Singapore (SGP) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Singapore-Zimbabwe Trade: In 2023, Singapore exported $461M to Zimbabwe. The main products that Singapore exported to Zimbabwe were Refined Petroleum ($413M), Rice ($12.2M), and Stone Processing Machines ($7.93M). Over the past 5 years the exports of Singapore to Zimbabwe have decreased at an annualized rate of 19.5%, from $1.36B in 2018 to $461M in 2023.

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

Zimbabwe-Singapore Trade: In 2023, Zimbabwe exported $6.81M to Singapore. The main products that Zimbabwe exported to Singapore were Other Fruits ($3.01M), Other Hides and Skins ($2.71M), and Raw Tobacco ($1.03M). Over the past 5 years the exports of Zimbabwe to Singapore have decreased at an annualized rate of 15.2%, from $15.5M in 2018 to $6.81M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $461M to Zimbabwe. The main products exported from Singapore to Zimbabwe were Refined Petroleum ($413M), Rice ($12.2M), and Stone Processing Machines ($7.93M). During the last 5 years the exports of Singapore to Zimbabwe have decreased at an annualized rate of 19.5%, from $1.36B in 2018 to $461M in 2023.

In 2018, Zimbabwe exported $6.81M to Singapore. The main products exported from Zimbabwe to Singapore were Other Fruits ($3.01M), Other Hides and Skins ($2.71M), and Raw Tobacco ($1.03M). During the last 5 years the exports of Zimbabwe to Singapore have decreased at an annualized rate of 15.2%, from $15.5M in 2023 to $6.81M in 2018.

Exports from Singapore () to Zimbabwe () (2023)

Exports from Zimbabwe () to Singapore () (2023)

Latest Data

Trade between Singapore () and Zimbabwe ()

Singapore Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

In 2023, countries that imported more from Singapore than Zimbabwe included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Zimbabwe than Singapore included United Arab Emirates ($4.1B), South Africa ($1.39B), and Malawi ($28.9M).

Difference in imports from Zimbabwe () and Singapore () (2023)

Comparative Advantage Singapore - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Zimbabwe in the exports of Mineral Products ($413M), Machines ($14.4M), and Vegetable Products ($12.2M).

During 2018, Zimbabwe had a large net trade with Singapore in the exports of Vegetable Products ($3.02M), Animal Hides ($2.73M), and Foodstuffs ($1.03M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Zimbabwe+$653kEthylene Polymers

Top Product Potential Zimbabwe Singapore+$2.83MRaw Tobacco

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Singapore () to Zimbabwe () (2023)

Exports from Zimbabwe () to Singapore () (2023)

Latest Data

Trade between Singapore () and Zimbabwe ()

Singapore Exports

Zimbabwe Exports

Market Competitiveness

Difference in imports from Zimbabwe () and Singapore () (2023)

Comparative Advantage Singapore - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Zimbabwe () (2023)

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