Russia-Singapore Trade: In 2022, Russia exported $2.12B to Singapore. The main products that Russia exported to Singapore were Refined Petroleum ($1.09B), Gold ($627M), and Crude Petroleum ($85.9M). Over the past 5 years the exports of Russia to Singapore have decreased at an annualized rate of 14.3%, from $4.58B in 2017 to $2.12B in 2022.
In 2020, Russia exported services to Singapore worth $609M, with Transportation ($283M), Other business services ($137M), and Computer and information services ($72.8M) being the largest in terms of value.
Singapore-Russia Trade: In 2022, Singapore exported $167M to Russia. The main products that Singapore exported to Russia were Refined Petroleum ($17.7M), Integrated Circuits ($11.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($11M). Over the past 5 years the exports of Singapore to Russia have decreased at an annualized rate of 31.6%, from $1.12B in 2017 to $167M in 2022.
In 2022, Singapore did not export any services to Russia.
Comparison: In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).