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2022
Flag → Flag
Exports $2.46BRnk 24 / 215
2022
Flag → Flag
Top Product $438MRefined Petroleum
2022
Flag → Flag
Exports $10.1BRnk 11 / 219
2022
Flag → Flag
Top Product $1.38BTrunks and Cases
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Singapore-France Trade: In 2022, Singapore exported $2.46B to France. The main products that Singapore exported to France were Refined Petroleum ($438M), Glands and Other Organs ($390M), and Integrated Circuits ($265M). Over the past 5 years the exports of Singapore to France have decreased at an annualized rate of 6.33%, from $3.42B in 2017 to $2.46B in 2022.

In 2015, Singapore exported services to France worth $763M, with Other business services ($495M), Transportation ($246M), and Royalties and license fees ($17.2M) being the largest in terms of value.

France-Singapore Trade: In 2022, France exported $10.1B to Singapore. The main products that France exported to Singapore were Trunks and Cases ($1.38B), Beauty Products ($1.14B), and Glands and Other Organs ($660M). Over the past 5 years the exports of France to Singapore have increased at an annualized rate of 4.1%,  from $8.22B in 2017 to $10.1B in 2022.

In 2020, France exported services to Singapore worth $2.92B, with Other business services ($1.17B), Royalties and license fees ($1.13B), and Transportation ($351M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $2.46B to France. The main products exported from Singapore to France were Refined Petroleum ($438M), Glands and Other Organs ($390M), and Integrated Circuits ($265M). During the last 5 years the exports of Singapore to France have decreased at an annualized rate of 6.33%, from $3.42B in 2017 to $2.46B in 2022.

In 2017, France exported $10.1B to Singapore. The main products exported from France to Singapore were Trunks and Cases ($1.38B), Beauty Products ($1.14B), and Glands and Other Organs ($660M). During the last 5 years the exports of France to Singapore have increased at an annualized rate of 4.1%, from $8.22B in 2022 to $10.1B in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and France (Flag)

Singapore Exports

France Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
France
Top DestinationGermany$78.3B

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

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

In 2022, countries that imported more from France than Singapore included Germany ($78.3B), Italy ($56.4B), and Spain ($46.4B).

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

Comparative Advantage Singapore - France

Flow
Scale

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

During 2022, Singapore had a large net trade with France in the exports of Machines ($866M), Chemical Products ($587M), and Mineral Products ($438M).

During 2017, France had a large net trade with Singapore in the exports of Chemical Products ($2.86B), Machines ($1.79B), and Animal Hides ($1.45B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore France+$317MRefined Petroleum
Top Product Potential France Singapore+$94.9MIntegrated Circuits

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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Bilateral Service Trade

In 2015, Singapore exported services to France worth $763M, with Other business services ($495M), Transportation ($246M), and Royalties and license fees ($17.2M) being the largest in terms of value.

In 2020, France exported services to Singapore worth $2.92B, with Other business services ($1.17B), Royalties and license fees ($1.13B), and Transportation ($351M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Singapore (Flag) to France (Flag) (2015)

Services Exports from France (Flag) to Singapore (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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