Singapore / Israel

Singapore-Israel Trade: In 2022, Singapore exported $2.08B to Israel. The main products that Singapore exported to Israel were Refined Petroleum ($388M), Diamonds ($209M), and Integrated Circuits ($182M). Over the past 5 years the exports of Singapore to Israel have increased at an annualized rate of 5.04%, from $1.63B in 2017 to $2.08B in 2022.

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

Israel-Singapore Trade: In 2022, Israel exported $1.06B to Singapore. The main products that Israel exported to Singapore were Diamonds ($189M), Other Measuring Instruments ($102M), and Gas Turbines ($71.9M). Over the past 5 years the exports of Israel to Singapore have increased at an annualized rate of 11.7%,  from $611M in 2017 to $1.06B in 2022.

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 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).