Insights for Singapore

MoM insights: 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).

YoY insights: 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).