2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Singapore-China Trade: In 2022, Singapore exported $53.1B to China. The main products that Singapore exported to China were Integrated Circuits ($15B), Machinery Having Individual Functions ($5.54B), and Ethylene Polymers ($2.69B). Over the past 5 years the exports of Singapore to China have increased at an annualized rate of 76%, from $3.15B in 2017 to $53.1B in 2022.

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 Trade: In 2022, China exported $50.8B to Singapore. The main products that China exported to Singapore were Refined Petroleum ($8.48B), Integrated Circuits ($6.58B), and Broadcasting Equipment ($4.65B). Over the past 5 years the exports of China to Singapore have increased at an annualized rate of 67%,  from $3.91B in 2017 to $50.8B in 2022.

In 2022, China did not export any services to Singapore.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $53.1B to China. The main products exported from Singapore to China were Integrated Circuits ($15B), Machinery Having Individual Functions ($5.54B), and Ethylene Polymers ($2.69B). During the last 5 years the exports of Singapore to China have increased at an annualized rate of 76%, from $3.15B in 2017 to $53.1B in 2022.

In 2017, China exported $50.8B to Singapore. The main products exported from China to Singapore were Refined Petroleum ($8.48B), Integrated Circuits ($6.58B), and Broadcasting Equipment ($4.65B). During the last 22 years the exports of China to Singapore have increased at an annualized rate of 67%, from $3.91B in 1995 to $50.8B in 2017.

Exports from Singapore (Flag) to China (Flag) (2022)

Exports from China (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and China (Flag)

Singapore Exports

China Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
China
Top Destination
United States$551B

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 2022, countries that imported more from Singapore than China included Guam ($444M), Fiji ($763M), and New Caledonia ($367M).

In 2022, countries that imported more from China than Singapore included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - China

Flow
Scale

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

During 2022, Singapore had a large net trade with China in the exports of Machines ($27.7B), Chemical Products ($6.55B), and Plastics and Rubbers ($5.72B).

During 2017, China had a large net trade with Singapore in the exports of Machines ($31.9B), Mineral Products ($8.73B), and Transportation ($7.02B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore China+N/AN/A
Top Product Potential China Singapore+$1.4BIntegrated Circuits

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and China (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with