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2023
Flag → Flag
Exports $1.18BRnk 27 / 217
2023
Flag → Flag
Top Product $792MRefined Petroleum
2023
Flag → Flag
Exports $202MRnk 32 / 205
2023
Flag → Flag
Top Product $93.1MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Singapore-Pakistan Trade: In 2023, Singapore exported $1.18B to Pakistan. The main products that Singapore exported to Pakistan were Refined Petroleum ($792M), Scented Mixtures ($49.1M), and Antiknock ($42.6M). Over the past 5 years the exports of Singapore to Pakistan have increased at an annualized rate of 5.51%, from $905M in 2018 to $1.18B in 2023.

In 2023, Singapore did not export any services to Pakistan.

Pakistan-Singapore Trade: In 2023, Pakistan exported $202M to Singapore. The main products that Pakistan exported to Singapore were Refined Petroleum ($93.1M), Crude Petroleum ($30.4M), and Gas Turbines ($7.57M). Over the past 5 years the exports of Pakistan to Singapore have increased at an annualized rate of 20.6%,  from $79.3M in 2018 to $202M in 2023.

In 2023, Pakistan did not export any services to Singapore.

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $1.18B to Pakistan. The main products exported from Singapore to Pakistan were Refined Petroleum ($792M), Scented Mixtures ($49.1M), and Antiknock ($42.6M). During the last 5 years the exports of Singapore to Pakistan have increased at an annualized rate of 5.51%, from $905M in 2018 to $1.18B in 2023.

In 2018, Pakistan exported $202M to Singapore. The main products exported from Pakistan to Singapore were Refined Petroleum ($93.1M), Crude Petroleum ($30.4M), and Gas Turbines ($7.57M). During the last 5 years the exports of Pakistan to Singapore have increased at an annualized rate of 20.6%, from $79.3M in 2023 to $202M in 2018.

Exports from Singapore (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Pakistan (Flag)

Singapore Exports

Pakistan Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Singapore than Pakistan included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

In 2023, countries that imported more from Pakistan than Singapore included Spain ($1.6B), Afghanistan ($969M), and United Arab Emirates ($3.7B).

Difference in imports from Pakistan (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Pakistan

Flow
Scale

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

During 2023, Singapore had a large net trade with Pakistan in the exports of Mineral Products ($793M), Chemical Products ($181M), and Plastics and Rubbers ($62.3M).

During 2018, Pakistan had a large net trade with Singapore in the exports of Mineral Products ($124M), Textiles ($27M), and Foodstuffs ($10.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Pakistan+$299MRefined Petroleum
Top Product Potential Pakistan Singapore+$47.1MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Pakistan. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Pakistan (Flag) (2023)

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