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2023
Flag → Flag
Exports $86.1MRnk 88 / 217
2023
Flag → Flag
Top Product $19.9MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $1.34BRnk 17 / 144
2023
Flag → Flag
Top Product $1.03BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Singapore-Kazakhstan Trade: In 2023, Singapore exported $86.1M to Kazakhstan. The main products that Singapore exported to Kazakhstan were Planes, Helicopters, and/or Spacecraft ($19.9M), Orthopedic Appliances ($6.59M), and Refined Petroleum ($5.67M). Over the past 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 12.4%, from $47.9M in 2018 to $86.1M in 2023.

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

Kazakhstan-Singapore Trade: In 2023, Kazakhstan exported $1.34B to Singapore. The main products that Kazakhstan exported to Singapore were Crude Petroleum ($1.03B), Gold ($234M), and Refined Petroleum ($74.4M). Over the past 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 29.3%,  from $370M in 2018 to $1.34B in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $86.1M to Kazakhstan. The main products exported from Singapore to Kazakhstan were Planes, Helicopters, and/or Spacecraft ($19.9M), Orthopedic Appliances ($6.59M), and Refined Petroleum ($5.67M). During the last 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 12.4%, from $47.9M in 2018 to $86.1M in 2023.

In 2018, Kazakhstan exported $1.34B to Singapore. The main products exported from Kazakhstan to Singapore were Crude Petroleum ($1.03B), Gold ($234M), and Refined Petroleum ($74.4M). During the last 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 29.3%, from $370M in 2023 to $1.34B in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Kazakhstan (Flag)

Singapore Exports

Kazakhstan Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Singapore than Kazakhstan included Hong Kong ($44.5B), Malaysia ($31.4B), and United States ($32.9B).

In 2023, countries that imported more from Kazakhstan than Singapore included United Kingdom ($14.3B), Russia ($9.78B), and Turkey ($5.42B).

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

Comparative Advantage Singapore - Kazakhstan

Flow
Scale

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

During 2023, Singapore had a large net trade with Kazakhstan in the exports of Machines ($23.1M), Transportation ($20.7M), and Instruments ($17.6M).

During 2018, Kazakhstan had a large net trade with Singapore in the exports of Mineral Products ($1.1B), Precious Metals ($234M), and Metals ($2.63M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Kazakhstan+$10.1MGas Turbines
Top Product Potential Kazakhstan Singapore+$387MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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