2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH
-14.7%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH
-33%CURRENT US$
Rnk 188 / 195

About

Singapore-Republic of the Congo Trade: In 2023, Singapore exported $26.3M to Republic of the Congo. The main products that Singapore exported to Republic of the Congo were Valves ($5.28M), Excavation Machinery ($3.14M), and Machinery Having Individual Functions ($2.61M). Over the past 5 years the exports of Singapore to Republic of the Congo have decreased at an annualized rate of 37.8%, from $283M in 2018 to $26.3M in 2023.

In 2023, Singapore did not export any services to Republic of the Congo.

Republic of the Congo-Singapore Trade: In 2023, Republic of the Congo exported $24.7M to Singapore. The main products that Republic of the Congo exported to Singapore were Refined Petroleum ($24.2M), Dried/Salted/Smoked/Brined Fish ($185k), and Engine Parts ($101k). Over the past 5 years the exports of Republic of the Congo to Singapore have decreased at an annualized rate of 34.2%,  from $200M in 2018 to $24.7M in 2023.

In 2023, Republic of the Congo did not export any services to Singapore.

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $26.3M to Republic of the Congo. The main products exported from Singapore to Republic of the Congo were Valves ($5.28M), Excavation Machinery ($3.14M), and Machinery Having Individual Functions ($2.61M). During the last 5 years the exports of Singapore to Republic of the Congo have decreased at an annualized rate of 37.8%, from $283M in 2018 to $26.3M in 2023.

In 2018, Republic of the Congo exported $24.7M to Singapore. The main products exported from Republic of the Congo to Singapore were Refined Petroleum ($24.2M), Dried/Salted/Smoked/Brined Fish ($185k), and Engine Parts ($101k). During the last 5 years the exports of Republic of the Congo to Singapore have decreased at an annualized rate of 34.2%, from $200M in 2023 to $24.7M in 2018.

Exports from Singapore (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Republic of the Congo (Flag)

Singapore Exports

Republic of the Congo Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Republic of the Congo
Top Destination
China$5.45B

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

In 2023, countries that imported more from Singapore than Republic of the Congo included Hong Kong ($44.5B), United States ($32.9B), and China ($36.7B).

In 2023, countries that imported more from Republic of the Congo than Singapore included Greece ($251M), Croatia ($78.7M), and Romania ($79.2M).

Difference in imports from Republic of the Congo (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Republic of the Congo

Flow
Scale

This chart compares trade between Singapore and Republic of the Congo by product, considering products traded by both, Singapore and Republic of the Congo.

During 2023, Singapore had a large net trade with Republic of the Congo in the exports of Machines ($13.7M), Metals ($5.87M), and Chemical Products ($2.02M).

During 2018, Republic of the Congo had a large net trade with Singapore in the exports of Mineral Products ($24.2M), Animal Products ($253k), and Machines ($209k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Republic of the Congo+$1.08MRefined Petroleum
Top Product Potential Republic of the Congo Singapore+$101MCrude 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 Republic of the Congo. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Republic of the Congo (Flag) (2023)

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