Flag Singapore / Burma Flag

Exports Flag β†’ Flag  (2018): $2.81B, Rnk 20 / 213

Top Product Flag β†’ Flag (2018): $1.79B, Refined Petroleum

Exports Flag β†’ Flag (2018): $220M, Rnk 15 / 144

Top Product Flag β†’ Flag (2018): $49M, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.71, Rnk 6 / 137

Economic Complexity of Flag (2018): ECI -1.24, Rnk 122 / 137

Singapore-Burma: In 2018, Singapore exported $2.81B to Burma. The main products exported from Singapore to Burma were Refined Petroleum ($1.79B), Malt Extract ($53.3M), and Other Edible Preparations ($53M). During the last 23 years the exports of Singapore to Burma have increased at an annualized rate of 6.7%, from $631M in 1995 to $2.81B in 2018.

Burma-Singapore: In 2018, Burma exported $220M to Singapore. The main products exported from Burma to Singapore were Crude Petroleum ($49M), Refined Copper ($26.6M), and Rolled Tobacco ($22.8M). During the last 23 years the exports of Burma to Singapore have increased at an annualized rate of 0.39%, from $201M in 1995 to $220M in 2018.

Comparison: In 2018, Singapore ranked 6 in the Economic Complexity Index (ECI 1.71), and 17 in total exports ($323B). That same year, Burma ranked 122 in the Economic Complexity Index (ECI -1.24), and 72 in total exports ($20B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Singapore exported $2.81B to Burma. The main products exported from Singapore to Burma were Refined Petroleum ($1.79B), Malt Extract ($53.3M), and Other Edible Preparations ($53M). During the last 23 years the exports of Singapore to Burma have increased at an annualized rate of 6.7%, from $631M in 1995 to $2.81B in 2018.

In 2018, Burma exported $220M to Singapore. The main products exported from Burma to Singapore were Crude Petroleum ($49M), Refined Copper ($26.6M), and Rolled Tobacco ($22.8M). During the last 23 years the exports of Burma to Singapore have increased at an annualized rate of 0.39%, from $201M in 1995 to $220M in 2018.

Market Competitiveness

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Measure

Singapore
Top Destination
: China, $44.3B

Burma
Top Destination
: Thailand, $5.27B

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 2018, countries that imported more from Singapore than Burma were Hong Kong ($41.5B), China ($44.3B), and Malaysia ($32.3B).

In 2018, countries that imported more from Burma than Singapore were Guinea ($57M), Cote d'Ivoire ($50.4M), and Burkina Faso ($20.3M).

Comparative Advantage Singapore - Burma

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Depth

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

During 2018, Singapore had a large net trade with Burma in the exports of Mineral Products ($1.81B), Machines ($382M), and Foodstuffs ($151M).

During 2018, Burma had a large net trade with Singapore in the exports of Mineral Products ($67.2M), Metals ($32.7M), and Foodstuffs ($26.3M).

Trade Forecasts

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This section shows a forecast for total trade between Singapore and Burma. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Burma. Similarly, the more red a dot/product is, the more Burma has comparative advantage over Singapore.