Flag Malaysia / Singapore Flag

2020
FlagFlag
Exports
: $36.5B, Rnk 2 / 215

2020
FlagFlag
Top Product
: $11.1B, Integrated Circuits

2020
FlagFlag
Exports
: $22.9B, Rnk 4 / 212

2020
FlagFlag
Top Product
: $5.7B, Integrated Circuits

2020
Flag
Economic Complexity (ECI)
: ECI 1.02, Rnk 25 / 127

2020
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Economic Complexity (ECI)
: ECI 1.84, Rnk 6 / 127

2020
Flag  
GDP
: $337B, CURRENT US$
Rnk 37 / 195

2010-2020
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GDP GROWTH
: 32.2%, CURRENT US$
Rnk 93 / 195

2020
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 GDP
: $340B, CURRENT US$
Rnk 36 / 195

2010-2020
Flag
GDP GROWTH
: 41.8%, CURRENT US$
Rnk 72 / 195

2020
Flag
GDP PC 
: $10,412, CURRENT US$
Rnk 69 / 195

2010-2020
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GDP PC GROWTH
: 15.2%, CURRENT US$
Rnk 95 / 195

2020
Flag
GDP PC
: $59,798, CURRENT US$
Rnk 10 / 195

2010-2020
Flag
GDP PC GROWTH
: 26.6%, CURRENT US$
Rnk 73 / 195

Malaysia-Singapore In 2020, Malaysia exported $36.5B to Singapore. The main products that Malaysia exported to Singapore are Integrated Circuits ($11.1B), Refined Petroleum ($5.63B), and Office Machine Parts ($1.24B). During the last 25 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.4%, from $15.8B in 1995 to $36.5B in 2020.

In 2010, Malaysia exported services to Singapore worth $10.7B, with Travel ($9.17B), Other business services ($868M), and Transportation ($362M) being the largest in terms of value.

Singapore-Malaysia In 2020, Singapore exported $22.9B to Malaysia . The main products that Singapore exported to Malaysia were Integrated Circuits ($5.7B), Refined Petroleum ($4.33B), and Gold ($894M). During the last 25 years the exports of Singapore to Malaysia have increased at an annualized rate of 1.88%, from $14.4B in 1995 to $22.9B in 2020.

In 2020, Singapore did not export any services to Malaysia.

Comparison In 2020,  Malaysia ranked 25 in the Economic Complexity Index (ECI 1.02), and 20 in total exports ($266B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Malaysia exported $36.5B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($11.1B), Refined Petroleum ($5.63B), and Office Machine Parts ($1.24B). During the last 25 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.4%, from $15.8B in 1995 to $36.5B in 2020.

In 2020, Singapore exported $22.9B to Malaysia. The main products exported from Singapore to Malaysia were Integrated Circuits ($5.7B), Refined Petroleum ($4.33B), and Gold ($894M). During the last 25 years the exports of Singapore to Malaysia have increased at an annualized rate of 1.88%, from $14.4B in 1995 to $22.9B in 2020.

Market Competitiveness

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Measure

Malaysia
Top Destination
: China, $38.7B

Singapore
Top Destination
: China, $42.9B

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

In 2019, countries that imported more from Malaysia than Singapore were Mexico ($10.2B), United States ($33.8B), and Japan ($15.6B).

In 2019, countries that imported more from Singapore than Malaysia were Hong Kong ($41.7B), Indonesia ($14.8B), and China ($42.9B).

Comparative Advantage Malaysia - Singapore

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Flow

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

During 2020, Malaysia had a large net trade with Singapore in the exports of Machines ($20B), Mineral Products ($6.81B), and Instruments ($1.83B).

During 2020, Singapore had a large net trade with Malaysia in the exports of Machines ($11.3B), Mineral Products ($4.6B), and Chemical Products ($1.51B).

Bilateral Service Trade

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In 2010, Malaysia exported services to Singapore worth $10.7B, with Travel ($9.17B), Other business services ($868M), and Transportation ($362M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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