Merchandise trade in Singapore
Singapore: Merchandise trade was 177.6% in 2025. ▼ Falling
Merchandise trade in Singapore, 1960–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Singapore recorded 177.6% for merchandise trade in 2025.
That represents a change of up 5.5% on the previous year and down 15.7% over ten years.
Over the whole period, merchandise trade in Singapore peaked at 364.7% in 1980 and was at its lowest, 168.3%, in 2024.
Singapore ranks 6th of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 66 years of available data.
Merchandise trade in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 350.3% | — |
| 1961 | 310.7% | -11.3% |
| 1962 | 294.7% | -5.2% |
| 1963 | 276.0% | -6.3% |
| 1964 | 228.5% | -17.2% |
| 1965 | 228.2% | -0.1% |
| 1966 | 221.6% | -2.9% |
| 1967 | 208.3% | -6.0% |
| 1968 | 205.6% | -1.3% |
| 1969 | 216.2% | +5.1% |
| 1970 | 209.1% | -3.3% |
| 1971 | 203.2% | -2.8% |
| 1972 | 205.2% | +1.0% |
| 1973 | 237.5% | +15.8% |
| 1974 | 271.8% | +14.4% |
| 1975 | 239.8% | -11.8% |
| 1976 | 247.4% | +3.2% |
| 1977 | 282.7% | +14.3% |
| 1978 | 308.6% | +9.1% |
| 1979 | 342.9% | +11.1% |
| 1980 | 364.7% | +6.4% |
| 1981 | 342.4% | -6.1% |
| 1982 | 304.4% | -11.1% |
| 1983 | 281.1% | -7.6% |
| 1984 | 267.0% | -5.0% |
| 1985 | 256.3% | -4.0% |
| 1986 | 258.3% | +0.8% |
| 1987 | 292.8% | +13.4% |
| 1988 | 327.8% | +12.0% |
| 1989 | 309.6% | -5.6% |
| 1990 | 314.4% | +1.5% |
| 1991 | 275.5% | -12.4% |
| 1992 | 260.2% | -5.6% |
| 1993 | 262.8% | +1.0% |
| 1994 | 270.7% | +3.0% |
| 1995 | 276.5% | +2.1% |
| 1996 | 266.2% | -3.7% |
| 1997 | 257.1% | -3.4% |
| 1998 | 246.9% | -4.0% |
| 1999 | 261.6% | +6.0% |
| 2000 | 283.5% | +8.4% |
| 2001 | 264.8% | -6.6% |
| 2002 | 261.1% | -1.4% |
| 2003 | 303.3% | +16.1% |
| 2004 | 323.6% | +6.7% |
| 2005 | 336.2% | +3.9% |
| 2006 | 343.5% | +2.2% |
| 2007 | 310.9% | -9.5% |
| 2008 | 339.8% | +9.3% |
| 2009 | 265.6% | -21.8% |
| 2010 | 276.3% | +4.0% |
| 2011 | 277.5% | +0.4% |
| 2012 | 267.1% | -3.8% |
| 2013 | 254.7% | -4.6% |
| 2014 | 251.9% | -1.1% |
| 2015 | 210.6% | -16.4% |
| 2016 | 191.4% | -9.1% |
| 2017 | 203.4% | +6.3% |
| 2018 | 207.4% | +1.9% |
| 2019 | 199.0% | -4.0% |
| 2020 | 197.1% | -1.0% |
| 2021 | 195.8% | -0.7% |
| 2022 | 192.8% | -1.5% |
| 2023 | 176.0% | -8.7% |
| 2024 | 168.3% | -4.4% |
| 2025 | 177.6% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 254.0% | 205.6% | 350.3% | 10 |
| 1970s | 254.8% | 203.2% | 342.9% | 10 |
| 1980s | 300.4% | 256.3% | 364.7% | 10 |
| 1990s | 269.2% | 246.9% | 314.4% | 10 |
| 2000s | 303.2% | 261.1% | 343.5% | 10 |
| 2010s | 233.9% | 191.4% | 277.5% | 10 |
| 2020s | 184.6% | 168.3% | 197.1% | 6 |
Countries ranked near Singapore
More private sector data for Singapore
- Food imports 3.7% (2024)
- Manufactures imports 70.9% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Food exports 2.8% (2024)
- Manufactures exports 74.5% (2024)
- Merchandise exports 566.87 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.11 % change on previous year (2025)
- Merchandise imports (current US$), per capita 82,773 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Singapore?
- Merchandise trade in Singapore was 177.6% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Singapore?
- The highest recorded value was 364.7% in 1980.
- What is the lowest merchandise trade recorded in Singapore?
- The lowest recorded value was 168.3% in 2024.
- How does Singapore rank for merchandise trade?
- Singapore ranks 6th out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Singapore?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.