Singapore / Japan

Singapore-Japan Trade: In 2022, Singapore exported $13.6B to Japan. The main products that Singapore exported to Japan were Integrated Circuits ($1.47B), Machinery Having Individual Functions ($1.05B), and Packaged Medicaments ($756M). Over the past 5 years the exports of Singapore to Japan have increased at an annualized rate of 9.63%, from $8.56B in 2017 to $13.6B in 2022.

In 2015, Singapore exported services to Japan worth $2.85B, with Transportation ($2.29B), Insurance services ($271M), and Royalties and license fees ($224M) being the largest in terms of value.

Japan-Singapore Trade: In 2022, Japan exported $21.1B to Singapore. The main products that Japan exported to Singapore were Gold ($2.47B), Refined Petroleum ($2.14B), and Machinery Having Individual Functions ($1.66B). Over the past 5 years the exports of Japan to Singapore have decreased at an annualized rate of 2.29%,  from $23.7B in 2017 to $21.1B in 2022.

In 2009, Japan exported services to Singapore worth $21.6B, with Services not allocated ($10.8B), Other business services ($7.31B), and Transportation ($2.3B) 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).