (18.97B SGD increase, 35.54% change).

Overall, Singapore's trade values in March 2026 showed a robust increase in both imports and exports. Total exports reached 65.32B SGD, reflecting a significant increase of 19.48B SGD (42.50% change) from the previous month, while imports totaled 55.35B SGD, up by 15.89B SGD (40.25% change). Year-on-year, total exports increased by 20.25B SGD (44.94% change), and imports rose by 14.91B SGD (36.87% change). This indicates a strong recovery and growth in trade activities, particularly in the electrical machinery and office equipment sectors.

In March 2026, Singapore's trade values showed significant month-on-month changes across various product categories. For imports, the top three categories with the highest trade values were Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 20.45B SGD, Petroleum & Products & Related Materials at 9.96B SGD, and Office Machines & Automatic Data-Processing Machines at 8.72B SGD. These categories experienced substantial increases, with Electrical Machinery showing a 5.79B SGD increase (39.49% change), Petroleum products rising by 3.74B SGD (60.09% change), and Office Machines increasing by 2.88B SGD (49.41% change). Conversely, the lowest performing imports included Plastics In Primary Forms at 292.14M SGD, which decreased by 40.61M SGD (-12.20% change), Crude Fertilizers & Minerals at 82.98M SGD with a drop of 24.12M SGD (-22.52% change), and Articles Of Apparel & Clothing Accessories at 212.5M SGD, down by 14.15M SGD (-6.24% change). For exports, the highest trade values were seen in Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 25.96B SGD, Office Machines & Automatic Data-Processing Machines at 12.78B SGD, and Petroleum & Products & Related Materials at 7.01B SGD. The increases were notable, with Electrical Machinery rising by 8.35B SGD (47.43% change), Office Machines by 5.8B SGD (82.99% change), and Petroleum products by 2.69B SGD (62.37% change). The lowest performing exports included Oil Bunkers at 2.74B SGD, which decreased by 338.9M SGD (-10.99% change), Crude Fertilizers & Minerals at 24.53M SGD with a drop of 4.7M SGD (-16.07% change), and Coal, Coke & Briquettes at 11K SGD, down by 6K SGD (-35.29% change).

Year-on-year analysis for March 2026 revealed significant changes in trade values for Singapore. In imports, the top three categories were Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 20.45B SGD, which increased by 5.86B SGD (40.15% change), Office Machines & Automatic Data-Processing Machines at 8.72B SGD, up by 4.42B SGD (102.53% change), and Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment at 3.81B SGD, which rose by 1.6B SGD (72.11% change). The lowest performing imports included Plastics In Primary Forms at 292.14M SGD, which decreased by 89.8M SGD (-23.51% change), Gas at 662.1M SGD with a drop of 51.07M SGD (-7.16% change), and Iron & Steel at 410.37M SGD, down by 51.02M SGD (-11.06% change). For exports, the top categories were Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 25.96B SGD, which increased by 8.79B SGD (51.16% change), Office Machines & Automatic Data-Processing Machines at 12.78B SGD, up by 8.73B SGD (215.28% change), and Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment at 4.11B SGD, which rose by 1.54B SGD (60.15% change). The lowest performing exports included Organic Chemicals at 1.02B SGD, which decreased by 178.73M SGD (-14.89% change), Plastics In Primary Forms at 966.72M SGD with a drop of 147.74M SGD (-13.26% change), and Gas at 9.9M SGD, down by 107.34M SGD (-91.56% change).

Overall, Singapore's trade values in 202602 showed a significant decline in both imports and exports month-on-month, with imports decreasing by 7.6B SGD and exports by 15.66B SGD. Year-on-year, however, both imports and exports experienced growth, with imports increasing by 3.9B SGD and exports by 4.81B SGD. The total trade flow indicates a complex scenario where short-term declines contrast with longer-term growth trends.

