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Pricing

2022
Flag → Flag
Exports $43.6MRnk 106 / 215
2022
Flag → Flag
Top Product $6.15MIntegrated Circuits
2022
Flag → Flag
Exports $61.5MRnk 64 / 191
2022
Flag → Flag
Top Product $26.7MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Singapore-Ukraine Trade: In 2022, Singapore exported $43.6M to Ukraine. The main products that Singapore exported to Ukraine were Integrated Circuits ($6.15M), Cocoa Butter ($5.79M), and Orthopedic Appliances ($5.57M). Over the past 5 years the exports of Singapore to Ukraine have increased at an annualized rate of 8.33%, from $29.2M in 2017 to $43.6M in 2022.

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

Ukraine-Singapore Trade: In 2022, Ukraine exported $61.5M to Singapore. The main products that Ukraine exported to Singapore were Gas Turbines ($26.7M), Eggs ($11.4M), and Poultry Meat ($10.2M). Over the past 5 years the exports of Ukraine to Singapore have decreased at an annualized rate of 7.47%,  from $98M in 2017 to $61.5M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $43.6M to Ukraine. The main products exported from Singapore to Ukraine were Integrated Circuits ($6.15M), Cocoa Butter ($5.79M), and Orthopedic Appliances ($5.57M). During the last 5 years the exports of Singapore to Ukraine have increased at an annualized rate of 8.33%, from $29.2M in 2017 to $43.6M in 2022.

In 2017, Ukraine exported $61.5M to Singapore. The main products exported from Ukraine to Singapore were Gas Turbines ($26.7M), Eggs ($11.4M), and Poultry Meat ($10.2M). During the last 5 years the exports of Ukraine to Singapore have decreased at an annualized rate of 7.47%, from $98M in 2022 to $61.5M in 2017.

Exports from Singapore (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Ukraine (Flag)

Singapore Exports

Ukraine Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Singapore than Ukraine included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Ukraine than Singapore included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Ukraine

Flow
Scale

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

During 2022, Singapore had a large net trade with Ukraine in the exports of Machines ($15.9M), Instruments ($14M), and Foodstuffs ($6.28M).

During 2017, Ukraine had a large net trade with Singapore in the exports of Machines ($29.7M), Animal Products ($22.4M), and Foodstuffs ($2.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Ukraine+$3.91MTelephones
Top Product Potential Ukraine Singapore+N/AN/A

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 Ukraine. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Ukraine (Flag) (2022)

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