Singapore / Portugal

Singapore-Portugal Trade: In 2023, Singapore exported $357M to Portugal. The main products that Singapore exported to Portugal were Integrated Circuits ($161M), Gas Turbines ($92.1M), and Semiconductor Devices ($29.6M). Over the past 5 years the exports of Singapore to Portugal have increased at an annualized rate of 35.4%, from $78.3M in 2018 to $357M in 2023.

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

Portugal-Singapore Trade: In 2023, Portugal exported $326M to Singapore. The main products that Portugal exported to Singapore were Integrated Circuits ($78.9M), Refined Petroleum ($78.4M), and Knitting Machine Accessories ($54.6M). Over the past 5 years the exports of Portugal to Singapore have decreased at an annualized rate of 2.87%,  from $377M in 2018 to $326M in 2023.

In 2003, Portugal exported services to Singapore worth $6.26M, with Services not allocated ($6.26M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).