2021
Flag  
GDP
$1.19TCURRENT US$
Rnk 16 / 204
2011-2021
Flag
GDP GROWTH
32.9%CURRENT US$
Rnk 88 / 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 
$4,334CURRENT US$
Rnk 130 / 204
2011-2021
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 81 / 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

Indonesia-Singapore In 2021, Indonesia exported $13B to Singapore. The main products that Indonesia exported to Singapore are Petroleum Gas ($2.68B), Gold ($1.06B), and Raw Tin ($515M). During the last 26 years the exports of Indonesia to Singapore have increased at an annualized rate of 4.87%, from $3.77B in 1995 to $13B in 2021.

In 2021, Indonesia did not export any services to Singapore.

Singapore-Indonesia In 2021, Singapore exported $18.4B to Indonesia. The main products that Singapore exported to Indonesia were Refined Petroleum ($6.03B), Gold ($582M), and Propylene Polymers ($450M). During the last 26 years the exports of Singapore to Indonesia have increased at an annualized rate of 8.44%, from $2.24B in 1995 to $18.4B in 2021.

In 2021, Singapore did not export any services to Indonesia.

Comparison In 2021,  Indonesia ranked 61 in the Economic Complexity Index (ECI 0.042), and 27 in total exports ($248B). 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, Indonesia exported $13B to Singapore. The main products exported from Indonesia to Singapore were Petroleum Gas ($2.68B), Gold ($1.06B), and Raw Tin ($515M). During the last 26 years the exports of Indonesia to Singapore have increased at an annualized rate of 4.87%, from $3.77B in 1995 to $13B in 2021.

In 2021, Singapore exported $18.4B to Indonesia. The main products exported from Singapore to Indonesia were Refined Petroleum ($6.03B), Gold ($582M), and Propylene Polymers ($450M). During the last 26 years the exports of Singapore to Indonesia have increased at an annualized rate of 8.44%, from $2.24B in 1995 to $18.4B in 2021.

Exports from Indonesia (Flag) to Singapore (Flag) (2021)

Exports from Singapore (Flag) to Indonesia (Flag) (2021)

Latest Data

Trade between Indonesia (Flag) and Singapore (Flag)

Indonesia Exports

Singapore Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$54.5B
Singapore
Top Destination
China$56.8B

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 Japan ($18.6B), Pakistan ($4.05B), and Italy ($3B).

In 2021, countries that imported more from Singapore than Indonesia were Hong Kong ($54.5B), Malaysia ($27.7B), and Cambodia ($11.2B).

Difference in imports from Singapore (Flag) and Indonesia (Flag) (2021)

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 2021, Indonesia had a large net trade with Singapore in the exports of Mineral Products ($3.77B), Machines ($3.56B), and Precious Metals ($1.2B).

During 2021, Singapore had a large net trade with Indonesia in the exports of Mineral Products ($6.46B), Machines ($4.5B), and Chemical Products ($2.04B).

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) (2021)

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