South Korea-Singapore In 2020, South Korea exported $11B to Singapore. The main products that South Korea exported to Singapore are Integrated Circuits ($3.61B), Refined Petroleum ($1.91B), and Passenger and Cargo Ships ($1.23B). During the last 25 years the exports of South Korea to Singapore have increased at an annualized rate of 1.99%, from $6.74B in 1995 to $11B in 2020.
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 2020, Singapore exported $9.66B to South Korea. The main products that Singapore exported to South Korea were Integrated Circuits ($2.83B), Photo Lab Equipment ($902M), and Machinery Having Individual Functions ($796M). During the last 25 years the exports of Singapore to South Korea have increased at an annualized rate of 5.09%, from $2.79B in 1995 to $9.66B in 2020.
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 2020, South Korea ranked 5 in the Economic Complexity Index (ECI 1.88), and 5 in total exports ($531B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B).