Singapore (SGP) and Indonesia (IDN) Trade | OEC - The Observatory of Economic Complexity

About

Singapore-Indonesia In 2020, Singapore exported $14.8B to Indonesia. The main products that Singapore exported to Indonesia are Refined Petroleum ($3.82B), Gold ($495M), and Integrated Circuits ($397M). During the last 25 years the exports of Singapore to Indonesia have increased at an annualized rate of 7.85%, from $2.23B in 1995 to $14.8B in 2020.

In 2020, Singapore did not export any services to Indonesia.

Indonesia-Singapore In 2020, Indonesia exported $12.6B to Singapore. The main products that Indonesia exported to Singapore were Gold ($3.31B), Petroleum Gas ($1.69B), and Refined Petroleum ($375M). During the last 25 years the exports of Indonesia to Singapore have increased at an annualized rate of 4.93%, from $3.77B in 1995 to $12.6B in 2020.

In 2020, Indonesia did not export any services to Singapore.

Comparison In 2020, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B). That same year, Indonesia ranked 64 in the Economic Complexity Index (ECI -0.093), and 28 in total exports ($178B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Singapore exported $14.8B to Indonesia. The main products exported from Singapore to Indonesia were Refined Petroleum ($3.82B), Gold ($495M), and Integrated Circuits ($397M). During the last 25 years the exports of Singapore to Indonesia have increased at an annualized rate of 7.85%, from $2.23B in 1995 to $14.8B in 2020.

In 2020, Indonesia exported $12.6B to Singapore. The main products exported from Indonesia to Singapore were Gold ($3.31B), Petroleum Gas ($1.69B), and Refined Petroleum ($375M). During the last 25 years the exports of Indonesia to Singapore have increased at an annualized rate of 4.93%, from $3.77B in 1995 to $12.6B in 2020.

Latest Data

Singapore Exports

Date

Indonesia Exports

Date

Market Competitiveness

Measure

SectionYear

Singapore
Top Destination: China, $42.9B

Indonesia
Top Destination: China, $32.6B

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

In 2019, countries that imported more from Singapore than Indonesia were Hong Kong ($41.7B), Malaysia ($22.9B), and China ($42.9B).

In 2019, countries that imported more from Indonesia than Singapore were Japan ($14.4B), Pakistan ($2.43B), and Italy ($2.11B).

Comparative Advantage Singapore - Indonesia

Flow

Scale

Year

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

During 2020, Singapore had a large net trade with Indonesia in the exports of Machines ($4.5B), Mineral Products ($4.08B), and Chemical Products ($1.63B).

During 2020, Indonesia had a large net trade with Singapore in the exports of Precious Metals ($3.52B), Machines ($2.64B), and Mineral Products ($2.41B).

Economic Complexity

Competitive Landscape

Year

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 Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

Latest Data

Singapore Exports

Indonesia Exports

Market Competitiveness

Comparative Advantage Singapore - Indonesia

Economic Complexity

Competitive Landscape

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