South Korea-Singapore In 2019, South Korea exported $13.3B to Singapore. The main products that South Korea exported to Singapore are Refined Petroleum ($3.65B), Integrated Circuits ($2.86B), and Passenger and Cargo Ships ($2.65B). During the last 24 years the exports of South Korea to Singapore have increased at an annualized rate of 2.88%, from $6.75B in 1995 to $13.3B in 2019.
In 2005, South Korea exported services to Singapore worth $1.27B, with Transportation ($610M), Other business services ($361M), and Travel ($125M) being the largest in terms of value.
Singapore-South Korea In 2019, Singapore exported $8.2B to South Korea . The main products that Singapore exported to South Korea were Integrated Circuits ($1.81B), Refined Petroleum ($601M), and Machinery Having Individual Functions ($454M). During the last 24 years the exports of Singapore to South Korea have increased at an annualized rate of 4.69%, from $2.73B in 1995 to $8.2B in 2019.
In 2017, Singapore exported services to South Korea worth $1.63B, with Transportation ($975M), Other business services ($402M), and Insurance services ($178M) being the largest in terms of value.
Comparison In 2019, South Korea ranked 5 in the Economic Complexity Index (ECI 1.9), and 6 in total exports ($555B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.77), and 18 in total exports ($301B).