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2021
Flag → Flag
Exports $49.6BRnk 1 / 217
2021
Flag → Flag
Top Product $14.7BIntegrated Circuits
2021
Flag → Flag
Exports $27.7BRnk 4 / 211
2021
Flag → Flag
Top Product $6.37BRefined Petroleum
2021
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 131
2021
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Economic Complexity (ECI) ECI 1.74Rnk 6 / 131
2021
Flag  
GDP$373BCURRENT US$
Rnk 38 / 204
2011-2021
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GDP GROWTH25.2%CURRENT US$
Rnk 106 / 204
2021
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 GDP$424BCURRENT US$
Rnk 32 / 204
2011-2021
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GDP GROWTH51.7%CURRENT US$
Rnk 48 / 204
2021
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GDP PC $11,109CURRENT US$
Rnk 81 / 204
2011-2021
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GDP PC GROWTH8.81%CURRENT US$
Rnk 119 / 204
2021
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GDP PC$77,710CURRENT US$
Rnk 9 / 204
2011-2021
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GDP PC GROWTH44.2%CURRENT US$
Rnk 40 / 204

About

Malaysia-Singapore In 2021, Malaysia exported $49.6B to Singapore. The main products that Malaysia exported to Singapore are Integrated Circuits ($14.7B), Refined Petroleum ($10.9B), and Machinery Having Individual Functions ($1.65B). During the last 26 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.5%, from $15.8B in 1995 to $49.6B in 2021.

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 2021, Singapore exported $27.7B to Malaysia. The main products that Singapore exported to Malaysia were Refined Petroleum ($6.37B), Integrated Circuits ($4.6B), and Gold ($1.96B). During the last 26 years the exports of Singapore to Malaysia have increased at an annualized rate of 2.58%, from $14.3B in 1995 to $27.7B in 2021.

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

Comparison In 2021,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 21 in total exports ($333B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.74), and 19 in total exports ($351B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR12.2B and imported MYR6.51B from Singapore, resulting in a positive trade balance of MYR5.7B. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR1.48B (13.8%) from MYR10.7B to MYR12.2B, while imports decreased by MYR-1.19B (-15.5%) from MYR7.7B to MYR6.51B.

Trade In September 2020, the top exports of Malaysia to Singapore were Integrated Circuits (MYR3.73B), Refined Petroleum (MYR935M), Crude Petroleum (MYR500M), Semiconductor Devices (MYR490M), and Computers (MYR480M). In September 2020 the top imports of Malaysia from Singapore were Refined Petroleum (MYR2.09B), Integrated Circuits (MYR1.8B), Gold (MYR260M), Semiconductor Devices (MYR221M), and Low-voltage Protection Equipment (MYR200M).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Singapore was explained primarily by an increase in product exports in Integrated Circuits (MYR827M or 28.5%), Crude Petroleum (MYR172M or 52.3%), and Tensile Testing Machines (MYR62.8M or 3.38k%). In September 2020, the decrease in Malaysia's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Refined Petroleum (MYR-1.24B or -37.2%), Integrated Circuits (MYR-184M or -9.31%), and Cyclic Hydrocarbons (MYR-74.4M or -73.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR1.48B(13.8%)
IMPORT GROWTH (September 2019 - September 2020)MYR-1.19B(-15.5%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Singapore and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Malaysia exported $49.6B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($14.7B), Refined Petroleum ($10.9B), and Machinery Having Individual Functions ($1.65B). During the last 26 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.5%, from $15.8B in 1995 to $49.6B in 2021.

In 2021, Singapore exported $27.7B to Malaysia. The main products exported from Singapore to Malaysia were Refined Petroleum ($6.37B), Integrated Circuits ($4.6B), and Gold ($1.96B). During the last 26 years the exports of Singapore to Malaysia have increased at an annualized rate of 2.58%, from $14.3B in 1995 to $27.7B in 2021.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$49.6B
Singapore
Top DestinationChina$56.8B

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 2021, countries that imported more from Malaysia than Singapore were United States ($42.9B), Japan ($19B), and Mexico ($5.47B).

In 2021, countries that imported more from Singapore than Malaysia were Hong Kong ($54.5B), Cambodia ($11.2B), and China ($56.8B).

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

Comparative Advantage Malaysia - Singapore

Flow
Scale

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

During 2021, Malaysia had a large net trade with Singapore in the exports of Machines ($25.3B), Mineral Products ($12.1B), and Instruments ($2.24B).

During 2021, Singapore had a large net trade with Malaysia in the exports of Machines ($11.2B), Mineral Products ($6.92B), and Precious Metals ($2.25B).

Service Trade

Bilateral Service Trade

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.

Services Exports from Malaysia (Flag) to Singapore (Flag) (2010)

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

Product Space of Malaysia (Flag) and Singapore (Flag) (2021)

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