Singapore-Hong Kong Trade: In 2023, Singapore exported $44.5B to Hong Kong. The main products that Singapore exported to Hong Kong were Integrated Circuits ($28.4B), Gold ($1.95B), and Refined Petroleum ($1.9B). Over the past 5 years the exports of Singapore to Hong Kong have increased at an annualized rate of 2.37%, from $39.6B in 2018 to $44.5B in 2023.
In 2015, Singapore exported services to Hong Kong worth $3.47B, with Other business services ($1.74B), Transportation ($1.49B), and Insurance services ($115M) being the largest in terms of value.
Hong Kong-Singapore Trade: In 2023, Hong Kong exported $2.26B to Singapore. The main products that Hong Kong exported to Singapore were Gold ($559M), Jewellery ($436M), and Paintings ($158M). Over the past 5 years the exports of Hong Kong to Singapore have decreased at an annualized rate of 9.84%, from $3.79B in 2018 to $2.26B in 2023.
In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).