2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
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GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Netherlands-Singapore In 2022, Netherlands exported $3.5B to Singapore. The main products that Netherlands exported to Singapore are Coal Tar Oil ($434M), Machinery Having Individual Functions ($335M), and Refined Petroleum ($196M). During the last 27 years the exports of Netherlands to Singapore have increased at an annualized rate of 4.28%, from $1.13B in 1995 to $3.5B in 2022.

In 2020, Netherlands exported services to Singapore worth $1.96B, with Other business services ($1.11B), Transportation ($379M), and Computer and information services ($198M) being the largest in terms of value.

Singapore-Netherlands In 2022, Singapore exported $6.77B to Netherlands. The main products that Singapore exported to Netherlands were Refined Petroleum ($1.14B), Integrated Circuits ($811M), and Orthopedic Appliances ($480M). During the last 27 years the exports of Singapore to Netherlands have increased at an annualized rate of 4.05%, from $2.31B in 1995 to $6.77B in 2022.

In 2022, Singapore did not export any services to Netherlands.

Comparison In 2022,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $3.5B to Singapore. The main products exported from Netherlands to Singapore were Coal Tar Oil ($434M), Machinery Having Individual Functions ($335M), and Refined Petroleum ($196M). During the last 27 years the exports of Netherlands to Singapore have increased at an annualized rate of 4.28%, from $1.13B in 1995 to $3.5B in 2022.

In 2022, Singapore exported $6.77B to Netherlands. The main products exported from Singapore to Netherlands were Refined Petroleum ($1.14B), Integrated Circuits ($811M), and Orthopedic Appliances ($480M). During the last 27 years the exports of Singapore to Netherlands have increased at an annualized rate of 4.05%, from $2.31B in 1995 to $6.77B in 2022.

Exports from Netherlands (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Netherlands than Singapore were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Singapore than Netherlands were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Singapore

Flow
Scale

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

During 2022, Netherlands had a large net trade with Singapore in the exports of Machines ($1.33B), Mineral Products ($642M), and Chemical Products ($431M).

During 2022, Singapore had a large net trade with Netherlands in the exports of Machines ($2.57B), Instruments ($1.28B), and Mineral Products ($1.17B).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Singapore worth $1.96B, with Other business services ($1.11B), Transportation ($379M), and Computer and information services ($198M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Singapore (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Singapore (Flag) (2022)

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