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2023
Flag → Flag
Exports $170MRnk 70 / 217
2023
Flag → Flag
Top Product $40MPackaged Medicaments
2023
Flag → Flag
Exports $115MRnk 61 / 168
2023
Flag → Flag
Top Product $31.2MMolluscs
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Singapore-Argentina Trade: In 2023, Singapore exported $170M to Argentina. The main products that Singapore exported to Argentina were Packaged Medicaments ($40M), Rubber Footwear ($17.6M), and Broadcasting Equipment ($10M). Over the past 5 years the exports of Singapore to Argentina have increased at an annualized rate of 4.36%, from $137M in 2018 to $170M in 2023.

In 2023, Singapore did not export any services to Argentina.

Argentina-Singapore Trade: In 2023, Argentina exported $115M to Singapore. The main products that Argentina exported to Singapore were Molluscs ($31.2M), Shaving Products ($25.9M), and Refined Petroleum ($14.3M). Over the past 5 years the exports of Argentina to Singapore have increased at an annualized rate of 9.57%,  from $55.4M in 2018 to $115M in 2023.

In 2023, Argentina did not export any services to Singapore.

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $170M to Argentina. The main products exported from Singapore to Argentina were Packaged Medicaments ($40M), Rubber Footwear ($17.6M), and Broadcasting Equipment ($10M). During the last 5 years the exports of Singapore to Argentina have increased at an annualized rate of 4.36%, from $137M in 2018 to $170M in 2023.

In 2018, Argentina exported $115M to Singapore. The main products exported from Argentina to Singapore were Molluscs ($31.2M), Shaving Products ($25.9M), and Refined Petroleum ($14.3M). During the last 5 years the exports of Argentina to Singapore have increased at an annualized rate of 9.57%, from $55.4M in 2023 to $115M in 2018.

Exports from Singapore (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Argentina (Flag)

Singapore Exports

Argentina Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Singapore than Argentina included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

In 2023, countries that imported more from Argentina than Singapore included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

Difference in imports from Argentina (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Argentina

Flow
Scale

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

During 2023, Singapore had a large net trade with Argentina in the exports of Chemical Products ($63.2M), Machines ($48.5M), and Footwear and Headwear ($21.6M).

During 2018, Argentina had a large net trade with Singapore in the exports of Animal Products ($46.1M), Chemical Products ($30.6M), and Foodstuffs ($15.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Argentina+$6.63MIntegrated Circuits
Top Product Potential Argentina Singapore+$3.85MWine

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Argentina. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Argentina (Flag) (2023)

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