Wheat — Terms of trade in Singapore

Singapore: Wheat — Terms of trade was 28.07 % in 2024. ◆ Volatile

Latest (2024)
28.07 %
Change on year
down 79.2%
World rank
76th
of 80 countries
All-time high
153.37 %
in 2015
All-time low
16.09 %
in 2019
Years of data
15
2010–2024

Wheat — Terms of trade in Singapore, 2010–2024

0501001502010201720242010: 66.4 %2011: 47.7 %2012: 22.8 %2013: 28 %2014: 106.4 %2015: 153.4 %2016: 27.8 %2017: 17.1 %2018: 17.4 %2019: 16.1 %2020: 16.3 %2021: 45.4 %2022: 60.9 %2023: 134.9 %2024: 28.1 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for wheat — terms of trade in Singapore is 28.07 %, measured in 2024.

That represents a change of down 79.2% on the previous year and down 73.6% over ten years.

Over the whole period, wheat — terms of trade in Singapore peaked at 153.37 % in 2015 and was at its lowest, 16.09 %, in 2019.

Singapore ranks 76th of 80 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Wheat — Terms of trade in Singapore, year by year

Annual values for Wheat — Terms of trade in Singapore, 2010 to 2024.
Year % Change
2010 66.38 %
2011 47.69 % -28.2%
2012 22.8 % -52.2%
2013 27.97 % +22.7%
2014 106.43 % +280.5%
2015 153.37 % +44.1%
2016 27.82 % -81.9%
2017 17.15 % -38.4%
2018 17.38 % +1.3%
2019 16.09 % -7.4%
2020 16.27 % +1.1%
2021 45.39 % +179.0%
2022 60.91 % +34.2%
2023 134.9 % +121.5%
2024 28.07 % -79.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 50.31 % 16.09 % 153.37 % 10
2020s 57.11 % 16.27 % 134.9 % 5

Countries ranked near Singapore

  1. 73 Republic of Korea 34.96 % compare
  2. 74 Uganda 33.18 % compare
  3. 75 Paraguay 29.18 % compare
  4. 77 Morocco 19.71 % compare
  5. 78 Namibia 9.39 % compare
  6. 79 Senegal 6.32 % compare

See the full ranking of 86 places →

More agriculture & rural data for Singapore

All data for Singapore →

Frequently asked questions

What is wheat — terms of trade in Singapore?
Wheat — terms of trade in Singapore was 28.07 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in Singapore?
The highest recorded value was 153.37 % in 2015.
What is the lowest wheat — terms of trade recorded in Singapore?
The lowest recorded value was 16.09 % in 2019.
How does Singapore rank for wheat — terms of trade?
Singapore ranks 76th out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in Singapore?
Over the last ten years it is down 73.6%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/singapore/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK