Flag China / Singapore Flag

2020
FlagFlag
Exports
: $54B, Rnk 13 / 209

2020
FlagFlag
Top Product
: $5.55B, Integrated Circuits

2020
FlagFlag
Exports
: $42.9B, Rnk 1 / 212

2020
FlagFlag
Top Product
: $10.6B, Integrated Circuits

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 1.84, Rnk 6 / 127

2020
Flag  
GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
Flag
 GDP
: $340B, CURRENT US$
Rnk 36 / 195

2010-2020
Flag
GDP GROWTH
: 41.8%, CURRENT US$
Rnk 72 / 195

2020
Flag
GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

2020
Flag
GDP PC
: $59,798, CURRENT US$
Rnk 10 / 195

2010-2020
Flag
GDP PC GROWTH
: 26.6%, CURRENT US$
Rnk 73 / 195

China-Singapore In 2020, China exported $54B to Singapore. The main products that China exported to Singapore are Integrated Circuits ($5.55B), Refined Petroleum ($4.88B), and Broadcasting Equipment ($3.97B). During the last 25 years the exports of China to Singapore have increased at an annualized rate of 11.1%, from $3.89B in 1995 to $54B in 2020.

In 2020, China did not export any services to Singapore.

Singapore-China In 2020, Singapore exported $42.9B to China . The main products that Singapore exported to China were Integrated Circuits ($10.6B), Ethylene Polymers ($2.25B), and Machinery Having Individual Functions ($1.86B). During the last 25 years the exports of Singapore to China have increased at an annualized rate of 11.1%, from $3.11B in 1995 to $42.9B in 2020.

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 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, China exported $54B to Singapore. The main products exported from China to Singapore were Integrated Circuits ($5.55B), Refined Petroleum ($4.88B), and Broadcasting Equipment ($3.97B). During the last 25 years the exports of China to Singapore have increased at an annualized rate of 11.1%, from $3.89B in 1995 to $54B in 2020.

In 2020, Singapore exported $42.9B to China. The main products exported from Singapore to China were Integrated Circuits ($10.6B), Ethylene Polymers ($2.25B), and Machinery Having Individual Functions ($1.86B). During the last 25 years the exports of Singapore to China have increased at an annualized rate of 11.1%, from $3.11B in 1995 to $42.9B in 2020.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

Singapore
Top Destination
: China, $42.9B

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 2019, countries that imported more from China than Singapore were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Singapore than China were Brunei ($843M), Guam ($224M), and New Caledonia ($211M).

Comparative Advantage China - Singapore

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Flow

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

During 2020, China had a large net trade with Singapore in the exports of Machines ($26.3B), Mineral Products ($5.01B), and Transportation ($4.7B).

During 2020, Singapore had a large net trade with China in the exports of Machines ($20B), Chemical Products ($5.99B), and Plastics and Rubbers ($4.8B).

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 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.