2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$409BCURRENT US$
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2012-2022
Flag
GDP GROWTH
109%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$4,164CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
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About

Singapore-Vietnam In 2022, Singapore exported $10.7B to Vietnam. The main products that Singapore exported to Vietnam are Integrated Circuits ($2.59B), Refined Petroleum ($1.69B), and Ethylene Polymers ($586M). During the last 27 years the exports of Singapore to Vietnam have increased at an annualized rate of 6.86%, from $1.78B in 1995 to $10.7B in 2022.

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

Vietnam-Singapore In 2022, Vietnam exported $4.97B to Singapore. The main products that Vietnam exported to Singapore were Integrated Circuits ($574M), Broadcasting Equipment ($501M), and Other Glass Articles ($342M). During the last 27 years the exports of Vietnam to Singapore have increased at an annualized rate of 9.6%, from $418M in 1995 to $4.97B in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $10.7B to Vietnam. The main products exported from Singapore to Vietnam were Integrated Circuits ($2.59B), Refined Petroleum ($1.69B), and Ethylene Polymers ($586M). During the last 27 years the exports of Singapore to Vietnam have increased at an annualized rate of 6.86%, from $1.78B in 1995 to $10.7B in 2022.

In 2022, Vietnam exported $4.97B to Singapore. The main products exported from Vietnam to Singapore were Integrated Circuits ($574M), Broadcasting Equipment ($501M), and Other Glass Articles ($342M). During the last 27 years the exports of Vietnam to Singapore have increased at an annualized rate of 9.6%, from $418M in 1995 to $4.97B in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Vietnam (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Vietnam
Top Destination
United States$117B

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

In 2021, countries that imported more from Singapore than Vietnam were Hong Kong ($51.6B), Malaysia ($35.9B), and Indonesia ($22.5B).

In 2021, countries that imported more from Vietnam than Singapore were United States ($117B), South Korea ($25.2B), and Japan ($25B).

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

Comparative Advantage Singapore - Vietnam

Flow
Scale

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

During 2022, Singapore had a large net trade with Vietnam in the exports of Machines ($4.68B), Mineral Products ($1.91B), and Chemical Products ($1.24B).

During 2022, Vietnam had a large net trade with Singapore in the exports of Machines ($2.4B), Stone And Glass ($473M), and Mineral Products ($328M).

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 Vietnam. Similarly, the more yellow a dot/product is, the more Vietnam has comparative advantage over Singapore.

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

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