Singapore / Malaysia

Singapore-Malaysia: In 2018, Singapore exported $32.3B to Malaysia. The main products exported from Singapore to Malaysia were Refined Petroleum ($10.5B), Integrated Circuits ($7.14B), and Gold ($720M). During the last 23 years the exports of Singapore to Malaysia have increased at an annualized rate of 4.91%, from $10.7B in 1995 to $32.3B in 2018.

Malaysia-Singapore: In 2018, Malaysia exported $36.8B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($9.73B), Refined Petroleum ($6.37B), and Semiconductor Devices ($1.3B). During the last 23 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.02%, from $18.6B in 1995 to $36.8B in 2018. In 2010, Malaysia exported services to Singapore worth $10.7B, with Travel ($9.17B), Other business services ($868M), and Transportation ($362M) being the largest in terms of value.

Comparison: In 2018, Singapore ranked 6 in the Economic Complexity Index (ECI 1.71), and 17 in total exports ($323B). That same year, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B). In terms of GDP Per Capita, Singapore was ranked 9 with a GDP Per Capita of $64,582, and Malaysia was ranked 68 with a GDP Per Capita of $11,373.