Singapore / Australia

Singapore-Australia In 2020, Singapore exported $6.26B to Australia. The main products that Singapore exported to Australia are Refined Petroleum ($2.82B), Other Edible Preparations ($379M), and Crude Petroleum ($333M). During the last 25 years the exports of Singapore to Australia have increased at an annualized rate of 4.58%, from $2.04B in 1995 to $6.26B in 2020.

In 2017, Singapore exported services to Australia worth $4.66B, with Transportation ($4.22B), Insurance services ($281M), and Royalties and license fees ($123M) being the largest in terms of value.

Australia-Singapore In 2020, Australia exported $7.1B to Singapore . The main products that Australia exported to Singapore were Iron Ore ($2.13B), Gold ($988M), and Petroleum Gas ($659M). During the last 25 years the exports of Australia to Singapore have increased at an annualized rate of 4.04%, from $2.64B in 1995 to $7.1B in 2020.

In 2018, Australia exported services to Singapore worth $3.63B, with Other business services ($1.32B), Travel ($1.19B), and Transportation ($661M) being the largest in terms of value.

Comparison In 2020,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B). That same year, Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B).