2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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

Christmas Island-Singapore Trade: In 2023, Christmas Island exported $78.2k to Singapore. The main products that Christmas Island exported to Singapore were Plastic Pipes ($38.7k), Air Pumps ($6.72k), and Centrifuges ($6.25k). Over the past 5 years the exports of Christmas Island to Singapore have decreased at an annualized rate of 26.1%, from $354k in 2018 to $78.2k in 2023.

In 2023, Christmas Island did not export any services to Singapore.

Singapore-Christmas Island Trade: In 2023, Singapore exported $158k to Christmas Island. The main products that Singapore exported to Christmas Island were Cars ($88.9k), Iron Anchors ($66k), and Electric Batteries ($3.42k). Over the past 5 years the exports of Singapore to Christmas Island have decreased at an annualized rate of 21.5%,  from $531k in 2018 to $158k in 2023.

In 2023, Singapore did not export any services to Christmas Island.

Comparison In 2023,  Christmas Island ranked 217 in total exports ($9.08M), 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, Christmas Island exported $78.2k to Singapore. The main products exported from Christmas Island to Singapore were Plastic Pipes ($38.7k), Air Pumps ($6.72k), and Centrifuges ($6.25k). During the last 5 years the exports of Christmas Island to Singapore have decreased at an annualized rate of 26.1%, from $354k in 2018 to $78.2k in 2023.

In 2018, Singapore exported $158k to Christmas Island. The main products exported from Singapore to Christmas Island were Cars ($88.9k), Iron Anchors ($66k), and Electric Batteries ($3.42k). During the last 5 years the exports of Singapore to Christmas Island have decreased at an annualized rate of 21.5%, from $531k in 2023 to $158k in 2018.

Exports from Christmas Island (Flag) to Singapore (Flag) (2023)

Exports from Singapore (Flag) to Christmas Island (Flag) (2023)

Latest Data

Trade between Christmas Island (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Christmas Island
Top Destination
Indonesia$2.69M
Singapore
Top Destination
Hong Kong$44.5B

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

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

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

Difference in imports from Singapore (Flag) and Christmas Island (Flag) (2023)

Comparative Advantage Christmas Island - Singapore

Flow
Scale

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

During 2023, Christmas Island had a large net trade with Singapore in the exports of Plastics and Rubbers ($38.8k), Machines ($25.8k), and Metals ($5.87k).

During 2018, Singapore had a large net trade with Christmas Island in the exports of Transportation ($88.9k), Metals ($66k), and Machines ($3.42k).

Economic Complexity

Competitive Landscape

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

Product Space of Christmas Island (Flag) and Singapore (Flag) (2023)

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