2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Singapore-Algeria Trade: In 2022, Singapore exported $26.6M to Algeria. The main products that Singapore exported to Algeria were Other Vegetable Oils ($6.67M), Gas Turbines ($5.69M), and Margarine ($3.74M). Over the past 5 years the exports of Singapore to Algeria have decreased at an annualized rate of 17.4%, from $69.1M in 2017 to $26.6M in 2022.

In 2022, Singapore did not export any services to Algeria.

Algeria-Singapore Trade: In 2022, Algeria exported $867M to Singapore. The main products that Algeria exported to Singapore were Refined Petroleum ($708M), Crude Petroleum ($137M), and Gas Turbines ($20.1M). Over the past 5 years the exports of Algeria to Singapore have increased at an annualized rate of 21.4%,  from $329M in 2017 to $867M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $26.6M to Algeria. The main products exported from Singapore to Algeria were Other Vegetable Oils ($6.67M), Gas Turbines ($5.69M), and Margarine ($3.74M). During the last 5 years the exports of Singapore to Algeria have decreased at an annualized rate of 17.4%, from $69.1M in 2017 to $26.6M in 2022.

In 2017, Algeria exported $867M to Singapore. The main products exported from Algeria to Singapore were Refined Petroleum ($708M), Crude Petroleum ($137M), and Gas Turbines ($20.1M). During the last 5 years the exports of Algeria to Singapore have increased at an annualized rate of 21.4%, from $329M in 2022 to $867M in 2017.

Exports from Singapore (Flag) to Algeria (Flag) (2022)

Exports from Algeria (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Algeria (Flag)

Singapore Exports

Algeria Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Algeria
Top Destination
Italy$16.9B

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 2022, countries that imported more from Singapore than Algeria included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Algeria than Singapore included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

Difference in imports from Algeria (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Algeria

Flow
Scale

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

During 2022, Singapore had a large net trade with Algeria in the exports of Animal and Vegetable Bi-Products ($11.5M), Machines ($11.3M), and Chemical Products ($2.3M).

During 2017, Algeria had a large net trade with Singapore in the exports of Mineral Products ($846M), Machines ($20.2M), and Chemical Products ($620k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Algeria+$4.58MGas Turbines
Top Product Potential Algeria Singapore+$298MRefined 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 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.

Product Space of Singapore (Flag) and Algeria (Flag) (2022)

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