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Singapore - Trade Balance 2004

External balance on goods and services · World Bank
$30.3B +$3.0B from 2003 Global rank: 162nd

Singapore's trade balance was $30.3B in 2004, increased +$3.0B from $27.3B in 2003. This was the 162nd highest globally.

Global Ranking - 2004▾
Trade Balance by Country - 2004
RankCountryValueYoY
1st United States $-634.1B -21.5%
2nd United Kingdom $-56.4B -28.3%
3rd Spain $-39.6B -97.9%
4th Greece $-20.2B -1.2%
5th Australia $-16.5B -69.0%
6th Mexico $-15.0B -41.3%
7th Portugal $-14.9B -40.9%
8th India $-12.7B -199.1%
9th Poland $-7.3B -22.4%
10th Romania $-6.9B -52.9%
11th Serbia $-6.3B -87.2%
12th Viet Nam $-6.2B -41.8%
13th Türkiye $-5.3B -7,992.6%
14th Hungary $-4.7B -33.6%
15th Lebanon $-4.4B -6.6%
16th Bosnia and Herzegovina $-3.7B -11.5%
17th Guatemala $-3.6B -14.8%
18th Croatia $-3.6B 2.3%
19th Jordan $-3.5B -61.5%
20th Philippines $-3.3B -27.8%
21st Morocco $-3.2B -85.6%
22nd Bangladesh $-3.0B -3.0%
23rd Bulgaria $-2.9B -35.5%
24th Iraq $-2.8B -2,433.3%
25th Colombia $-2.7B 14.6%
26th Pakistan $-2.6B -619.6%
27th West Bank and Gaza $-2.5B -26.9%
28th El Salvador $-2.5B -13.6%
29th Latvia $-2.2B -50.0%
30th Azerbaijan $-2.1B -21.3%
31st Ghana $-1.9B -53.9%
32nd Sri Lanka $-1.8B -60.1%
33rd Honduras $-1.7B -42.7%
34th Albania $-1.6B -14.3%
35th Lithuania $-1.6B -46.9%
36th Senegal $-1.6B -23.5%
37th Mozambique $-1.5B 5.2%
38th Belarus $-1.5B -115.8%
39th Iran, Islamic Republic of $-1.5B 32.3%
40th Nicaragua $-1.2B -10.5%
41st North Macedonia $-1.1B -41.9%
42nd Egypt, Arab Republic of $-1.1B 48.4%
43rd Haiti $-1.0B -9.6%
44th Kenya $-1.0B -13.4%
45th Estonia $-949.8M -13.8%
46th Guam $-939.0M 8.2%
47th Nepal $-929.7M -14.3%
48th Slovak Republic $-877.4M -321.1%
49th New Caledonia $-860.3M 15.3%
50th Georgia $-860.2M -46.4%
51st Uganda $-799.2M 12.4%
52nd Israel $-793.2M 59.9%
53rd Tunisia $-788.7M 16.1%
54th Moldova $-787.6M -18.9%
55th Iceland $-775.9M -129.7%
56th Burkina Faso $-747.9M -32.3%
57th Mauritania $-677.6M -93.5%
58th Eritrea $-599.1M -12.6%
59th Armenia $-596.9M -11.4%
60th Cambodia $-571.5M 2.5%
61st Panama $-544.8M -300.4%
62nd Madagascar $-499.4M -18.0%
63rd Slovenia $-498.0M -429.4%
64th Sudan $-488.0M -18.1%
65th Mali $-414.5M -29.9%
66th Zimbabwe $-412.3M -27.1%
67th Timor-Leste $-407.2M 23.5%
68th Congo, Democratic Republic of $-399.3M 25.9%
69th Lao PDR $-384.7M -40.1%
70th Malta $-347.6M -75.2%
71st Cabo Verde $-347.4M -18.5%
72nd Togo $-342.2M -28.2%
73rd Montenegro $-333.1M -19.1%
74th South Africa $-328.8M -107.9%
75th Niger $-317.6M -36.9%
76th Rwanda $-301.2M -2.4%
77th Sierra Leone $-286.6M 26.8%
78th Tanzania $-253.2M -533.9%
79th Zambia $-232.2M 56.7%
80th Tajikistan $-225.2M -47.6%
81st Bhutan $-218.8M -39.1%
82nd Mongolia $-194.3M 21.9%
83rd Kyrgyz Republic $-192.5M -52.7%
84th Benin $-178.0M 23.1%
85th Greenland $-174.6M 4.3%
86th Costa Rica $-156.5M 54.3%
87th Micronesia, Federated States of $-151.0M -7.1%
88th Namibia $-149.8M 66.6%
89th Cameroon $-139.8M 36.1%
90th Mauritius $-119.9M -208.7%
91st Comoros $-112.6M -13.9%
92nd American Samoa $-110.0M -80.3%
93rd Faroe Islands $-103.7M 53.1%
94th Guinea-Bissau $-100.9M -28.6%
95th Gambia, The $-84.1M -158.9%
96th Tonga $-80.4M -15.4%
97th Kiribati $-80.2M -17.1%
98th Guyana $-75.6M -3.8%
99th Marshall Islands $-71.0M 4.3%
100th Aruba $-69.9M 53.4%
101st Central African Republic $-66.8M -2,527.8%
