Singapore (SGP) and Malaysia (MYS) Trade

About

Singapore-Malaysia: In 2019, Singapore exported $28.2B to Malaysia. The main products that Singapore exported to Malaysia are Refined Petroleum ($8.03B), Integrated Circuits ($5.97B), and Gold ($1.09B). During the last 24 years the exports of Singapore to Malaysia have increased at an annualized rate of 3.02%, from $13.8B in 1995 to $28.2B in 2019.

In 2019, Singapore did not exported services to Malaysia.

Malaysia-Singapore: In 2019, Malaysia exported $36.2B to Singapore . The main products that Malaysia exported to Singapore were Integrated Circuits ($9.26B), Refined Petroleum ($6B), and Semiconductor Devices ($1.31B). During the last 24 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.62%, from $15.4B in 1995 to $36.2B in 2019.

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 2019, Singapore ranked 6 in the Economic Complexity Index (ECI 1.83), and 18 in total exports ($301B). That same year, Malaysia ranked 25 in the Economic Complexity Index (ECI 1.14), and 21 in total exports ($273B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, Singapore exported $28.2B to Malaysia. The main products exported from Singapore to Malaysia were Refined Petroleum ($8.03B), Integrated Circuits ($5.97B), and Gold ($1.09B). During the last 24 years the exports of Singapore to Malaysia have increased at an annualized rate of 3.02%, from $13.8B in 1995 to $28.2B in 2019.

In 2019, Malaysia exported $36.2B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($9.26B), Refined Petroleum ($6B), and Semiconductor Devices ($1.31B). During the last 24 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.62%, from $15.4B in 1995 to $36.2B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Singapore
Top Destination: China, $45.8B

Malaysia
Top Destination: Singapore, $36.2B

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 ($39.1B), Indonesia ($19.8B), and China ($45.8B).

In 2019, countries that imported more from Malaysia than Singapore were Mexico ($11.1B), United States ($30.7B), and Japan ($16.3B).

Comparative Advantage Singapore - Malaysia

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Depth

Year

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

During 2019, Singapore had a large net trade with Malaysia in the exports of Machines ($11.9B), Mineral Products ($8.31B), and Chemical Products ($1.62B).

During 2019, Malaysia had a large net trade with Singapore in the exports of Machines ($17.8B), Mineral Products ($8.14B), and Instruments ($1.62B).

Service Trade

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Bilateral Service Trade

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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

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Competitive Landscape

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Year

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

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Singapore - Malaysia

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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