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2022
Flag → Flag
Exports $4.6BRnk 18 / 215
2022
Flag → Flag
Top Product $630MJewellery
2022
Flag → Flag
Exports $14.4BRnk 7 / 219
2022
Flag → Flag
Top Product $8.22BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Singapore-United Arab Emirates Trade: In 2022, Singapore exported $4.6B to United Arab Emirates. The main products that Singapore exported to United Arab Emirates were Jewellery ($630M), Gas Turbines ($595M), and Broadcasting Equipment ($574M). Over the past 5 years the exports of Singapore to United Arab Emirates have increased at an annualized rate of 11.1%, from $2.71B in 2017 to $4.6B in 2022.

In 2022, Singapore did not export any services to United Arab Emirates.

United Arab Emirates-Singapore Trade: In 2022, United Arab Emirates exported $14.4B to Singapore. The main products that United Arab Emirates exported to Singapore were Crude Petroleum ($8.22B), Refined Petroleum ($4.07B), and Gold ($743M). Over the past 5 years the exports of United Arab Emirates to Singapore have increased at an annualized rate of 10.8%,  from $8.61B in 2017 to $14.4B in 2022.

In 2022, United Arab Emirates did not export any services to Singapore.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $4.6B to United Arab Emirates. The main products exported from Singapore to United Arab Emirates were Jewellery ($630M), Gas Turbines ($595M), and Broadcasting Equipment ($574M). During the last 5 years the exports of Singapore to United Arab Emirates have increased at an annualized rate of 11.1%, from $2.71B in 2017 to $4.6B in 2022.

In 2017, United Arab Emirates exported $14.4B to Singapore. The main products exported from United Arab Emirates to Singapore were Crude Petroleum ($8.22B), Refined Petroleum ($4.07B), and Gold ($743M). During the last 5 years the exports of United Arab Emirates to Singapore have increased at an annualized rate of 10.8%, from $8.61B in 2022 to $14.4B in 2017.

Exports from Singapore (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and United Arab Emirates (Flag)

Singapore Exports

United Arab Emirates Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, countries that imported more from Singapore than United Arab Emirates included Hong Kong ($51.6B), Malaysia ($35.9B), and United States ($28.9B).

In 2022, countries that imported more from United Arab Emirates than Singapore included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - United Arab Emirates

Flow
Scale

This chart compares trade between Singapore and United Arab Emirates by product, considering products traded by both, Singapore and United Arab Emirates.

During 2022, Singapore had a large net trade with United Arab Emirates in the exports of Machines ($1.71B), Precious Metals ($1.02B), and Chemical Products ($686M).

During 2017, United Arab Emirates had a large net trade with Singapore in the exports of Mineral Products ($12.3B), Precious Metals ($1.06B), and Machines ($569M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore United Arab Emirates+$155MRefined Petroleum
Top Product Potential United Arab Emirates Singapore+$233MRefined 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 Singapore and United Arab Emirates. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and United Arab Emirates (Flag) (2022)

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