Singapore (SGP) and Algeria (DZA) Trade | The Observatory of Economic Complexity

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Singapore-Algeria Trade: In 2023, Singapore exported $46.7M to Algeria. The main products that Singapore exported to Algeria were Gas Turbines ($15.5M), Valves ($8.52M), and Other Vegetable Oils ($7.96M). Over the past 5 years the exports of Singapore to Algeria have decreased at an annualized rate of 17.4%, from $121M in 2018 to $46.7M in 2023.

In 2023, Singapore did not export any services to Algeria.

Algeria-Singapore Trade: In 2023, Algeria exported $383M to Singapore. The main products that Algeria exported to Singapore were Refined Petroleum ($383M), Rubber Tires ($342k), and Tropical Fruits ($191k). Over the past 5 years the exports of Algeria to Singapore have increased at an annualized rate of 351%, from $206k in 2018 to $383M in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $46.7M to Algeria. The main products exported from Singapore to Algeria were Gas Turbines ($15.5M), Valves ($8.52M), and Other Vegetable Oils ($7.96M). During the last 5 years the exports of Singapore to Algeria have decreased at an annualized rate of 17.4%, from $121M in 2018 to $46.7M in 2023.

In 2018, Algeria exported $383M to Singapore. The main products exported from Algeria to Singapore were Refined Petroleum ($383M), Rubber Tires ($342k), and Tropical Fruits ($191k). During the last 5 years the exports of Algeria to Singapore have increased at an annualized rate of 351%, from $206k in 2023 to $383M in 2018.

Exports from Singapore () to Algeria () (2023)

Exports from Algeria () to Singapore () (2023)

Latest Data

Trade between Singapore () and Algeria ()

Singapore Exports

Date

Algeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Algeria
Top DestinationItaly$15.2B

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

In 2023, countries that imported more from Singapore than Algeria included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

In 2023, countries that imported more from Algeria than Singapore included Italy ($15.2B), Spain ($6.73B), and France ($7.29B).

Difference in imports from Algeria () and Singapore () (2023)

Comparative Advantage Singapore - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Algeria in the exports of Machines ($30M), Animal and Vegetable Bi-Products ($9.84M), and Chemical Products ($2.83M).

During 2018, Algeria had a large net trade with Singapore in the exports of Mineral Products ($383M), Plastics and Rubbers ($342k), and Vegetable Products ($191k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Algeria+$4.58MGas Turbines

Top Product Potential Algeria Singapore+N/AN/A

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Singapore () to Algeria () (2023)

Exports from Algeria () to Singapore () (2023)

Latest Data

Trade between Singapore () and Algeria ()

Singapore Exports

Algeria Exports

Market Competitiveness

Difference in imports from Algeria () and Singapore () (2023)

Comparative Advantage Singapore - Algeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Algeria () (2023)

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