2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Singapore-Ireland Trade: In 2023, Singapore exported $1.13B to Ireland. The main products that Singapore exported to Ireland were Machinery Having Individual Functions ($301M), Vaccines, blood, antisera, toxins and cultures ($282M), and Nitrogen Heterocyclic Compounds ($215M). Over the past 5 years the exports of Singapore to Ireland have increased at an annualized rate of 14.7%, from $569M in 2018 to $1.13B in 2023.

In 2023, Singapore did not export any services to Ireland.

Ireland-Singapore Trade: In 2023, Ireland exported $960M to Singapore. The main products that Ireland exported to Singapore were Vaccines, blood, antisera, toxins and cultures ($296M), Chemical Analysis Instruments ($123M), and Industrial Printers ($50.2M). Over the past 5 years the exports of Ireland to Singapore have decreased at an annualized rate of 0.16%,  from $968M in 2018 to $960M in 2023.

In 2020, Ireland exported services to Singapore worth $1.44B, with Other business services ($1.22B), Financial services ($137M), and Travel ($62.8M) being the largest in terms of value.

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $1.13B to Ireland. The main products exported from Singapore to Ireland were Machinery Having Individual Functions ($301M), Vaccines, blood, antisera, toxins and cultures ($282M), and Nitrogen Heterocyclic Compounds ($215M). During the last 5 years the exports of Singapore to Ireland have increased at an annualized rate of 14.7%, from $569M in 2018 to $1.13B in 2023.

In 2018, Ireland exported $960M to Singapore. The main products exported from Ireland to Singapore were Vaccines, blood, antisera, toxins and cultures ($296M), Chemical Analysis Instruments ($123M), and Industrial Printers ($50.2M). During the last 5 years the exports of Ireland to Singapore have decreased at an annualized rate of 0.16%, from $968M in 2023 to $960M in 2018.

Exports from Singapore (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Ireland (Flag)

Singapore Exports

Ireland Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Singapore than Ireland included Hong Kong ($44.5B), Malaysia ($31.4B), and South Korea ($20.1B).

In 2023, countries that imported more from Ireland than Singapore included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Ireland

Flow
Scale

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

During 2023, Singapore had a large net trade with Ireland in the exports of Chemical Products ($636M), Machines ($378M), and Instruments ($49.6M).

During 2018, Ireland had a large net trade with Singapore in the exports of Chemical Products ($396M), Instruments ($246M), and Machines ($181M).

Bilateral Service Trade

In 2020, Ireland exported services to Singapore worth $1.44B, with Other business services ($1.22B), Financial services ($137M), and Travel ($62.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Singapore (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Ireland (Flag) (2023)

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