Import, export price indices fall YoY in July 2025

The decrease in non-oil indices was due to the Machinery and Transport Equipment index

The prices of imports and exports declined in July 2025 compared to a year ago, according to the Department of Statistics Singapore (SingStat).

The Import Price Index fell 6.1% year-on-year (YoY) in July, extending the 6.4% decrease in June 2025. The oil index fell 17.7%, mainly due to lower prices of petroleum and products amid the oversupply of oil production, while the non-oil indices fell 2.4%.

For the Export Price Index, data showed it fell by 8.0% in July 2025 compared to a year ago, following the 7.9% decrease in June 2025.

The oil and non-oil indices decreased 16.6% and 5.9%, respectively.

Among the non-oil sub-indices, the decrease was due to the Machinery and Transport Equipment index, attributed to lower prices of electrical machinery apparatus.

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia