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ExportsGermany-Singapore Trade: In 2022, Germany exported $8.13B to Singapore. The main products that Germany exported to Singapore were Integrated Circuits ($682M), Passenger and Cargo Ships ($360M), and Motor vehicles; parts and accessories (8701 to 8705) ($311M). Over the past 5 years the exports of Germany to Singapore have increased at an annualized rate of 0.21%, from $8.04B in 2017 to $8.13B in 2022.
In 2020, Germany exported services to Singapore worth $3.69B, with Transportation ($2B), Other business services ($921M), and Computer and information services ($373M) being the largest in terms of value.
Singapore-Germany Trade: In 2022, Singapore exported $7.03B to Germany. The main products that Singapore exported to Germany were Nitrogen Heterocyclic Compounds ($2.72B), Integrated Circuits ($383M), and Oxygen Amino Compounds ($364M). Over the past 5 years the exports of Singapore to Germany have decreased at an annualized rate of 4%, from $8.62B in 2017 to $7.03B in 2022.
In 2015, Singapore exported services to Germany worth $1.48B, with Other business services ($775M), Transportation ($634M), and Insurance services ($32.9M) being the largest in terms of value.
Comparison: In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).
