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2023
Flag → Flag
Exports $3.91kRnk 24 / 47
2023
Flag → Flag
Top Product $1.11kKnit Women's Suits
2023
Flag → Flag
Exports $161kRnk 201 / 217
2023
Flag → Flag
Top Product $52.3kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH61.3%CURRENT US$
Rnk 52 / 195
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC $6,345CURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP PC GROWTH80.8%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Tuvalu-Singapore Trade: In 2023, Tuvalu exported $3.91k to Singapore. The main products that Tuvalu exported to Singapore were Knit Women's Suits ($1.11k), Office Machine Parts ($1.05k), and Non-Knit Women's Shirts ($1.01k). Over the past 5 years the exports of Tuvalu to Singapore have decreased at an annualized rate of 26.5%, from $18.2k in 2018 to $3.91k in 2023.

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

Singapore-Tuvalu Trade: In 2023, Singapore exported $161k to Tuvalu. The main products that Singapore exported to Tuvalu were Refined Petroleum ($52.3k), Plywood ($37.1k), and Broadcasting Equipment ($27.3k). Over the past 5 years the exports of Singapore to Tuvalu have decreased at an annualized rate of 13.7%,  from $392k in 2018 to $161k in 2023.

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

Comparison In 2023,  Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tuvalu exported $3.91k to Singapore. The main products exported from Tuvalu to Singapore were Knit Women's Suits ($1.11k), Office Machine Parts ($1.05k), and Non-Knit Women's Shirts ($1.01k). During the last 5 years the exports of Tuvalu to Singapore have decreased at an annualized rate of 26.5%, from $18.2k in 2018 to $3.91k in 2023.

In 2018, Singapore exported $161k to Tuvalu. The main products exported from Singapore to Tuvalu were Refined Petroleum ($52.3k), Plywood ($37.1k), and Broadcasting Equipment ($27.3k). During the last 5 years the exports of Singapore to Tuvalu have decreased at an annualized rate of 13.7%, from $392k in 2023 to $161k in 2018.

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

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

Latest Data

Trade between Tuvalu (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Tuvalu
Top DestinationThailand$45.9M
Singapore
Top DestinationHong Kong$44.5B

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

In 2023, no countries were registered that imported more from Tuvalu than from Singapore.

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

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

Comparative Advantage Tuvalu - Singapore

Flow
Scale

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

During 2023, Tuvalu had a large net trade with Singapore in the exports of Textiles ($2.66k), Machines ($1.05k), and Chemical Products ($155).

During 2018, Singapore had a large net trade with Tuvalu in the exports of Mineral Products ($53.7k), Machines ($44.7k), and Wood Products ($37.1k).

Economic Complexity

Competitive Landscape

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

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

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