Insights for Singapore

MoM insights: 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).

YoY insights: 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).