2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Singapore-Czechia Trade: In 2022, Singapore exported $394M to Czechia. The main products that Singapore exported to Czechia were Office Machine Parts ($67.6M), Broadcasting Equipment ($53.7M), and Integrated Circuits ($45.7M). Over the past 5 years the exports of Singapore to Czechia have decreased at an annualized rate of 5.5%, from $523M in 2017 to $394M in 2022.

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

Czechia-Singapore Trade: In 2022, Czechia exported $549M to Singapore. The main products that Czechia exported to Singapore were Broadcasting Equipment ($124M), Office Machine Parts ($67.3M), and Computers ($34.5M). Over the past 5 years the exports of Czechia to Singapore have increased at an annualized rate of 8.55%,  from $364M in 2017 to $549M in 2022.

In 2019, Czechia exported services to Singapore worth $70.9M, with Computer and information services ($33.5M), Transportation ($16.3M), and Other business services ($15.4M) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $394M to Czechia. The main products exported from Singapore to Czechia were Office Machine Parts ($67.6M), Broadcasting Equipment ($53.7M), and Integrated Circuits ($45.7M). During the last 5 years the exports of Singapore to Czechia have decreased at an annualized rate of 5.5%, from $523M in 2017 to $394M in 2022.

In 2017, Czechia exported $549M to Singapore. The main products exported from Czechia to Singapore were Broadcasting Equipment ($124M), Office Machine Parts ($67.3M), and Computers ($34.5M). During the last 5 years the exports of Czechia to Singapore have increased at an annualized rate of 8.55%, from $364M in 2022 to $549M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Czechia (Flag)

Singapore Exports

Czechia Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Singapore than Czechia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Czechia than Singapore included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Singapore - Czechia

Flow
Scale

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

During 2022, Singapore had a large net trade with Czechia in the exports of Machines ($266M), Chemical Products ($53M), and Instruments ($39.1M).

During 2017, Czechia had a large net trade with Singapore in the exports of Machines ($424M), Instruments ($58.7M), and Transportation ($14.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Czechia+$50.8MIntegrated Circuits
Top Product Potential Czechia Singapore+$61.9MTelephones

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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Bilateral Service Trade

In 2019, Czechia exported services to Singapore worth $70.9M, with Computer and information services ($33.5M), Transportation ($16.3M), and Other business services ($15.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Singapore (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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