Singapore Balance of Trade
Purchase of intermediate goods and exportation of high-value-added products are the two mainstays of the Singapore economy. Machinery and equipment account for 43% of overall exports, followed by petroleum (19%) and chemicals (13%) are the most important exports in the country. Machinery and equipment account for 39% of total imports, followed by petroleum (33%), chemical goods (7%), and miscellaneous manufactured articles (7%), which are Singapore's primary imports. The countries with the largest trade deficits in 2017 were China, Hong Kong, Malaysia, Indonesia, and the United States. Singapore had no surpluses with any of the countries with whom it did business.
A higher than expected figure should be seen as positive (bullish) for the SGD while a lower than expected figure should be seen as negative (bearish) for the SGD.
Forex Sentiment (SGD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDSGD |
|
|
1.2967 +125 pips |
1.3010 -168 pips |
1.28423 | |
| SGDJPY |
|
|
114.6408 +21 pips |
115.1670 -73 pips |
114.432 | |
| AUDSGD |
|
|
0.8866 +469 pips |
0.8825 -428 pips |
0.83975 | |
| CHFSGD |
|
|
1.5653 -383 pips |
1.6008 +28 pips |
1.60364 | |
| EURSGD |
|
|
1.4608 -397 pips |
1.5015 -10 pips |
1.50052 | |
| GBPSGD |
|
|
1.7273 -33 pips |
1.7419 -113 pips |
1.73059 |
News (SGD)
Singapore Q2 GDP Climbs 4.4% On Year
Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.
RTTNews | 17 days ago
Singapore Private Sector PMI Improves To 52.7 - S&P Global
The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.
RTTNews | 24 days ago
Singapore Central Bank Maintains Monetary Policy
Singapore central bank maintained its monetary policy on Wednesday after easing twice this year, as there are risks to growth from renewed trade conflicts and geopolitical shocks. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
RTTNews | 30 days ago
