Singapore (SGP) and Malaysia (MYS) Trade | OEC - The Observatory of Economic Complexity

About

Singapore-Malaysia In 2020, Singapore exported $22.9B to Malaysia. The main products that Singapore exported to Malaysia are Integrated Circuits ($5.7B), Refined Petroleum ($4.33B), and Gold ($894M). During the last 25 years the exports of Singapore to Malaysia have increased at an annualized rate of 1.88%, from $14.4B in 1995 to $22.9B in 2020.

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

Malaysia-Singapore In 2020, Malaysia exported $36.5B to Singapore. The main products that Malaysia exported to Singapore were Integrated Circuits ($11.1B), Refined Petroleum ($5.63B), and Office Machine Parts ($1.24B). During the last 25 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.4%, from $15.8B in 1995 to $36.5B in 2020.

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 2020, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B). That same year, Malaysia ranked 25 in the Economic Complexity Index (ECI 1.02), and 20 in total exports ($266B).

Historical Data

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2020, Singapore exported $22.9B to Malaysia. The main products exported from Singapore to Malaysia were Integrated Circuits ($5.7B), Refined Petroleum ($4.33B), and Gold ($894M). During the last 25 years the exports of Singapore to Malaysia have increased at an annualized rate of 1.88%, from $14.4B in 1995 to $22.9B in 2020.

In 2020, Malaysia exported $36.5B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($11.1B), Refined Petroleum ($5.63B), and Office Machine Parts ($1.24B). During the last 25 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.4%, from $15.8B in 1995 to $36.5B in 2020.

Latest Data

#

Singapore Exports

#

Date

Malaysia Exports

#

Date

Market Competitiveness

#

Measure

SectionYear

Singapore
Top Destination: China, $42.9B

Malaysia
Top Destination: China, $38.7B

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

In 2019, countries that imported more from Singapore than Malaysia were Hong Kong ($41.7B), Indonesia ($14.8B), and China ($42.9B).

In 2019, countries that imported more from Malaysia than Singapore were Mexico ($10.2B), United States ($33.8B), and Japan ($15.6B).

Comparative Advantage Singapore - Malaysia

#

Flow

Year

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

During 2020, Singapore had a large net trade with Malaysia in the exports of Machines ($11.3B), Mineral Products ($4.6B), and Chemical Products ($1.51B).

During 2020, Malaysia had a large net trade with Singapore in the exports of Machines ($20B), Mineral Products ($6.81B), and Instruments ($1.83B).

Service Trade

#

Bilateral Service Trade

#

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.

Service trade data is presented based on availability.

Economic Complexity

#

Competitive Landscape

#

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Singapore Exports

Malaysia Exports

Market Competitiveness

Comparative Advantage Singapore - Malaysia

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

Related Profiles