Flag Russia / Singapore Flag

2020
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Exports
: $1.32B, Rnk 46 / 187

2020
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Top Product
: $1.09B, Refined Petroleum

2020
FlagFlag
Exports
: $589M, Rnk 35 / 212

2020
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Top Product
: $38.9M, Cocoa Butter

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

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

2020
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GDP
: $1.49T, CURRENT US$
Rnk 11 / 204

2010-2020
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GDP GROWTH
: -2.4%, CURRENT US$
Rnk 168 / 204

2020
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 GDP
: $345B, CURRENT US$
Rnk 36 / 204

2010-2020
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GDP GROWTH
: 44%, CURRENT US$
Rnk 68 / 204

2020
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GDP PC 
: $10,162, CURRENT US$
Rnk 78 / 204

2010-2020
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GDP PC GROWTH
: -4.81%, CURRENT US$
Rnk 157 / 204

2020
Flag
GDP PC
: $60,729, CURRENT US$
Rnk 11 / 204

2010-2020
Flag
GDP PC GROWTH
: 28.6%, CURRENT US$
Rnk 68 / 204

Russia-Singapore In 2020, Russia exported $1.32B to Singapore. The main products that Russia exported to Singapore are Refined Petroleum ($1.09B), Crude Petroleum ($68.3M), and Raw Nickel ($37.9M). During the last 25 years the exports of Russia to Singapore have increased at an annualized rate of 6.27%, from $289M in 1995 to $1.32B in 2020.

In 2020, Russia exported services to Singapore worth $609M, with Transportation ($283M), Other business services ($137M), and Computer and information services ($72.8M) being the largest in terms of value.

Singapore-Russia In 2020, Singapore exported $589M to Russia. The main products that Singapore exported to Russia were Cocoa Butter ($38.9M), Low-voltage Protection Equipment ($37.5M), and Navigation Equipment ($37.4M). During the last 25 years the exports of Singapore to Russia have decreased at an annualized rate of 1.65%, from $893M in 1995 to $589M in 2020.

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

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B). 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, Russia exported $1.32B to Singapore. The main products exported from Russia to Singapore were Refined Petroleum ($1.09B), Crude Petroleum ($68.3M), and Raw Nickel ($37.9M). During the last 25 years the exports of Russia to Singapore have increased at an annualized rate of 6.27%, from $289M in 1995 to $1.32B in 2020.

In 2020, Singapore exported $589M to Russia. The main products exported from Singapore to Russia were Cocoa Butter ($38.9M), Low-voltage Protection Equipment ($37.5M), and Navigation Equipment ($37.4M). During the last 25 years the exports of Singapore to Russia have decreased at an annualized rate of 1.65%, from $893M in 1995 to $589M in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

Singapore
Top Destination
: China, $42.9B

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

In 2019, countries that imported more from Russia than Singapore were United Kingdom ($25.3B), Netherlands ($22.5B), and Belarus ($15.8B).

In 2019, countries that imported more from Singapore than Russia were Hong Kong ($41.7B), Malaysia ($22.9B), and United States ($27.6B).

Comparative Advantage Russia - Singapore

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Flow

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

During 2020, Russia had a large net trade with Singapore in the exports of Mineral Products ($1.17B), Metals ($77.2M), and Chemical Products ($29.7M).

During 2020, Singapore had a large net trade with Russia in the exports of N/A.

Bilateral Service Trade

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In 2020, Russia exported services to Singapore worth $609M, with Transportation ($283M), Other business services ($137M), and Computer and information services ($72.8M) 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 Russia has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Russia.