Flag Singapore / China Flag

2021
FlagFlag
Exports
: $56.8B, Rnk 1 / 211

2021
FlagFlag
Top Product
: $14.2B, Integrated Circuits

2021
FlagFlag
Exports
: $53.9B, Rnk 18 / 209

2021
FlagFlag
Top Product
: $6.26B, Integrated Circuits

2021
Flag
Economic Complexity (ECI)
: ECI 1.74, Rnk 6 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
Flag  
GDP
: $397B, CURRENT US$
Rnk 35 / 182

2011-2021
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GDP GROWTH
: 42.1%, CURRENT US$
Rnk 67 / 182

2021
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 GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
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GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
Flag
GDP PC 
: $72,794, CURRENT US$
Rnk 6 / 182

2011-2021
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GDP PC GROWTH
: 35.1%, CURRENT US$
Rnk 51 / 182

2021
Flag
GDP PC
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
Flag
GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

Singapore-China In 2021, Singapore exported $56.8B to China. The main products that Singapore exported to China are Integrated Circuits ($14.2B), Machinery Having Individual Functions ($3.13B), and Photo Lab Equipment ($2.8B). During the last 26 years the exports of Singapore to China have increased at an annualized rate of 11.8%, from $3.13B in 1995 to $56.8B in 2021.

In 2015, Singapore exported services to China worth $7.08B, with Transportation ($4.57B), Other business services ($1.83B), and Royalties and license fees ($392M) being the largest in terms of value.

China-Singapore In 2021, China exported $53.9B to Singapore. The main products that China exported to Singapore were Integrated Circuits ($6.26B), Refined Petroleum ($5.29B), and Computers ($3.65B). During the last 26 years the exports of China to Singapore have increased at an annualized rate of 10.6%, from $3.89B in 1995 to $53.9B in 2021.

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

Comparison In 2021,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.74), and 19 in total exports ($351B). That same year, China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Singapore exported $56.8B to China. The main products exported from Singapore to China were Integrated Circuits ($14.2B), Machinery Having Individual Functions ($3.13B), and Photo Lab Equipment ($2.8B). During the last 26 years the exports of Singapore to China have increased at an annualized rate of 11.8%, from $3.13B in 1995 to $56.8B in 2021.

In 2021, China exported $53.9B to Singapore. The main products exported from China to Singapore were Integrated Circuits ($6.26B), Refined Petroleum ($5.29B), and Computers ($3.65B). During the last 26 years the exports of China to Singapore have increased at an annualized rate of 10.6%, from $3.89B in 1995 to $53.9B in 2021.

Singapore Exports

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Market Competitiveness

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Color

Singapore
Top Destination
: China, $56.8B

China
Top Destination
: United States, $530B

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

In 2021, countries that imported more from Singapore than China were Guyana ($1.63B), Guam ($427M), and Brunei ($850M).

In 2021, countries that imported more from China than Singapore were United States ($530B), Hong Kong ($323B), and Japan ($168B).

Comparative Advantage Singapore - China

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Flow
Scale

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

During 2021, Singapore had a large net trade with China in the exports of Machines ($26B), Chemical Products ($7.97B), and Instruments ($6.37B).

During 2021, China had a large net trade with Singapore in the exports of Machines ($27.7B), Mineral Products ($5.6B), and Transportation ($4.46B).

Bilateral Service Trade

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In 2015, Singapore exported services to China worth $7.08B, with Transportation ($4.57B), Other business services ($1.83B), and Royalties and license fees ($392M) 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 Singapore has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Singapore.