102nd Solomon Islands $-61.1M -22.3%
103rd Samoa $-58.7M -25.1%
104th Guinea $-43.3M -262.8%
105th Seychelles $-33.7M -172.3%
106th Vanuatu $-27.4M -73.7%
107th Belize $-25.4M 62.8%
108th Cyprus $-21.5M -109.7%
109th Turkmenistan $4.6M -96.1%
110th Chad $11.0M 101.2%
111th Bahamas, The $38.8M -21.5%
112th Yemen, Republic of $127.3M 171.9%
113th Dominican Republic $210.6M 785.7%
114th Cuba $279.7M 214.0%
115th Northern Mariana Islands $281.0M -18.3%
116th New Zealand $298.5M -80.8%
117th Uruguay $376.1M 0.5%
118th Bolivia, Plurinational State of $422.2M 781.7%
119th Côte d'Ivoire $508.8M -43.3%
120th Papua New Guinea $520.2M -4.4%
121st Virgin Islands (US) $685.0M 26.2%
122nd Syrian Arab Republic $698.2M 11.5%
123rd Botswana $737.2M -17.0%
124th Ecuador $747.8M 82.1%
125th Czechia $750.9M 149.4%
126th Uzbekistan $840.2M 37.8%
127th Paraguay $1.1B 7.2%
128th Congo, Republic of $1.4B 728.6%
129th Bahrain $2.2B 22.0%
130th Gabon $2.2B 43.4%
131st Peru $2.6B 992.2%
132nd Brunei Darussalam $2.6B 32.8%
133rd Oman $3.1B -15.6%
134th Angola $3.2B 249.2%
135th Kazakhstan $3.7B 123.9%
136th Macao SAR, China $4.3B 50.1%
137th Ukraine $5.0B 283.8%
138th Luxembourg $7.8B 26.9%
139th Thailand $7.8B -19.0%
140th Austria $8.9B 22.8%
141st Chile $9.4B 177.3%
142nd Libya $10.4B 64.7%
143rd Italy $10.6B 48.1%
144th Argentina $11.5B -19.4%
145th Indonesia $12.0B -30.4%
146th Qatar $12.0B 54.1%
147th Finland $12.4B 9.5%
148th Algeria $14.2B 42.2%
149th Denmark $14.2B -4.2%
150th Kuwait $14.6B 72.8%
151st Hong Kong SAR, China $14.7B 0.3%
152nd United Arab Emirates $15.5B 30.9%
153rd Puerto Rico (US) $16.2B -24.5%
154th Belgium $18.1B 6.0%
155th Brazil $22.8B 84.2%
156th Malaysia $25.4B 17.1%
157th Sweden $25.8B 44.4%
158th Korea $27.1B 154.0%
159th Ireland $27.9B 11.9%
160th France $28.0B -9.0%
161st Switzerland $28.6B 54.7%
162nd Singapore $30.3B 11.2%
163rd Norway $35.9B 20.3%
164th Canada $45.8B 31.5%
165th China $51.2B 42.9%
166th Netherlands $54.4B 30.3%
167th Saudi Arabia $69.6B 47.4%
168th Russian Federation $72.4B 48.0%
169th Japan $93.4B 28.7%
170th Germany $141.6B 54.3%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Singapore's trade balance in 2004?▾

Singapore's trade balance in 2004 was $30.3B. This ranked 162nd globally.

How did Singapore's trade balance change in 2004?▾

Singapore's trade balance increased by 11.2% in 2004 compared to 2003.

Which country had the highest trade balance in 2004?▾

Germany had the highest trade balance in 2004 at $141.6B.

What is the trade balance of Singapore in 2004?▾

The trade balance of Singapore in 2004 was $30.3B. This ranked 162nd globally.

What was Singapore's trade balance in billion in 2004?▾

Singapore's trade balance in 2004 was approximately 30.35 billion ($30.3B).

How does 2004 compare to 2003 for Singapore's trade balance?▾

Singapore's trade balance went from $27.3B in 2003 to $30.3B in 2004, a 11.2% increase.

HistorySaid - pattern alert

Singapore matched the Export Boom Cycle pattern in 2004. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 9.0%. View full analysis →

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2003 2005 All years Full ranking 2004 Exports Imports Current Account Balance FDI Inflows FDI Outflows Peak: 2025 Lowest: 1980 Trade Balance 1990s Trade Balance 2000s Trade Balance 2010s Trade Balance 2020s Highest ever Lowest ever Average vs Norway vs Iceland vs Cayman Islands vs United States ASEAN Trade Balance Global Ranking