2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 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
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Singapore-Egypt Trade: In 2023, Singapore exported $322M to Egypt. The main products that Singapore exported to Egypt were Gas Turbines ($41.8M), Aircraft Launch Gear ($27.8M), and Refined Petroleum ($23.4M). Over the past 5 years the exports of Singapore to Egypt have increased at an annualized rate of 2.32%, from $287M in 2018 to $322M in 2023.

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

Egypt-Singapore Trade: In 2023, Egypt exported $101M to Singapore. The main products that Egypt exported to Singapore were Refined Petroleum ($65.9M), Citrus ($10.5M), and Grapes ($4.82M). Over the past 5 years the exports of Egypt to Singapore have decreased at an annualized rate of 11.5%,  from $185M in 2018 to $101M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $322M to Egypt. The main products exported from Singapore to Egypt were Gas Turbines ($41.8M), Aircraft Launch Gear ($27.8M), and Refined Petroleum ($23.4M). During the last 5 years the exports of Singapore to Egypt have increased at an annualized rate of 2.32%, from $287M in 2018 to $322M in 2023.

In 2018, Egypt exported $101M to Singapore. The main products exported from Egypt to Singapore were Refined Petroleum ($65.9M), Citrus ($10.5M), and Grapes ($4.82M). During the last 5 years the exports of Egypt to Singapore have decreased at an annualized rate of 11.5%, from $185M in 2023 to $101M in 2018.

Exports from Singapore (Flag) to Egypt (Flag) (2023)

Exports from Egypt (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Egypt (Flag)

Singapore Exports

Egypt Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Egypt
Top Destination
Saudi Arabia$5.31B

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

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

In 2023, countries that imported more from Egypt than Singapore included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

Difference in imports from Egypt (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Egypt

Flow
Scale

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

During 2023, Singapore had a large net trade with Egypt in the exports of Machines ($95M), Chemical Products ($51.8M), and Metals ($40.3M).

During 2018, Egypt had a large net trade with Singapore in the exports of Mineral Products ($68.6M), Vegetable Products ($18.7M), and Textiles ($4.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Egypt+$65.8MRefined Petroleum
Top Product Potential Egypt Singapore+$101MRefined 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 Egypt. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Egypt (Flag) (2023)

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