Singapore-Canada Trade: In 2022, Singapore exported $1.12B to Canada. The main products that Singapore exported to Canada were Vaccines, blood, antisera, toxins and cultures ($91.8M), Other Heating Machinery ($88.7M), and Integrated Circuits ($71M). Over the past 5 years the exports of Singapore to Canada have increased at an annualized rate of 5.98%, from $841M in 2017 to $1.12B in 2022.
In 2022, Singapore did not export any services to Canada.
Canada-Singapore Trade: In 2022, Canada exported $1.77B to Singapore. The main products that Canada exported to Singapore were Gas Turbines ($487M), Gold ($372M), and Integrated Circuits ($111M). Over the past 5 years the exports of Canada to Singapore have increased at an annualized rate of 8.54%, from $1.17B in 2017 to $1.77B in 2022.
In 2020, Canada exported services to Singapore worth $446M, with Transportation ($195M), Financial services ($139M), and Computer and information services ($53.7M) being the largest in terms of value.
Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).