In the month-on-month analysis, imports saw a significant decline with a total trade value of 39.49B SGD, down by 7.6B SGD, which is a decrease of approximately 16.14%. The top three highest imports were Gas (501.71M SGD, +106.43M SGD, +26.92%), Photographic Apparatus Equipment & Supplies & Optical Goods Nes; Watches & Clocks (448.15M SGD, +45.91M SGD, +11.41%), and Coal, Coke & Briquettes (5.59M SGD, +2.28M SGD, +68.78%). Conversely, the bottom three imports were Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof (14.83B SGD, -2.66B SGD, -15.19%), Petroleum & Products & Related Materials (6.21B SGD, -1.95B SGD, -23.89%), and Office Machines & Automatic Data-Processing Machines (5.69B SGD, -855.86M SGD, -13.07%). Exports also experienced a notable decline, totaling 45.85B SGD, down by 15.66B SGD, which is a decrease of 25.46%. The top three highest exports were Miscellaneous Manufactured Articles Nes (2.46B SGD, +142.21M SGD, +6.15%), Oil Bunkers (3.08B SGD, +39.61M SGD, +1.30%), and Medicinal & Pharmaceutical Products (940.85M SGD, +18.56M SGD, +2.01%). The bottom three exports were Office Machines & Automatic Data-Processing Machines (6.99B SGD, -6.28B SGD, -47.36%), Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof (17.61B SGD, -6.22B SGD, -26.11%), and Petroleum & Products & Related Materials (4.32B SGD, -1.33B SGD, -23.52%).

In the year-on-year analysis, imports totaled 39.49B SGD, reflecting an increase of 3.9B SGD, which is a growth of approximately 10.95%. The top three highest imports were Office Machines & Automatic Data-Processing Machines (5.69B SGD, +2.87B SGD, +101.61%), Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof (14.83B SGD, +1.89B SGD, +14.61%), and Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment (2.8B SGD, +1.06B SGD, +61.17%). The bottom three imports were Petroleum & Products & Related Materials (6.21B SGD, -2.1B SGD, -25.27%), Metalliferous Ores & Metal Scrap (50.01M SGD, -143.84M SGD, -741.99%), and Medicinal & Pharmaceutical Products (543.48M SGD, -140.34M SGD, -20.52%). Exports totaled 45.85B SGD, with an increase of 4.81B SGD, which is a growth of 11.71%. The top three highest exports were Office Machines & Automatic Data-Processing Machines (6.99B SGD, +4.23B SGD, +153.69%), Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof (17.61B SGD, +1.78B SGD, +11.26%), and Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment (3.35B SGD, +1.14B SGD, +51.43%). The bottom three exports were Petroleum & Products & Related Materials (4.32B SGD, -1.26B SGD, -22.61%), Plastics In Primary Forms (804.54M SGD, -342.24M SGD, -29.84%), and Professional Scientific & Controlling Instruments & Apparatus Nes (1.73B SGD, -231.89M SGD, -11.80%).

Overall, Singapore's trade values showed a mixed performance in the analyzed period. Month-on-month, total imports decreased significantly by 9.21B SGD, while exports fell by 17.56B SGD. Year-on-year, however, imports increased by 7.7B SGD, and exports rose by 5.96B SGD, indicating a recovery trend compared to the previous year. The total trade flow reflects a complex landscape influenced by various international trade dynamics.

In the month-on-month analysis, Singapore's imports totaled 54.1B SGD, reflecting a significant decrease of 9.21B SGD, which corresponds to a -14.55% change. The top three countries contributing to this decline were China with a drop of 1.72B SGD, Malaysia with a decrease of 827M SGD, and Thailand with a reduction of 784M SGD. Conversely, the highest increases in imports were from Switzerland, which rose by 957M SGD, the United Arab Emirates with an increase of 291M SGD, and Japan with a growth of 192M SGD. For exports, the total was 59.86B SGD, down by 17.56B SGD, a -22.68% change. The largest decreases came from Other Asia, nes with a drop of 4.72B SGD, China with a reduction of 2.37B SGD, and Hong Kong with a decline of 1.96B SGD. The top increases in exports were from Australia, which rose by 719M SGD, Cambodia with an increase of 635M SGD, and Liberia with a growth of 91M SGD.

In the year-on-year analysis, imports totaled 54.1B SGD, showing an increase of 7.7B SGD, which is a 16.60% change. The top contributors to this growth were Other Asia, nes with an increase of 3.46B SGD, Switzerland with a rise of 1.33B SGD, and Vietnam with a growth of 977M SGD. The lowest changes were seen in Malaysia, which decreased by 575M SGD, Indonesia with a drop of 378M SGD, and Brazil with a reduction of 338M SGD. For exports, the total was 59.86B SGD, reflecting a growth of 5.96B SGD, a 11.05% change. The highest increases were from Other Asia, nes with a rise of 3.05B SGD, Thailand with an increase of 1.97B SGD, and Cambodia with a growth of 1.15B SGD. The lowest changes were in Indonesia, which decreased by 788M SGD, the United States with a drop of 661M SGD, and China with a reduction of 473M SGD.

