Flag Singapore / Burma Flag

2020
FlagFlag
Exports
: $2.67B, Rnk 19 / 212

2020
FlagFlag
Top Product
: $1.69B, Refined Petroleum

2020
FlagFlag
Exports
: $136M, Rnk 24 / 159

2020
FlagFlag
Top Product
: $12.3M, Pearl Products

2020
Flag
Economic Complexity (ECI)
: ECI 1.84, Rnk 6 / 127

2020
Flag
Economic Complexity (ECI)
: ECI -1.18, Rnk 110 / 127

2020
Flag  
GDP
: $345B, CURRENT US$
Rnk 36 / 204

2010-2020
Flag
GDP GROWTH
: 44%, CURRENT US$
Rnk 68 / 204

2020
Flag
 GDP
: $78.9B, CURRENT US$
Rnk 67 / 204

2010-2020
Flag
GDP GROWTH
: 109%, CURRENT US$
Rnk 16 / 204

2020
Flag
GDP PC 
: $60,729, CURRENT US$
Rnk 11 / 204

2010-2020
Flag
GDP PC GROWTH
: 28.6%, CURRENT US$
Rnk 68 / 204

2020
Flag
GDP PC
: $1,451, CURRENT US$
Rnk 169 / 204

2010-2020
Flag
GDP PC GROWTH
: 94.2%, CURRENT US$
Rnk 10 / 204

Singapore-Burma In 2020, Singapore exported $2.67B to Burma. The main products that Singapore exported to Burma are Refined Petroleum ($1.69B), Electric Generating Sets ($152M), and Other Edible Preparations ($74.7M). During the last 25 years the exports of Singapore to Burma have increased at an annualized rate of 5.94%, from $631M in 1995 to $2.67B in 2020.

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

Burma-Singapore In 2020, Burma exported $136M to Singapore. The main products that Burma exported to Singapore were Pearl Products ($12.3M), Excavation Machinery ($10.6M), and Crude Petroleum ($10.5M). During the last 25 years the exports of Burma to Singapore have decreased at an annualized rate of 1.48%, from $198M in 1995 to $136M in 2020.

In 2020, Burma 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, Burma ranked 110 in the Economic Complexity Index (ECI -1.18), and 69 in total exports ($19.4B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Singapore exported $2.67B to Burma. The main products exported from Singapore to Burma were Refined Petroleum ($1.69B), Electric Generating Sets ($152M), and Other Edible Preparations ($74.7M). During the last 25 years the exports of Singapore to Burma have increased at an annualized rate of 5.94%, from $631M in 1995 to $2.67B in 2020.

In 2020, Burma exported $136M to Singapore. The main products exported from Burma to Singapore were Pearl Products ($12.3M), Excavation Machinery ($10.6M), and Crude Petroleum ($10.5M). During the last 25 years the exports of Burma to Singapore have decreased at an annualized rate of 1.48%, from $198M in 1995 to $136M in 2020.

Singapore Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Singapore
Top Destination
: China, $42.9B

Burma
Top Destination
: China, $5.37B

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

In 2019, countries that imported more from Singapore than Burma were Hong Kong ($41.7B), China ($42.9B), and United States ($27.6B).

In 2019, countries that imported more from Burma than Singapore were Spain ($755M), Madagascar ($32.7M), and Lithuania ($28.9M).

Comparative Advantage Singapore - Burma

#permalink to section
Flow
Scale

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

During 2020, Singapore had a large net trade with Burma in the exports of Mineral Products ($1.69B), Machines ($444M), and Foodstuffs ($137M).

During 2020, Burma had a large net trade with Singapore in the exports of Textiles ($26.9M), Vegetable Products ($21.8M), and Precious Metals ($21.6M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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