Balance of trade · Singapore
Singapore Non-Oil Exports YoY
The Singapore Non-Oil Exports YoY shows the difference between the value of goods (and sometimes services) that Singapore sells abroad and what it buys from abroad, or the growth of exports and imports.
- Wichtigkeit
- Low
- Veröffentlicht
- Monthly
- Nächste Veröffentlichung
- Währung
- SGD · Singapore dollar
- Zentralbank
- The Monetary Authority of Singapore
Neueste Zahlen
Die letzte Veröffentlichung, für SEP, erschien am 2026-10-16 und lag bei 68.4%. Das liegt über dem Konsens von 33.8%. Das ist mehr als 46.1% beim letzten Mal (revidiert).
A larger surplus (or smaller deficit) than expected tends to support the Singapore dollar.
In den letzten 12 Veröffentlichungen lag der Wert zwischen 4.0% und 68.4%, im Schnitt 24.2%. Der Wert ist drei Veröffentlichungen in Folge gestiegen.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 16 Oct 2026 | SEP | 68.4% | 33.8% | 46.1% ® |
| 17 Sep 2026 | AUG | 46.2% | 35% | 24.1% ® |
| 17 Aug 2026 | JUL | 24.2% | – | 20.8% ® |
| 17 Jul 2026 | JUN | 20.7% | 30.2% | 38.4% |
| 17 Jun 2026 | MAY | 38.4% | 30.0% | 24.4% ® |
| 18 May 2026 | APR | 24.5% | – | 15.3% |
| 17 Apr 2026 | MAR | 15.3% | – | 4% |
| 17 Mar 2026 | FEB | 4% | 4.9% | 9.2% ® |
| 16 Feb 2026 | JAN | 9.3% | 13.5% | 6.1% |
| 16 Jan 2026 | DEC | 6.1% | 10% | 11.5% ® |
| 17 Dec 2025 | NOV | 11.6% | – | 21.7% ® |
| 17 Nov 2025 | OCT | 22.2% | – | 7% ® |
Warum es wichtig ist
Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Singapore dollar; strong imports signal domestic demand. China's figures are read as a gauge of world demand.
So wird gerechnet
Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.
Trade balance = exports − importsWas Veränderungen bedeuten
- Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
- Exchange-rate moves take months to affect trade volumes (the J-curve).
Höher als erwartet: A larger surplus (or smaller deficit) than expected tends to support the Singapore dollar.
Niedriger als erwartet: A smaller surplus (or larger deficit) than expected tends to weigh on the Singapore dollar.
Eine kurze Geschichte
Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.
MAS steers the Singapore dollar's exchange rate rather than an interest rate.
Fragen
What is the Singapore Non-Oil Exports YoY?
The Singapore Non-Oil Exports YoY shows the difference between the value of goods (and sometimes services) that Singapore sells abroad and what it buys from abroad, or the growth of exports and imports.
What was the latest Singapore Non-Oil Exports YoY?
68.4% for SEP, published on 16 October 2026 (consensus 33.8%, previous 46.1%).
When is the next Singapore Non-Oil Exports YoY?
On Tuesday 17 November 2026 at 00:30 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.