Singapore-Portugal Trade: In 2022, Singapore exported $359M to Portugal. The main products that Singapore exported to Portugal were Integrated Circuits ($171M), Gas Turbines ($124M), and Packaged Medicaments ($25.5M). Over the past 5 years the exports of Singapore to Portugal have decreased at an annualized rate of 2.31%, from $403M in 2017 to $359M in 2022.
In 2022, Singapore did not export any services to Portugal.
Portugal-Singapore Trade: In 2022, Portugal exported $259M to Singapore. The main products that Portugal exported to Singapore were Knitting Machine Accessories ($63.4M), Integrated Circuits ($56.8M), and Refined Petroleum ($30.8M). Over the past 5 years the exports of Portugal to Singapore have decreased at an annualized rate of 8.88%, from $412M in 2017 to $259M in 2022.
In 2003, Portugal exported services to Singapore worth $6.26M, with Services not allocated ($6.26M) being the largest in terms of value.
Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).