2021
Flag  
GDP
$424BCURRENT US$
Rnk 32 / 204
2011-2021
Flag
GDP GROWTH
51.7%CURRENT US$
Rnk 48 / 204
2021
Flag
 GDP
$373BCURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP GROWTH
25.2%CURRENT US$
Rnk 106 / 204
2021
Flag
GDP PC 
$77,710CURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP PC GROWTH
44.2%CURRENT US$
Rnk 40 / 204
2021
Flag
GDP PC
$11,109CURRENT US$
Rnk 81 / 204
2011-2021
Flag
GDP PC GROWTH
8.81%CURRENT US$
Rnk 119 / 204

About

Singapore-Malaysia In 2021, Singapore exported $27.7B to Malaysia. The main products that Singapore exported to Malaysia are Refined Petroleum ($6.37B), Integrated Circuits ($4.6B), and Gold ($1.96B). During the last 26 years the exports of Singapore to Malaysia have increased at an annualized rate of 2.58%, from $14.3B in 1995 to $27.7B in 2021.

In 2021, Singapore did not export any services to Malaysia.

Malaysia-Singapore In 2021, Malaysia exported $49.6B to Singapore. The main products that Malaysia exported to Singapore were Integrated Circuits ($14.7B), Refined Petroleum ($10.9B), and Machinery Having Individual Functions ($1.65B). During the last 26 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.5%, from $15.8B in 1995 to $49.6B in 2021.

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 2021,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.74), and 19 in total exports ($351B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 21 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Singapore exported $27.7B to Malaysia. The main products exported from Singapore to Malaysia were Refined Petroleum ($6.37B), Integrated Circuits ($4.6B), and Gold ($1.96B). During the last 26 years the exports of Singapore to Malaysia have increased at an annualized rate of 2.58%, from $14.3B in 1995 to $27.7B in 2021.

In 2021, Malaysia exported $49.6B to Singapore. The main products exported from Malaysia to Singapore were Integrated Circuits ($14.7B), Refined Petroleum ($10.9B), and Machinery Having Individual Functions ($1.65B). During the last 26 years the exports of Malaysia to Singapore have increased at an annualized rate of 4.5%, from $15.8B in 1995 to $49.6B in 2021.

Exports from Singapore (Flag) to Malaysia (Flag) (2021)

Exports from Malaysia (Flag) to Singapore (Flag) (2021)

Latest Data

Trade between Singapore (Flag) and Malaysia (Flag)

Singapore Exports

Malaysia Exports

Market Competitiveness

Color
Singapore
Top Destination
China$56.8B
Malaysia
Top Destination
Singapore$49.6B

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 ($54.5B), Cambodia ($11.2B), and China ($56.8B).

In 2021, countries that imported more from Malaysia than Singapore were United States ($42.9B), Japan ($19B), and Mexico ($5.47B).

Difference in imports from Malaysia (Flag) and Singapore (Flag) (2021)

Comparative Advantage Singapore - Malaysia

Flow
Scale

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

During 2021, Singapore had a large net trade with Malaysia in the exports of Machines ($11.2B), Mineral Products ($6.92B), and Precious Metals ($2.25B).

During 2021, Malaysia had a large net trade with Singapore in the exports of Machines ($25.3B), Mineral Products ($12.1B), and Instruments ($2.24B).

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 (Flag) to Singapore (Flag) (2010)

Economic Complexity

Competitive Landscape

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.

Product Space of Singapore (Flag) and Malaysia (Flag) (2021)

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