2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 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
$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Singapore-Macau Trade: In 2023, Singapore exported $234M to Macau. The main products that Singapore exported to Macau were Hard Liquor ($98.6M), Video and Card Games ($39.9M), and Refined Petroleum ($25.2M). Over the past 5 years the exports of Singapore to Macau have increased at an annualized rate of 0.85%, from $224M in 2018 to $234M in 2023.

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

Macau-Singapore Trade: In 2023, Macau exported $23.3M to Singapore. The main products that Macau exported to Singapore were Video and Card Games ($13.7M), Hard Liquor ($2.75M), and Reaction and Catalytic Products ($2.68M). Over the past 5 years the exports of Macau to Singapore have increased at an annualized rate of 9.8%,  from $14.6M in 2018 to $23.3M in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $234M to Macau. The main products exported from Singapore to Macau were Hard Liquor ($98.6M), Video and Card Games ($39.9M), and Refined Petroleum ($25.2M). During the last 5 years the exports of Singapore to Macau have increased at an annualized rate of 0.85%, from $224M in 2018 to $234M in 2023.

In 2018, Macau exported $23.3M to Singapore. The main products exported from Macau to Singapore were Video and Card Games ($13.7M), Hard Liquor ($2.75M), and Reaction and Catalytic Products ($2.68M). During the last 5 years the exports of Macau to Singapore have increased at an annualized rate of 9.8%, from $14.6M in 2023 to $23.3M in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Macau (Flag)

Singapore Exports

Macau Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Macau
Top Destination
Hong Kong$1.4B

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

In 2023, countries that imported more from Singapore than Macau included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from Macau than from Singapore.

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

Comparative Advantage Singapore - Macau

Flow
Scale

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

During 2023, Singapore had a large net trade with Macau in the exports of Foodstuffs ($129M), Miscellaneous ($41.6M), and Mineral Products ($25.3M).

During 2018, Macau had a large net trade with Singapore in the exports of Miscellaneous ($13.7M), Chemical Products ($3.2M), and Foodstuffs ($3.04M).

Economic Complexity

Competitive Landscape

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

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

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