2022
Flag  
GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Pakistan-Singapore Trade: In 2022, Pakistan exported $146M to Singapore. The main products that Pakistan exported to Singapore were Crude Petroleum ($70.4M), Alcohol > 80% ABV ($8.11M), and Refined Petroleum ($6.38M). Over the past 5 years the exports of Pakistan to Singapore have increased at an annualized rate of 13.6%, from $77M in 2017 to $146M in 2022.

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

Singapore-Pakistan Trade: In 2022, Singapore exported $1.07B to Pakistan. The main products that Singapore exported to Pakistan were Refined Petroleum ($491M), Scented Mixtures ($50M), and Antiknock ($44.1M). Over the past 5 years the exports of Singapore to Pakistan have decreased at an annualized rate of 1.32%,  from $1.14B in 2017 to $1.07B in 2022.

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

Comparison: In 2022,  Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Pakistan exported $146M to Singapore. The main products exported from Pakistan to Singapore were Crude Petroleum ($70.4M), Alcohol > 80% ABV ($8.11M), and Refined Petroleum ($6.38M). During the last 5 years the exports of Pakistan to Singapore have increased at an annualized rate of 13.6%, from $77M in 2017 to $146M in 2022.

In 2017, Singapore exported $1.07B to Pakistan. The main products exported from Singapore to Pakistan were Refined Petroleum ($491M), Scented Mixtures ($50M), and Antiknock ($44.1M). During the last 5 years the exports of Singapore to Pakistan have decreased at an annualized rate of 1.32%, from $1.14B in 2022 to $1.07B in 2017.

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

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

Latest Data

Trade between Pakistan (Flag) and Singapore (Flag)

Pakistan Exports

Singapore Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$6.47B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Pakistan than Singapore included Spain ($1.72B), Afghanistan ($975M), and Italy ($1.31B).

In 2022, countries that imported more from Singapore than Pakistan included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Pakistan - Singapore

Flow
Scale

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

During 2022, Pakistan had a large net trade with Singapore in the exports of Mineral Products ($77.1M), Textiles ($28.9M), and Foodstuffs ($9.49M).

During 2017, Singapore had a large net trade with Pakistan in the exports of Mineral Products ($495M), Chemical Products ($218M), and Machines ($111M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Singapore+$47.1MCrude Petroleum
Top Product Potential Singapore Pakistan+$299MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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