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

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Singapore-Malaysia In 2022, Singapore exported $35.9B to Malaysia. The main products that Singapore exported to Malaysia are Refined Petroleum ($11.2B), Integrated Circuits ($7.78B), and Gold ($1.16B). During the last 27 years the exports of Singapore to Malaysia have increased at an annualized rate of 3.59%, from $13.8B in 1995 to $35.9B in 2022.

In 2022, Singapore did not export any services to Malaysia.

Malaysia-Singapore In 2022, Malaysia exported $53.8B to Singapore. The main products that Malaysia exported to Singapore were Integrated Circuits ($17.8B), Refined Petroleum ($10.1B), and Machinery Having Individual Functions ($2.77B). During the last 27 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.61%, from $15.9B in 1995 to $53.8B in 2022.

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 2022, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $35.9B to Malaysia. The main products exported from Singapore to Malaysia were Refined Petroleum ($11.2B), Integrated Circuits ($7.78B), and Gold ($1.16B). During the last 27 years the exports of Singapore to Malaysia have increased at an annualized rate of 3.59%, from $13.8B in 1995 to $35.9B in 2022.

In 2022, Malaysia exported $53.8B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($17.8B), Refined Petroleum ($10.1B), and Machinery Having Individual Functions ($2.77B). During the last 27 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.61%, from $15.9B in 1995 to $53.8B in 2022.

Exports from Singapore () to Malaysia () (2022)

Exports from Malaysia () to Singapore () (2022)

Latest Data

Trade between Singapore () and Malaysia ()

Singapore Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Malaysia
Top DestinationSingapore$53.8B

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 2021, countries that imported more from Singapore than Malaysia were Hong Kong ($51.6B), Indonesia ($22.5B), and Cambodia ($8.2B).

In 2021, countries that imported more from Malaysia than Singapore were United States ($44.2B), Japan ($23.6B), and Mexico ($6.68B).

Difference in imports from Malaysia () and Singapore () (2022)

Comparative Advantage Singapore - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Malaysia in the exports of Machines ($14.9B), Mineral Products ($11.6B), and Chemical Products ($1.79B).

During 2022, Malaysia had a large net trade with Singapore in the exports of Machines ($29B), Mineral Products ($11.4B), and Instruments ($2.11B).

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.

Services Exports from Malaysia () to Singapore () (2010)

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

Exports from Singapore () to Malaysia () (2022)

Exports from Malaysia () to Singapore () (2022)

Latest Data

Trade between Singapore () and Malaysia ()

Singapore Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Singapore () (2022)

Comparative Advantage Singapore - Malaysia

Service Trade

Bilateral Service Trade

Services Exports from Malaysia () to Singapore () (2010)

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Malaysia () (2022)

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