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Glossary

1. Legal Authority

Importers and exporters are required to furnish declarations in Singapore in accordance with the Regulation of Imports and Exports Act, 1995, in respect of goods brought into or taken out of Singapore.

2. Source of Data

With effect from 1 April 2003, the statistics are compiled from Singapore import and export declarations which are approved by the Director-General of Singapore Customs, Singapore, except for the following:

a. Postal packages which are based on particulars furnished by the Singapore Post Pte Ltd and

b. Bunkers and stores supplied to non-Singapore registered aircraft and stores supplied to non-Singapore registered ships are compiled from statements furnished by ships' and aircraft agents.

3. Coverage

  • The "general" system of recording trade statistics is adopted in Singapore. Under this system all goods imported into or exported from Singapore with the exception of goods specified in Paragraph 5 of this section are covered.
  • Ships and aircraft are included in the statistics if they are imported or exported as merchandise purchased or sold by an owner in Singapore whether or not they arrived or departed under their own power. Bunker fuel and stores supplied to ships and aircraft of non-Singapore registration are included in the statistics.
  • The following classes of goods are excluded from the statistics:
  1. transhipment cargo on through bills of lading or through air waybill; fish and other marine produce landed by Singapore and Peninsular Malaysian registered vessels direct from the sea;
  2. goods imported and exported by, or on behalf of, diplomatic service and Armed Forces;
  3. exposed cinematographic films imported or exported on rental basis;
  4. TV news films, news or press materials;
  5. animals and vehicles temporarily brought in or out for races or competitions;
  6. goods temporarily imported or exported solely for exhibition purposes and intended to be returned after the exhibition;
  7. ships and aircraft arriving for or departing after repairs;
  8. containers, cylinders, bottles and the like specified as returnable;
  9. personal and household effects accompanying passengers or crew;
  10. samples, gifts, and specimens for test or analysis; and unaccompanied personal effects not exceeding the value of S$400;
  11. gold bullion and gold coins;
  12. issued currency notes and coins.

4. Period Covered

Statistics are compiled monthly from final declarations received during the external trade account month which ends on the last day of the calendar month.

Trade figures of the last five years and current year are available:

  • Annual
    This option gives yearly figures for three years
  • Cumulative
    This option gives figures from January to the chosen month of three years. For example, if June is chosen, then figures will be generated for January to June of the selected three years.
  • Quarterly
    This option provides data on the previous four quarters from the selected quarter:
    1Q - First Quarter (Jan-Mar)
    2Q - Second Quarter (Apr-Jun)
    3Q - Third Quarter (Jul-Sep)
    4Q - Fourth Quarter (Oct-Dec)
  • Monthly
    This option provides data on the previous twelve months from the selected month
  • Quarter on Quarter
    This option provides data of the same quarter over three years.
  • Month on Month
    This option provides data of the same month over three years.

5. Valuation

  • The values are shown in Singapore dollars.
  • Imports are valued c.i.f., that is, the value of goods at the frontier of the exporting country plus the cost of insurance and freight and any other charges when sold for export to Singapore.
  • Goods on consignment are valued at the current import price for imports and the current export price for exports
  • Goods other than ships and aircraft imported/exported for repair or improvement are recorded at their respective market value and on subsequent re-export/re-import are valued inclusive of the cost of repair or improvement.
  • The value of postal packages is estimated from a probability sample.
  • Unissued currency notes and coins are shown at their intrinsic value as printed paper or stamped metal and not at their face value.

6. Unit of Quantity

Quantities, where shown, represent the net weight, volume or other measurements of the goods exclusive of packing containers. The unit of quantity selected for any particular commodity is that which is considered most appropriate for the type of goods included in that item. Where the commodity items comprising different kinds of commodities for which a common unit of measurement cannot be selected, only values are shown.

The Units of Quantity are as follows:

  • NMB: Number
  • TEN: Unit of One Ten
  • TPR: Unit of One Ten Pairs
  • CEN: Unit of One Hundred
  • MIL: Unit of One Thousand
  • MTR: Metre
  • MTK: Square Metre
  • MTQ: Cubic Metre
  • LTR: Litre
  • KGM: Kilogram
  • TNE: Tonne
  • GWH: Gigawatt-Hour

7. Commodity Classification

Trade statistics by commodity in this volume are published according to the order of the Standard International Trade Classification (SITC - Revision 4) adapted for use in Singapore as opposed to the scheme used for tariff and documentation purposes which is based on Harmonised System (HS).

8. Classification and Arrangement of Countries/Areas

  • Imports are classified according to the country/area of origin, that is, the country/area where the goods are given the final form in which they are imported into Singapore. Exports are classified according to the country/area of destination, that is, the country/area where it is expected that the goods will be consumed insofar as this can be ascertained at the time of export. In the case of goods which are shipped on an optional bill of lading, the country/area of the first port declared is taken as the country/area of destination.
  • In the case of imports/exports of postal packages, the country/area of consignment as stated in airway bills is deemed to be the country/area of origin/destination. Imports of second hand goods are treated as having originated from the country/area of consignment when the country/area of origin is not ascertainable. Destination of bunker fuel and stores supplied to ships or aircraft is determined according to the country/area of registration of the ship or aircraft.
  • For purposes of presentation, countries/areas are classified into continents. Countries/areas with which the trade is significant are shown individually in the tables and countries/areas with which the trade is relatively small are combined and shown as a residual group of their respective continent wherever practical. E.g. OC America, OC Asia, etc.

9. Data Updates & Revisions

The data are provided on an “as is” basis and is subject to updates, as well as revisions, to ensure consistency with international compilation and reporting standards. While every effort is made to ensure that the data is accurate, it is provided by Enterprise Singapore without any representation or warranty. Enterprise Singapore shall not be held responsible for any consequence arising from your reliance on any information provided by us.

10. Trade Types

Total Trade = Imports + Exports
Exports = Domestic Exports + Re-Exports

  • Imports
    All goods brought into Singapore except those specified in Paragraph 5 of the Explanatory Notes irrespective of whether they are for consumption, for processing, for use in manufacturing, or for subsequent re-shipment to other countries/areas.

  • Exports
    All goods taken out of Singapore except those specified in Paragraph 5 of the Explanatory Notes. They comprise Domestic Exports and Re-Exports.

  • Re-exports
    All goods which are exported from Singapore in the same form as they have been imported without any transformation. Re-packing, splitting into lots, sorting or grading, marking and the like are not considered as undergoing this process of transformation.

  • Domestic Exports
    Exports of Singapore origin comprising:

    Primary commodities grown or produced in Singapore

    Goods which have been transformed, that is, manufactured, assembled, or processed in Singapore including those with imported materials or parts.


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    Singapore Trade Statistics