2023
Flag  
GDP
$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 154 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$1,233CURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP PC GROWTH
2.84%CURRENT US$
Rnk 149 / 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

Burma-Singapore Trade: In 2023, Burma exported $67.5M to Singapore. The main products that Burma exported to Singapore were Precious Stones ($13.1M), Dried Legumes ($4.84M), and Coconuts, Brazil Nuts, and Cashews ($3.95M). Over the past 5 years the exports of Burma to Singapore have decreased at an annualized rate of 30.3%, from $411M in 2018 to $67.5M in 2023.

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

Singapore-Burma Trade: In 2023, Singapore exported $3.62B to Burma. The main products that Singapore exported to Burma were Refined Petroleum ($3.25B), Other Edible Preparations ($53.2M), and Pesticides ($40.5M). Over the past 5 years the exports of Singapore to Burma have decreased at an annualized rate of 0.53%,  from $3.72B in 2018 to $3.62B in 2023.

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

Comparison: In 2023,  Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B). 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, Burma exported $67.5M to Singapore. The main products exported from Burma to Singapore were Precious Stones ($13.1M), Dried Legumes ($4.84M), and Coconuts, Brazil Nuts, and Cashews ($3.95M). During the last 5 years the exports of Burma to Singapore have decreased at an annualized rate of 30.3%, from $411M in 2018 to $67.5M in 2023.

In 2018, Singapore exported $3.62B to Burma. The main products exported from Singapore to Burma were Refined Petroleum ($3.25B), Other Edible Preparations ($53.2M), and Pesticides ($40.5M). During the last 5 years the exports of Singapore to Burma have decreased at an annualized rate of 0.53%, from $3.72B in 2023 to $3.62B in 2018.

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

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

Latest Data

Trade between Burma (Flag) and Singapore (Flag)

Burma Exports

Singapore Exports

Market Competitiveness

Color
Burma
Top Destination
China$6.97B
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Burma than Singapore included Poland ($758M), Spain ($651M), and Slovakia ($89.2M).

In 2023, countries that imported more from Singapore than Burma included Hong Kong ($44.5B), United States ($32.9B), and Malaysia ($31.4B).

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

Comparative Advantage Burma - Singapore

Flow
Scale

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

During 2023, Burma had a large net trade with Singapore in the exports of Vegetable Products ($15.3M), Precious Metals ($14.5M), and Textiles ($8.67M).

During 2018, Singapore had a large net trade with Burma in the exports of Mineral Products ($3.25B), Foodstuffs ($113M), and Chemical Products ($97.6M).

Economic Complexity

Competitive Landscape

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

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

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