2021
Flag  
GDP
$369BCURRENT US$
Rnk 39 / 204
2011-2021
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 55 / 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 
$49,765CURRENT US$
Rnk 28 / 204
2011-2021
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 45 / 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

Hong Kong-Singapore In 2021, Hong Kong exported $3.64B to Singapore. The main products that Hong Kong exported to Singapore are Gold ($1.19B), Machinery Having Individual Functions ($343M), and Integrated Circuits ($325M). During the last 26 years the exports of Hong Kong to Singapore have decreased at an annualized rate of 0.36%, from $3.99B in 1995 to $3.64B in 2021.

In 2021, Hong Kong did not export any services to Singapore.

Singapore-Hong Kong In 2021, Singapore exported $54.5B to Hong Kong. The main products that Singapore exported to Hong Kong were Integrated Circuits ($38.9B), Refined Petroleum ($2.06B), and Semiconductor Devices ($1.46B). During the last 26 years the exports of Singapore to Hong Kong have increased at an annualized rate of 6.27%, from $11.2B in 1995 to $54.5B in 2021.

In 2015, Singapore exported services to Hong Kong worth $3.47B, with Other business services ($1.74B), Transportation ($1.49B), and Insurance services ($115M) being the largest in terms of value.

Comparison In 2021,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.16), and 36 in total exports ($124B). 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, Hong Kong exported $3.64B to Singapore. The main products exported from Hong Kong to Singapore were Gold ($1.19B), Machinery Having Individual Functions ($343M), and Integrated Circuits ($325M). During the last 26 years the exports of Hong Kong to Singapore have decreased at an annualized rate of 0.36%, from $3.99B in 1995 to $3.64B in 2021.

In 2021, Singapore exported $54.5B to Hong Kong. The main products exported from Singapore to Hong Kong were Integrated Circuits ($38.9B), Refined Petroleum ($2.06B), and Semiconductor Devices ($1.46B). During the last 26 years the exports of Singapore to Hong Kong have increased at an annualized rate of 6.27%, from $11.2B in 1995 to $54.5B in 2021.

Exports from Hong Kong (Flag) to Singapore (Flag) (2021)

Exports from Singapore (Flag) to Hong Kong (Flag) (2021)

Latest Data

Trade between Hong Kong (Flag) and Singapore (Flag)

Hong Kong Exports

Singapore Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$30.3B
Singapore
Top Destination
China$56.8B

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

In 2021, countries that imported more from Hong Kong than Singapore were United Kingdom ($7.18B), Macau ($2.4B), and Israel ($2.82B).

In 2021, countries that imported more from Singapore than Hong Kong were China ($56.8B), United States ($28.1B), and Malaysia ($27.7B).

Difference in imports from Singapore (Flag) and Hong Kong (Flag) (2021)

Comparative Advantage Hong Kong - Singapore

Flow
Scale

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

During 2021, Hong Kong had a large net trade with Singapore in the exports of Machines ($1.59B), Precious Metals ($1.41B), and Instruments ($147M).

During 2021, Singapore had a large net trade with Hong Kong in the exports of Machines ($46.8B), Mineral Products ($2.07B), and Chemical Products ($1.47B).

Service Trade

Bilateral Service Trade

In 2015, Singapore exported services to Hong Kong worth $3.47B, with Other business services ($1.74B), Transportation ($1.49B), and Insurance services ($115M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Singapore (Flag) to Hong Kong (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 Hong Kong has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Singapore (Flag) (2021)

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