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Services trade balance of Singapore in 2023, by leading trading partners (in billion Singapore dollars)

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Sources

Release date

May 2025

Region

Singapore

Survey time period

2023

Supplementary notes

One Singapore dollar equals approximately 0.78 U.S. dollars or 0.68 euros as of June 2025.

Citation formats

Services trade balance Singapore 2023, by leading trading partners

Published by Zeynep Dierks, Jun 26, 2025

In 2023, Singapore had a services trade deficit with the United States of almost **** billion Singapore dollars, indicating that it imports more services from the United States than it exports to it. On the other hand, Singapore had a surplus of close to **** billion Singapore dollars with trade in services with Australia in that year.

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Topics

Singapore- U.S. trade relationsTrade in SingaporeManufacturing sector in SingaporeForeign direct investment (FDI) into SingaporeMalaysia-U.S. trade relations
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