Singapore Trade Balance

SGD
Actual
4.713B
Forecast
6.346B
Previous
6.207B
Latest Release
May 17, 2023
Importance
Overview
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
May 17, 2023 03:00 4.713B 6.346B
6.207B
Apr 17, 2023 02:30 6.166B 5.881B
6.687B
Mar 17, 2023 03:30 6.708B -
6.276B
Feb 17, 2023 03:30 6.303B -
5.510B
Jan 17, 2023 02:30 5.367B -
3.344B
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Singaporean Trade Balance News & Analysis
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    Emerging Markets: Preview Of The Week Ahead

    EM FX was mixed last week but in general held up well in the aftermath of Super Thursday. The global backdrop seems relatively benign right now despite the FOMC meeting this week. We still...

    • Marc Chandler
  •  sizes=

    Emerging Markets Week Ahead Preview

    EM ended the week on a soft note. Volatility is likely to remain high as markets are jittery and choppy ahead of the BOJ/FOMC meetings on Thursday. Dollar gains were broad-based last week,...

    • Marc Chandler
  •  sizes=

    EM Week Ahead: 2 Disruptive Events Still In Play

    Emerging Markets ended last week under pressure. With two potentially disruptive events (FOMC meeting and Brexit vote) still in play, we think that EM softness should carry over into this...

    • Marc Chandler
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