Overall, Singapore's trade values in 202601 showed a robust increase in exports, totaling 61.51B SGD with a month-on-month increase of 9.48B SGD (18.23%) and a year-on-year increase of 15.69B SGD (34.26%). Imports totaled 47.1B SGD, with a slight month-on-month decrease of 7.01M SGD (-0.01%) but a year-on-year increase of 4.26B SGD (9.94%). The trade balance indicates a strong export performance compared to imports, highlighting a positive trade flow for Singapore.

In the month-on-month analysis, imports saw a significant increase in the trade value of Petroleum & Products & Related Materials, which rose by 1.36B SGD (20.02%). Office Machines & Automatic Data-Processing Machines also increased by 228.62M SGD (3.62%). Organic Chemicals experienced a notable rise of 208.94M SGD (30.28%). On the other hand, the imports of Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof decreased by 650.04M SGD (-3.58%), while Miscellaneous Manufactured Articles Nes and Professional Scientific & Controlling Instruments & Apparatus Nes saw declines of 299.24M SGD (-12.38%) and 244.28M SGD (-15.73%) respectively. For exports, Office Machines & Automatic Data-Processing Machines led with a remarkable increase of 6.22B SGD (88.24%). Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof followed with a rise of 3.45B SGD (16.93%). Organic Chemicals also increased by 517.24M SGD (70.41%). Conversely, Professional Scientific & Controlling Instruments & Apparatus Nes saw a decline of 532.16M SGD (-20.99%), Miscellaneous Manufactured Articles Nes decreased by 286.34M SGD (-11.04%), and Petroleum & Products & Related Materials fell by 196.05M SGD (-3.34%).

In the year-on-year analysis, imports of Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof increased by 2.09B SGD (13.56%), while Office Machines & Automatic Data-Processing Machines rose by 1.18B SGD (22.10%). Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment also saw a significant increase of 661.01M SGD (27.67%). On the downside, imports of Petroleum & Products & Related Materials decreased by 998.37M SGD (-10.90%), Gas fell by 226.3M SGD (-36.41%), and Medicinal & Pharmaceutical Products dropped by 168.7M SGD (-22.62%). For exports, Office Machines & Automatic Data-Processing Machines experienced a substantial increase of 8.13B SGD (158.15%). Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof rose by 6.03B SGD (33.90%). Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment also increased by 1.52B SGD (64.93%). However, exports of Petroleum & Products & Related Materials decreased by 952.25M SGD (-14.44%), Medicinal & Pharmaceutical Products fell by 198.62M SGD (-17.77%), and Plastics In Primary Forms dropped by 177.28M SGD (-16.52%).

Overall, Singapore's trade values showed a mixed performance. Total exports reached 77.48B SGD, with a significant month-on-month increase of 11.04B SGD (16.62%) and a year-on-year increase of 18.09B SGD (30.46%). Imports totaled 63.33B SGD, experiencing a slight month-on-month decrease of 698M SGD (-1.09%) but a year-on-year increase of 9.04B SGD (16.65%). The trade balance indicates a robust export performance compared to imports, highlighting a strong trade surplus.

In the month-on-month analysis, imports from 'Other Asia, nes' saw the highest increase with a trade value of 12.83B SGD, reflecting a significant value change of 924M SGD (7.76%). Australia followed with 1.37B SGD, increasing by 761M SGD (124.55%). Thailand also showed a notable increase with 2.29B SGD, up by 516M SGD (29.05%). On the lower end, imports from Cambodia dropped to 54M SGD, down by 466M SGD (-89.62%). Hong Kong's imports decreased to 882M SGD, down by 441M SGD (-33.33%). Japan's imports fell to 2.88B SGD, down by 417M SGD (-12.63%). For exports, 'Other Asia, nes' led with 11.23B SGD, increasing by 5.12B SGD (83.70%). Thailand's exports reached 6.17B SGD, up by 3.45B SGD (126.46%). Mexico's exports were 2.36B SGD, increasing by 2.03B SGD (616.72%). Conversely, exports to the United Kingdom fell to 933M SGD, down by 1.25B SGD (-57.20%). The United States saw a decrease to 5.86B SGD, down by 696M SGD (-10.62%). Exports to Malaysia dropped to 6.07B SGD, down by 572M SGD (-8.61%).

