Singapore / Spain

Singapore-Spain Trade: In 2022, Singapore exported $596M to Spain. The main products that Singapore exported to Spain were Gas Turbines ($94.1M), Packaged Medicaments ($84.3M), and Planes, Helicopters, and/or Spacecraft ($49.3M). Over the past 5 years the exports of Singapore to Spain have increased at an annualized rate of 8.79%, from $391M in 2017 to $596M in 2022.

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

Spain-Singapore Trade: In 2022, Spain exported $1.83B to Singapore. The main products that Spain exported to Singapore were Vaccines, blood, antisera, toxins and cultures ($673M), Refined Petroleum ($216M), and Planes, Helicopters, and/or Spacecraft ($169M). Over the past 5 years the exports of Spain to Singapore have increased at an annualized rate of 15%,  from $688M in 2017 to $1.83B in 2022.

In 2009, Spain exported services to Singapore worth $313M, with Services not allocated ($225M) and Transportation ($87.9M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).