2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$424BCURRENT US$
Rnk 32 / 204
2011-2021
Flag
GDP GROWTH
51.7%CURRENT US$
Rnk 48 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$77,710CURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP PC GROWTH
44.2%CURRENT US$
Rnk 40 / 204

About

China-Singapore In 2021, China exported $53.9B to Singapore. The main products that China exported to Singapore are Integrated Circuits ($6.26B), Refined Petroleum ($5.29B), and Computers ($3.65B). During the last 26 years the exports of China to Singapore have increased at an annualized rate of 10.6%, from $3.89B in 1995 to $53.9B in 2021.

In 2021, China did not export any services to Singapore.

Singapore-China In 2021, Singapore exported $56.8B to China. The main products that Singapore exported to China were Integrated Circuits ($14.2B), Machinery Having Individual Functions ($3.13B), and Photo Lab Equipment ($2.8B). During the last 26 years the exports of Singapore to China have increased at an annualized rate of 11.8%, from $3.13B in 1995 to $56.8B in 2021.

In 2015, Singapore exported services to China worth $7.08B, with Transportation ($4.57B), Other business services ($1.83B), and Royalties and license fees ($392M) being the largest in terms of value.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.74), and 19 in total exports ($351B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $53.9B to Singapore. The main products exported from China to Singapore were Integrated Circuits ($6.26B), Refined Petroleum ($5.29B), and Computers ($3.65B). During the last 26 years the exports of China to Singapore have increased at an annualized rate of 10.6%, from $3.89B in 1995 to $53.9B in 2021.

In 2021, Singapore exported $56.8B to China. The main products exported from Singapore to China were Integrated Circuits ($14.2B), Machinery Having Individual Functions ($3.13B), and Photo Lab Equipment ($2.8B). During the last 26 years the exports of Singapore to China have increased at an annualized rate of 11.8%, from $3.13B in 1995 to $56.8B in 2021.

Exports from China (Flag) to Singapore (Flag) (2021)

Exports from Singapore (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
Singapore
Top Destination
China$56.8B

This map shows whether countries import more from China or Singapore. Each country is colored based on the difference in imports they receive from China and Singapore or the difference in the growth in imports.

In 2021, countries that imported more from China than Singapore were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Singapore than China were Guyana ($1.63B), Guam ($427M), and Brunei ($850M).

Difference in imports from Singapore (Flag) and China (Flag) (2021)

Comparative Advantage China - Singapore

Flow
Scale

This chart compares trade between China and Singapore by product, considering products traded by both, China and Singapore.

During 2021, China had a large net trade with Singapore in the exports of Machines ($27.7B), Mineral Products ($5.6B), and Transportation ($4.46B).

During 2021, Singapore had a large net trade with China in the exports of Machines ($26B), Chemical Products ($7.97B), and Instruments ($6.37B).

Service Trade

Bilateral Service Trade

In 2015, Singapore exported services to China worth $7.08B, with Transportation ($4.57B), Other business services ($1.83B), and Royalties and license fees ($392M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Singapore (Flag) to China (Flag) (2015)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over China.

Product Space of China (Flag) and Singapore (Flag) (2021)

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