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Singapore Freight Transport and Shipping Report Q4 2017

BMI View: We see quite a few reasons to be optimistic about Singapore's freight industry and its tradeperformance over the medium term forecast period to 2021. The improvement in the global tradeenvironment and strong demand from the electronics sector is likely to be the main driver of growth inSingapore over the short term. China's Belt and Road initiative provides plenty of upside risk to our freightforecasts going forward and in September, a Memorandum of Understanding was signed by both theSingapore International Mediation Centre and the Mediation Center of the China Council for thePromotion of International Trade / China Chamber of International Commerce to resolve any potentialdisputes that may arise under the initiative.

Key Updates And Forecasts

Singapore's economy grew by 2.5% y-o-y in Q2 2017 at the same rate as in Q1 2017 and we areupgrading our 2017 and 2018 real GDP growth forecasts to 2.2% and 2.5% respectively, from 1.9% and2.2% previously - welcome news for the freight industry and, in particular the consumer-facing modes,namely road, shipping and air. The improvement in the global trade environment and strong demand fromthe electronics sector is likely to be the main driver of growth. Domestically, while the government'ssupport to the construction sector will be positive, excessive strength will be capped by the ongoinglabour restructuring process.


BMI Industry View
SWOT
Freight Transport & Shipping SWOT
Industry Forecast
Trade Forecast
Latest Updates
Structural Trends
Table: Trade Overview (Singapore 2014-2021)
Table: Key Trade Indicators (Singapore 2014-2021)
Table: Main Import Partners
Table: Main Export Partners
Road Freight Forecast
Latest Updates
Structural Trends
Table: Road Freight (Singapore 2014-2021)
Air Freight Forecast
Latest Updates
Structural Trends
Table: Air Freight (Singapore 2014-2021)
Shipping Forecast
Latest Updates
Structural Trends
Table: Major Ports Data (Singapore 2014-2021)
Market Overview
Company Profile
Singapore Airlines Cargo (SIA Cargo)
Demographic Forecast
Demographic Outlook
Table: Population Headline Indicators (Singapore 1990-2025)
Table: Key Population Ratios (Singapore 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Singapore 1990-2025)
Table: Population By Age Group (Singapore 1990-2025)
Table: Population By Age Group % (Singapore 1990-2025)
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Sources

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