2023
Flag  
GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Argentina-Singapore Trade: In 2023, Argentina exported $115M to Singapore. The main products that Argentina exported to Singapore were Molluscs ($31.2M), Shaving Products ($25.9M), and Refined Petroleum ($14.3M). Over the past 5 years the exports of Argentina to Singapore have increased at an annualized rate of 15.7%, from $55.4M in 2018 to $115M in 2023.

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

Singapore-Argentina Trade: In 2023, Singapore exported $170M to Argentina. The main products that Singapore exported to Argentina were Packaged Medicaments ($40M), Rubber Footwear ($17.6M), and Broadcasting Equipment ($10M). Over the past 5 years the exports of Singapore to Argentina have increased at an annualized rate of 4.36%,  from $137M in 2018 to $170M in 2023.

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

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $115M to Singapore. The main products exported from Argentina to Singapore were Molluscs ($31.2M), Shaving Products ($25.9M), and Refined Petroleum ($14.3M). During the last 5 years the exports of Argentina to Singapore have increased at an annualized rate of 15.7%, from $55.4M in 2018 to $115M in 2023.

In 2018, Singapore exported $170M to Argentina. The main products exported from Singapore to Argentina were Packaged Medicaments ($40M), Rubber Footwear ($17.6M), and Broadcasting Equipment ($10M). During the last 5 years the exports of Singapore to Argentina have increased at an annualized rate of 4.36%, from $137M in 2023 to $170M in 2018.

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

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

Latest Data

Trade between Argentina (Flag) and Singapore (Flag)

Argentina Exports

Singapore Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.1B
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Argentina than Singapore included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Singapore than Argentina included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

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

Comparative Advantage Argentina - Singapore

Flow
Scale

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

During 2023, Argentina had a large net trade with Singapore in the exports of Animal Products ($46.1M), Chemical Products ($30.6M), and Foodstuffs ($15.4M).

During 2018, Singapore had a large net trade with Argentina in the exports of Chemical Products ($63.2M), Machines ($48.5M), and Footwear and Headwear ($21.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Singapore+$3.85MWine
Top Product Potential Singapore Argentina+$6.63MIntegrated Circuits

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

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

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