2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
Rnk 54 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
Rnk 40 / 186

About

Singapore-Tuvalu In 2022, Singapore exported $765k to Tuvalu. The main products that Singapore exported to Tuvalu are Semiconductor Devices ($319k), Integrated Circuits ($173k), and Electrical Transformers ($78.1k). During the last 25 years the exports of Singapore to Tuvalu have increased at an annualized rate of 33.6%, from $545 in 1997 to $765k in 2022.

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

Tuvalu-Singapore In 2022, Tuvalu exported $1.15k to Singapore. The main products that Tuvalu exported to Singapore were Knit T-shirts ($432), Coin ($263), and Knit Women's Suits ($193). During the last 25 years the exports of Tuvalu to Singapore have decreased at an annualized rate of 20.6%, from $373k in 1997 to $1.15k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $765k to Tuvalu. The main products exported from Singapore to Tuvalu were Semiconductor Devices ($319k), Integrated Circuits ($173k), and Electrical Transformers ($78.1k). During the last 25 years the exports of Singapore to Tuvalu have increased at an annualized rate of 33.6%, from $545 in 1997 to $765k in 2022.

In 2022, Tuvalu exported $1.15k to Singapore. The main products exported from Tuvalu to Singapore were Knit T-shirts ($432), Coin ($263), and Knit Women's Suits ($193). During the last 23 years the exports of Tuvalu to Singapore have decreased at an annualized rate of 20.6%, from $373k in 1999 to $1.15k in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Tuvalu (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Tuvalu
Top Destination
Thailand$50M

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

In 2021, countries that imported more from Singapore than Tuvalu were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2019, no countries were registered that imported more from Tuvalu than from Singapore.

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

Comparative Advantage Singapore - Tuvalu

Flow
Scale

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

During 2022, Singapore had a large net trade with Tuvalu in the exports of Machines ($711k), Wood Products ($29.5k), and Instruments ($24.3k).

During 2022, Tuvalu had a large net trade with Singapore in the exports of Textiles ($671), Precious Metals ($263), and Machines ($85).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Tuvalu. Similarly, the more yellow a dot/product is, the more Tuvalu has comparative advantage over Singapore.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with