2022
Flag  
GDP
$1.32TCURRENT US$
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2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
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2022
Flag
 GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Indonesia-Singapore In 2022, Indonesia exported $15.5B to Singapore. The main products that Indonesia exported to Singapore are Petroleum Gas ($3B), Other Electrical Machinery ($1.34B), and Refined Petroleum ($1.18B). During the last 27 years the exports of Indonesia to Singapore have increased at an annualized rate of 5.39%, from $3.77B in 1995 to $15.5B in 2022.

In 2022, Indonesia did not export any services to Singapore.

Singapore-Indonesia In 2022, Singapore exported $22.5B to Indonesia. The main products that Singapore exported to Indonesia were Refined Petroleum ($9.29B), Gold ($656M), and Broadcasting Equipment ($537M). During the last 27 years the exports of Singapore to Indonesia have increased at an annualized rate of 8.9%, from $2.25B in 1995 to $22.5B in 2022.

In 2022, Singapore did not export any services to Indonesia.

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $15.5B to Singapore. The main products exported from Indonesia to Singapore were Petroleum Gas ($3B), Other Electrical Machinery ($1.34B), and Refined Petroleum ($1.18B). During the last 27 years the exports of Indonesia to Singapore have increased at an annualized rate of 5.39%, from $3.77B in 1995 to $15.5B in 2022.

In 2022, Singapore exported $22.5B to Indonesia. The main products exported from Singapore to Indonesia were Refined Petroleum ($9.29B), Gold ($656M), and Broadcasting Equipment ($537M). During the last 27 years the exports of Singapore to Indonesia have increased at an annualized rate of 8.9%, from $2.25B in 1995 to $22.5B in 2022.

Exports from Indonesia (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Singapore (Flag)

Indonesia Exports

Singapore Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Indonesia than Singapore were China ($67.7B), Japan ($26.6B), and India ($25.3B).

In 2021, countries that imported more from Singapore than Indonesia were Hong Kong ($51.6B), Malaysia ($35.9B), and Australia ($14.7B).

Difference in imports from Singapore (Flag) and Indonesia (Flag) (2022)

Comparative Advantage Indonesia - Singapore

Flow
Scale

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

During 2022, Indonesia had a large net trade with Singapore in the exports of Machines ($5.04B), Mineral Products ($4.98B), and Precious Metals ($1.28B).

During 2022, Singapore had a large net trade with Indonesia in the exports of Mineral Products ($9.77B), Machines ($5.12B), and Chemical Products ($2.01B).

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 Indonesia has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Singapore (Flag) (2022)

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