South Korea-Singapore In 2021, South Korea exported $15.8B to Singapore. The main products that South Korea exported to Singapore are Integrated Circuits ($5.27B), Refined Petroleum ($4.34B), and Passenger and Cargo Ships ($1.03B). During the last 26 years the exports of South Korea to Singapore have increased at an annualized rate of 3.32%, from $6.75B in 1995 to $15.8B in 2021.
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 2021, Singapore exported $12B to South Korea. The main products that Singapore exported to South Korea were Integrated Circuits ($2.55B), Photo Lab Equipment ($1.74B), and Machinery Having Individual Functions ($1.1B). During the last 26 years the exports of Singapore to South Korea have increased at an annualized rate of 5.76%, from $2.8B in 1995 to $12B in 2021.
In 2015, Singapore exported services to South Korea worth $1.85B, with Transportation ($1.03B), Other business services ($483M), and Insurance services ($171M) being the largest in terms of value.
Comparison In 2021, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.74), and 19 in total exports ($351B).