Flag Singapore / Hong Kong Flag

2019
Flag β†’ Flag  
Exports
: $39.1B, Rnk 2 / 214

2019
Flag β†’ Flag
Top Product
: $24.2B, Integrated Circuits

2019
Flag β†’ Flag
Exports
: $3.65B, Rnk 8 / 196

2019
Flag β†’ Flag
Top Product
: $871M, Gold

2019
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Economic Complexity (ECI)
: ECI 1.83, Rnk 6 / 157

2019
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Economic Complexity (ECI)
: ECI 1.06, Rnk 28 / 157

2019
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GDP
: $372B, CURRENT US$
Rnk 33 / 187

2009-2019
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GDP GROWTH
: 91.6%, CURRENT US$
Rnk 36 / 187

2019
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 GDP
: $366B, CURRENT US$
Rnk 34 / 187

2009-2019
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GDP GROWTH
: 70.9%, CURRENT US$
Rnk 59 / 187

2019
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GDP PC 
: $65,233, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP PC GROWTH
: 67.6%, CURRENT US$
Rnk 34 / 187

2019
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GDP PC 
: $48,713, CURRENT US$
Rnk 17 / 187

2009-2019
Flag
GDP PC GROWTH
: 58.7%, CURRENT US$
Rnk 46 / 187

Singapore-Hong Kong: In 2019, Singapore exported $39.1B to Hong Kong. The main products that Singapore exported to Hong Kong are Integrated Circuits ($24.2B), Refined Petroleum ($2.58B), and Semiconductor Devices ($1.68B). During the last 24 years the exports of Singapore to Hong Kong have increased at an annualized rate of 5.69%, from $10.4B in 1995 to $39.1B in 2019.

In 2017, Singapore exported services to Hong Kong worth $3.83B, with Other business services ($2.07B), Transportation ($1.44B), and Insurance services ($220M) being the largest in terms of value.

Hong Kong-Singapore: In 2019, Hong Kong exported $3.65B to Singapore . The main products that Hong Kong exported to Singapore were Gold ($871M), Jewellery ($358M), and Integrated Circuits ($222M). During the last 24 years the exports of Hong Kong to Singapore have decreased at an annualized rate of 0.53%, from $4.15B in 1995 to $3.65B in 2019.

In 2019, Hong Kong did not exported services to Singapore.

Comparison: In 2019,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.83), and 18 in total exports ($301B). That same year, Hong Kong ranked 28 in the Economic Complexity Index (ECI 1.06), and 34 in total exports ($118B).

Bilateral Trade by Products

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Depth
Value

In 2019, Singapore exported $39.1B to Hong Kong. The main products exported from Singapore to Hong Kong were Integrated Circuits ($24.2B), Refined Petroleum ($2.58B), and Semiconductor Devices ($1.68B). During the last 24 years the exports of Singapore to Hong Kong have increased at an annualized rate of 5.69%, from $10.4B in 1995 to $39.1B in 2019.

In 2019, Hong Kong exported $3.65B to Singapore. The main products exported from Hong Kong to Singapore were Gold ($871M), Jewellery ($358M), and Integrated Circuits ($222M). During the last 24 years the exports of Hong Kong to Singapore have decreased at an annualized rate of 0.53%, from $4.15B in 1995 to $3.65B in 2019.

Market Competitiveness

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Measure

Singapore
Top Destination
: China, $45.8B

Hong Kong
Top Destination
: China, $26.8B

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

In 2019, countries that imported more from Singapore than Hong Kong were Malaysia ($28.2B), United States ($24.8B), and China ($45.8B).

In 2019, countries that imported more from Hong Kong than Singapore were United Kingdom ($6.21B), India ($17B), and Macau ($2.92B).

Comparative Advantage Singapore - Hong Kong

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Depth

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

During 2019, Singapore had a large net trade with Hong Kong in the exports of Machines ($31.4B), Mineral Products ($2.59B), and Precious Metals ($1.54B).

During 2019, Hong Kong had a large net trade with Singapore in the exports of Precious Metals ($1.55B), Machines ($1.35B), and Chemical Products ($137M).

Bilateral Service Trade

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In 2017, Singapore exported services to Hong Kong worth $3.83B, with Other business services ($2.07B), Transportation ($1.44B), and Insurance services ($220M) 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 red.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Hong Kong. Similarly, the more red a dot/product is, the more Hong Kong has comparative advantage over Singapore.