In the year-on-year analysis, imports from 'Other Asia, nes' increased to 12.83B SGD, with a value change of 2.56B SGD (24.99%). The United States also saw a rise to 6.57B SGD, up by 1.34B SGD (25.76%). Thailand's imports reached 2.29B SGD, increasing by 1.15B SGD (101.23%). On the downside, imports from Malaysia fell to 5.99B SGD, down by 455M SGD (-7.06%). Brazil's imports decreased to 662M SGD, down by 208M SGD (-23.91%). Ireland's imports dropped to 132M SGD, down by 195M SGD (-59.63%). For exports, 'Other Asia, nes' again led with 11.23B SGD, increasing by 6.45B SGD (134.95%). Thailand's exports reached 6.17B SGD, up by 4.11B SGD (200.00%). Mexico's exports were 2.36B SGD, increasing by 2.15B SGD (1033.65%). On the lower end, exports to Malaysia fell to 6.07B SGD, down by 669M SGD (-9.93%). Indonesia's exports decreased to 4.06B SGD, down by 475M SGD (-10.46%). Switzerland's exports dropped to 244M SGD, down by 265M SGD (-52.06%).

Overall, Singapore's trade values showed a positive trend in both month-on-month and year-on-year analyses. Total imports increased to 47.11B SGD, up 5.58B SGD (13.43%) MoM and 3.43B SGD (7.86%) YoY. Exports also rose to 52.02B SGD, with a MoM increase of 332.46M SGD (0.64%) and a YoY increase of 6.52B SGD (14.35%). The trade flow indicates a healthy balance, with exports consistently outpacing imports, reflecting a robust economic outlook despite some declines in specific product categories.

In the month-on-month analysis, imports saw a significant increase, with the total trade value rising to 47.11B SGD, reflecting a 5.58B SGD increase (13.43%). The top three products contributing to this growth were Office Machines & Automatic Data-Processing Machines (6.32B SGD, +2.88B SGD, +83.92%), Electrical Machinery Apparatus & Appliances (18.15B SGD, +1.16B SGD, +6.82%), and Miscellaneous Manufactured Articles (2.42B SGD, +735.67M SGD, +43.76%). Conversely, the bottom three products were Medicinal & Pharmaceutical Products (545.48M SGD, -152.49M SGD, -21.85%), Photographic Apparatus Equipment (485.31M SGD, -42.88M SGD, -8.06%), and Professional Scientific Instruments (1.55B SGD, -27.92M SGD, -1.76%). Exports experienced a modest increase, totaling 52.02B SGD, with a slight rise of 332.46M SGD (0.64%). The leading products were Office Machines & Automatic Data-Processing Machines (7.05B SGD, +967.76M SGD, +15.99%), Petroleum & Products (5.84B SGD, +870.01M SGD, +17.51%), and Telecommunications Equipment (4.09B SGD, +726.69M SGD, +21.58%). The bottom performers included Organic Chemicals (734.64M SGD, -3.29B SGD, -81.74%), Oil Bunkers (2.76B SGD, -123.6M SGD, -4.29%), and Non-Metallic Mineral Manufactures (174.01M SGD, -24.82M SGD, -12.48%).

In the year-on-year analysis, imports totaled 47.11B SGD, reflecting a 3.43B SGD increase (7.86%). The top three products were Office Machines & Automatic Data-Processing Machines (6.32B SGD, +2.61B SGD, +70.18%), Electrical Machinery Apparatus & Appliances (18.15B SGD, +1.22B SGD, +7.19%), and Miscellaneous Manufactured Articles (2.42B SGD, +743.27M SGD, +44.41%). The bottom three were Petroleum & Products (6.8B SGD, -2.37B SGD, -25.87%), Medicinal & Pharmaceutical Products (545.48M SGD, -336.02M SGD, -38.12%), and Gas (514.24M SGD, -173.62M SGD, -25.29%). Exports reached 52.02B SGD, with a notable increase of 6.52B SGD (14.35%). The leading products were Office Machines & Automatic Data-Processing Machines (7.05B SGD, +3.71B SGD, +111.10%), Telecommunications Equipment (4.09B SGD, +1.91B SGD, +87.03%), and Miscellaneous Manufactured Articles (2.6B SGD, +828.54M SGD, +46.76%). The bottom performers included Organic Chemicals (734.64M SGD, -401.25M SGD, -35.32%), Plastics In Primary Forms (972.05M SGD, -211.78M SGD, -17.89%), and Oil Bunkers (2.76B SGD, -167.48M SGD, -5.73%).

