Flag China / Singapore Flag

Exports Flag β†’ Flag  (2018): $47.2B, Rnk 13 / 206

Top Product Flag β†’ Flag (2018): $8.08B, Refined Petroleum

Exports Flag β†’ Flag (2018): $44.3B, Rnk 1 / 213

Top Product Flag β†’ Flag (2018): $9.76B, Integrated Circuits

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 1.71, Rnk 6 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $364B, CURRENT US$
Rnk 33 / 196

GDP GROWTH Flag (2008-2018): 88.1%, CURRENT US$
Rnk 43 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $64,582, CURRENT US$
Rnk 9 / 196

GDP PC GROWTH Flag (2008-2018): 61.4%, CURRENT US$
Rnk 37 / 196

China-Singapore: In 2018, China exported $47.2B to Singapore. The main products that China exported to Singapore are Refined Petroleum ($8.08B), Integrated Circuits ($4.84B), and Office Machine Parts ($3.27B). During the last 23 years the exports of China to Singapore have increased at an annualized rate of 11.4%, from $3.96B in 1995 to $47.2B in 2018.

In 2018, China did not exported services to Singapore.

Singapore-China: In 2018, Singapore exported $44.3B to China . The main products that Singapore exported to China were Integrated Circuits ($9.76B), Refined Petroleum ($3.44B), and Ethylene Polymers ($2.43B). During the last 23 years the exports of China to Singapore have increased at an annualized rate of 11.4%, from $3.96B in 1995 to $47.2B in 2018.

In 2017, Singapore exported services to China worth $9.95B, with Transportation ($6.42B), Other business services ($2.63B), and Royalties and license fees ($415M) being the largest in terms of value.

Comparison: In 2018,  China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.71), and 17 in total exports ($323B).

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $47.2B to Singapore. The main products exported from China to Singapore were Refined Petroleum ($8.08B), Integrated Circuits ($4.84B), and Office Machine Parts ($3.27B). During the last 23 years the exports of China to Singapore have increased at an annualized rate of 11.4%, from $3.96B in 1995 to $47.2B in 2018.

In 2018, Singapore exported $44.3B to China. The main products exported from Singapore to China were Integrated Circuits ($9.76B), Refined Petroleum ($3.44B), and Ethylene Polymers ($2.43B). During the last 23 years the exports of Singapore to China have increased at an annualized rate of 11.9%, from $3.34B in 1995 to $44.3B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Singapore
Top Destination
: China, $44.3B

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 2018, countries that imported more from China than Singapore were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Singapore than China were Zimbabwe ($1.24B), Guam ($357M), and New Caledonia ($348M).

Comparative Advantage China - Singapore

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Depth

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

During 2018, China had a large net trade with Singapore in the exports of Machines ($24.1B), Mineral Products ($8.22B), and Metals ($3.1B).

During 2018, Singapore had a large net trade with China in the exports of Machines ($18.3B), Chemical Products ($6.51B), and Plastics and Rubbers ($5.44B).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Bilateral Service Trade

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In 2017, Singapore exported services to China worth $9.95B, with Transportation ($6.42B), Other business services ($2.63B), and Royalties and license fees ($415M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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