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

Guam-Singapore Trade: In 2023, Guam exported $602k to Singapore. The main products that Guam exported to Singapore were Precious Metal Scraps ($350k), Liquid Dispersing Machines ($83.3k), and Office Machine Parts ($54.9k). Over the past 5 years the exports of Guam to Singapore have decreased at an annualized rate of 1.27%, from $641k in 2018 to $602k in 2023.

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

Singapore-Guam Trade: In 2023, Singapore exported $475M to Guam. The main products that Singapore exported to Guam were Refined Petroleum ($433M), Gas Turbines ($11M), and Hard Liquor ($3.76M). Over the past 5 years the exports of Singapore to Guam have increased at an annualized rate of 5.86%,  from $357M in 2018 to $475M in 2023.

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

Comparison In 2023,  Guam ranked 216 in total exports ($13M), 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, Guam exported $602k to Singapore. The main products exported from Guam to Singapore were Precious Metal Scraps ($350k), Liquid Dispersing Machines ($83.3k), and Office Machine Parts ($54.9k). During the last 5 years the exports of Guam to Singapore have decreased at an annualized rate of 1.27%, from $641k in 2018 to $602k in 2023.

In 2018, Singapore exported $475M to Guam. The main products exported from Singapore to Guam were Refined Petroleum ($433M), Gas Turbines ($11M), and Hard Liquor ($3.76M). During the last 5 years the exports of Singapore to Guam have increased at an annualized rate of 5.86%, from $357M in 2023 to $475M in 2018.

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

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

Latest Data

Trade between Guam (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Guam
Top Destination
Chinese Taipei$5.53M
Singapore
Top Destination
Hong Kong$44.5B

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

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

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

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

Comparative Advantage Guam - Singapore

Flow
Scale

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

During 2023, Guam had a large net trade with Singapore in the exports of Precious Metals ($350k), Machines ($150k), and Metals ($37k).

During 2018, Singapore had a large net trade with Guam in the exports of Mineral Products ($434M), Machines ($18.2M), and Animal Hides ($6.38M).

Economic Complexity

Competitive Landscape

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

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

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