Overall, Singapore's trade values show a mixed performance in both month-on-month and year-on-year analyses. Total imports reached 64.03B SGD, with a month-on-month increase of 8.5B SGD (15.30% increase) and a year-on-year increase of 7.94B SGD (14.16% increase). Total exports amounted to 66.44B SGD, with a month-on-month increase of 2.38B SGD (3.71% increase) and a year-on-year increase of 6.36B SGD (10.58% increase). The trade flow indicates a robust import growth, particularly from regions like 'Other Asia, nes', while exports showed some declines in specific markets like China and the United States.

For the month-on-month analysis, imports from 'Other Asia, nes' saw the highest increase with a trade value of 11.9B SGD, reflecting a significant value change of 3.77B SGD (46.40% increase). Following closely, imports from Hong Kong increased to 1.32B SGD, with a value change of 883M SGD (200.68% increase). South Korea also contributed positively with imports rising to 4.22B SGD, a change of 798M SGD (23.31% increase). On the lower end, imports from the Philippines decreased to 644M SGD, with a value change of -832M SGD (-56.37% decrease). Switzerland's imports fell to 902M SGD, down by 717M SGD (-44.29% decrease). The United Arab Emirates also saw a decline, with imports at 1.47B SGD, a drop of 420M SGD (-22.19% decrease). For exports, China led with a trade value of 7.83B SGD, increasing by 1.59B SGD (25.55% increase). The United Kingdom followed with exports of 2.18B SGD, up by 1.49B SGD (215.03% increase). Hong Kong's exports reached 7.78B SGD, with a value change of 961M SGD (14.09% increase). Conversely, exports to Thailand decreased to 2.72B SGD, down by 1.8B SGD (-39.71% decrease). The United States saw a decline in exports to 6.55B SGD, with a drop of 1.29B SGD (-16.42% decrease). Belgium's exports were also down to 163M SGD, a decrease of 373M SGD (-69.59% decrease).

In the year-on-year analysis, imports from 'Other Asia, nes' increased to 11.9B SGD, with a value change of 2.98B SGD (33.46% increase). Vietnam's imports rose to 1.67B SGD, up by 888M SGD (113.70% increase). Hong Kong's imports also increased to 1.32B SGD, with a change of 554M SGD (72.04% increase). On the downside, imports from Malaysia decreased to 6.11B SGD, down by 460M SGD (-7.00% decrease). Ireland's imports fell to 91M SGD, a drop of 358M SGD (-79.73% decrease). Iraq's imports also saw a decline to 110M SGD, down by 349M SGD (-76.03% decrease). For exports, 'Other Asia, nes' led with a trade value of 6.12B SGD, increasing by 2.01B SGD (48.86% increase). The United Kingdom's exports rose to 2.18B SGD, with a value change of 1.59B SGD (271.38% increase). The United States also saw an increase in exports to 6.55B SGD, up by 1.06B SGD (19.28% increase). However, exports to China decreased to 7.83B SGD, down by 850M SGD (-9.79% decrease). Mexico's exports fell to 329M SGD, a drop of 573M SGD (-63.53% decrease). Japan's exports also decreased to 1.85B SGD, down by 361M SGD (-16.35% decrease).

Overall, Singapore's trade flow showed a decline in both imports and exports month-on-month, with total exports decreasing by 5.99B to 64.09B (8.55%) and total imports decreasing by 6.56B to 55.57B (10.55%). Year-on-year, however, total exports increased by 5.82B to 64.09B (9.99%) while imports rose by 3.82B to 55.57B (7.38%). The analysis indicates a mixed performance in trade flows, with certain countries showing significant growth while others faced declines.

In the month-on-month analysis, imports from the Philippines saw the highest increase with a trade value of 1.48B, reflecting a significant value change of 986M, which is a 2.01% increase. Brazil followed with an import value of 1.18B, increasing by 215M (22.23%). Saudi Arabia also showed a notable increase with imports valued at 849M, up by 191M (29.03%). On the other hand, the largest decrease in imports was from Other Asia, nes, which dropped by 3.35B to 8.13B, a decrease of 29.20%. Malaysia's imports fell by 1.03B to 5.6B (15.57%), and China saw a decrease of 673M, bringing its imports down to 6.9B (8.88%). For exports, the United States led with a trade value of 7.84B, increasing by 2.22B (39.40%). Thailand's exports also rose to 4.52B, up by 950M (26.61%). Spain experienced a significant increase in exports, reaching 373M, up by 326M (693.62%). Conversely, Hong Kong's exports decreased by 1.28B to 6.82B (15.77%), China saw a drop of 1.25B to 6.24B (16.70%), and Other Asia, nes fell by 1.15B to 6B (16.01%).

