Singapore / Israel

Singapore-Israel Trade: In 2023, Singapore exported $494M to Israel. The main products that Singapore exported to Israel were Machinery Having Individual Functions ($67.7M), Integrated Circuits ($55.3M), and Diamonds ($44M). Over the past 5 years the exports of Singapore to Israel have decreased at an annualized rate of 7.43%, from $727M in 2018 to $494M in 2023.

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

Israel-Singapore Trade: In 2023, Israel exported $715M to Singapore. The main products that Israel exported to Singapore were Diamonds ($95M), Broadcasting Equipment ($53.3M), and Other Measuring Instruments ($44.1M). Over the past 5 years the exports of Israel to Singapore have increased at an annualized rate of 2.21%,  from $641M in 2018 to $715M in 2023.

In 2012, Israel exported services to Singapore worth $12.2M, with Computer and information services ($9.07M) and Construction services ($3.14M) being the largest in terms of value.

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).