Japan / Singapore

Japan-Singapore Trade: In 2023, Japan exported $20.6B to Singapore. The main products that Japan exported to Singapore were Integrated Circuits ($3.58B), Gold ($2.03B), and Refined Petroleum ($1.65B). Over the past 5 years the exports of Japan to Singapore have decreased at an annualized rate of 0.069%, from $20.6B in 2018 to $20.6B in 2023.

In 2009, Japan exported services to Singapore worth $21.6B, with Services not allocated ($10.8B), Other business services ($7.31B), and Transportation ($2.3B) being the largest in terms of value.

Singapore-Japan Trade: In 2023, Singapore exported $10.2B to Japan. The main products that Singapore exported to Japan were Integrated Circuits ($981M), Machinery Having Individual Functions ($945M), and Packaged Medicaments ($758M). Over the past 5 years the exports of Singapore to Japan have decreased at an annualized rate of 1.81%,  from $11.2B in 2018 to $10.2B in 2023.

In 2015, Singapore exported services to Japan worth $2.85B, with Transportation ($2.29B), Insurance services ($271M), and Royalties and license fees ($224M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).