In the year-on-year analysis, imports from the Philippines again showed strong performance with a trade value of 1.48B, increasing by 980M (1.98%). Switzerland also performed well with imports valued at 1.62B, up by 935M (1.37%). Other Asia, nes saw a growth of 756M, bringing its total to 8.13B (10.25%). On the downside, Ireland's imports fell to 164M, down by 330M (66.80%). The United States experienced a slight decrease in imports, valued at 5.73B, down by 261M (4.36%). India also saw a decline with imports at 687M, down by 222M (24.42%). For exports, Other Asia, nes led with a trade value of 6B, increasing by 3.14B (109.83%). Thailand's exports rose to 4.52B, up by 2.72B (151.00%). The United States also saw an increase in exports to 7.84B, up by 2.65B (51.06%). However, China faced a decline in exports, dropping to 6.24B, down by 1.68B (21.24%). Brunei's exports fell to 58M, down by 1.08B (94.92%), and Hong Kong's exports decreased by 652M to 6.82B (8.77%).

Overall, the total trade for Singapore showed a decline in both imports and exports month-on-month, with imports totaling 41.54B (down by 5.44B, -11.59%) and exports at 51.69B (down by 2.01B, -3.75%). Year-on-year, imports increased to 41.54B (up by 1.39B, 3.45%) while exports rose significantly to 51.69B (up by 8.46B, 19.58%). The trade dynamics indicate a robust recovery in exports compared to imports, with notable growth in specific product categories.

In the month-on-month analysis, imports saw significant changes across various product categories. The top three increases were in Professional Scientific & Controlling Instruments & Apparatus Nes with a trade value of 1.58B, reflecting a value change of 104.41M (7.07% increase), followed by Non-Ferrous Metals at 944.7M with a 62.06M increase (7.03%), and Metalliferous Ores & Metal Scrap at 48.26M with an 11.07M increase (29.77%). Conversely, the largest decreases were in Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 16.99B, which dropped by 2.53B (-12.97%), followed by Office Machines & Automatic Data-Processing Machines at 3.44B with a decrease of 766.43M (-18.24%), and Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment at 3.03B, down by 706.43M (-18.91%). Exports experienced a remarkable increase in Organic Chemicals, which surged to 4.02B with a value change of 3.2B (386.31%), followed by Miscellaneous Manufactured Articles Nes at 2.52B with a 257.88M increase (11.38%), and Beverages at 329.29M with a 24.38M increase (7.99%). The largest declines in exports were seen in Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment at 3.37B, down by 1.27B (-27.34%), Petroleum & Products & Related Materials at 4.97B with a decrease of 1.25B (-20.10%), and Office Machines & Automatic Data-Processing Machines at 6.08B, down by 1.14B (-15.75%).

In the year-on-year analysis, imports showed a positive trend with Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof leading at 16.99B, reflecting a value change of 3.39B (24.89%), followed by Telecommunications & Sound-Recording & Reproducing Apparatus & Equipment at 3.03B with an increase of 508.31M (20.17%), and Non-Ferrous Metals at 944.7M with a substantial increase of 457.9M (94.06%). The largest declines were in Petroleum & Products & Related Materials at 6.81B, which fell by 1.82B (-21.12%), Miscellaneous Manufactured Articles Nes at 1.68B with a decrease of 617.2M (-26.85%), and Office Machines & Automatic Data-Processing Machines at 3.44B, down by 464.22M (-11.90%). Exports also showed strong growth, with Office Machines & Automatic Data-Processing Machines at 6.08B, increasing by 3.27B (116.50%), followed by Organic Chemicals at 4.02B with a value change of 2.9B (257.05%), and Electrical Machinery Apparatus & Appliances Nes & Electrical Parts Thereof at 19.93B, up by 2.37B (13.51%). The largest declines in exports were in Petroleum & Products & Related Materials at 4.97B, down by 648.12M (-11.54%), Plastics In Primary Forms at 897.38M with a decrease of 280.35M (-23.80%), and Oil Bunkers at 2.88B, down by 270.76M (-8.59%).