2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Northern Mariana Islands Trade: In 2023, Singapore exported $87.9M to Northern Mariana Islands. The main products that Singapore exported to Northern Mariana Islands were Refined Petroleum ($86.1M), Hard Liquor ($405k), and Plywood ($194k). Over the past 5 years the exports of Singapore to Northern Mariana Islands have increased at an annualized rate of 20.9%, from $34M in 2018 to $87.9M in 2023.

In 2023, Singapore did not export any services to Northern Mariana Islands.

Northern Mariana Islands-Singapore Trade: In 2023, Northern Mariana Islands exported $271k to Singapore. The main products that Northern Mariana Islands exported to Singapore were Electric Batteries ($132k), Steam Turbines ($25.7k), and Liquid Dispersing Machines ($24.1k). Over the past 5 years the exports of Northern Mariana Islands to Singapore have increased at an annualized rate of 24.4%,  from $91.1k in 2018 to $271k in 2023.

In 2023, Northern Mariana Islands 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, Northern Mariana Islands ranked 225 in total exports ($1.33M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $87.9M to Northern Mariana Islands. The main products exported from Singapore to Northern Mariana Islands were Refined Petroleum ($86.1M), Hard Liquor ($405k), and Plywood ($194k). During the last 5 years the exports of Singapore to Northern Mariana Islands have increased at an annualized rate of 20.9%, from $34M in 2018 to $87.9M in 2023.

In 2018, Northern Mariana Islands exported $271k to Singapore. The main products exported from Northern Mariana Islands to Singapore were Electric Batteries ($132k), Steam Turbines ($25.7k), and Liquid Dispersing Machines ($24.1k). During the last 5 years the exports of Northern Mariana Islands to Singapore have increased at an annualized rate of 24.4%, from $91.1k in 2023 to $271k in 2018.

Exports from Singapore (Flag) to Northern Mariana Islands (Flag) (2023)

Exports from Northern Mariana Islands (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Northern Mariana Islands (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Northern Mariana Islands
Top Destination
Sweden$283k

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

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

In 2023, no countries were registered that imported more from Northern Mariana Islands than from Singapore.

Difference in imports from Northern Mariana Islands (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Northern Mariana Islands

Flow
Scale

This chart compares trade between Singapore and Northern Mariana Islands by product, considering products traded by both, Singapore and Northern Mariana Islands.

During 2023, Singapore had a large net trade with Northern Mariana Islands in the exports of Mineral Products ($86.2M), Foodstuffs ($903k), and Wood Products ($194k).

During 2018, Northern Mariana Islands had a large net trade with Singapore in the exports of Machines ($261k), Instruments ($6.3k), and Precious Metals ($1.48k).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Northern Mariana Islands (Flag) (2023)

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