Review of 2025 Trade Performance
First published 10 Feb 2026 / Last updated 10 Feb 2026
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: Review of 2025 Trade Performance
MR No.: 006/26
Singapore, Tuesday, 10 February 2026
Highlights
| Trade Components | Performance |
| NODX | Increased by 4.8% in 2025, following the growth in 2024 (+0.2%) For 2026, NODX is forecasted to grow by “+2.0% to +4.0%”, consistent with the International Monetary Fund’s projection of softer growth in global trade volumes in 2026 |
| NORX | Expanded by 17.7% in 2025, following the increase in 2024 (+10.2%) |
| Total Merchandise Trade | Increased by 8.7% to S$1.4 trillion in 2025, following the growth in 2024 (+6.6%) |
| Total Services Trade | Rose by 3.3% in 2025, following the increase in 2024 (+13.0%) |
Click here to read the full report.
Click here for infographic on the key statistics.
