Singapore (SGP) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Singapore-North Korea Trade: In 2020, Singapore exported $123k to North Korea. The main products that Singapore exported to North Korea were N/A. Over the past 7 years the exports of Singapore to North Korea have decreased at an annualized rate of 58.6%, from $59.4M in 2013 to $123k in 2020.

In 2020, Singapore did not export any services to North Korea.

North Korea-Singapore Trade: In 2020, North Korea exported $2 to Singapore. The main products that North Korea exported to Singapore were N/A. Over the past 7 years the exports of North Korea to Singapore have decreased at an annualized rate of 95.5%, from $10.3M in 2013 to $2 in 2020.

In 2020, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Singapore exported $123k to North Korea. There were not main exports from Singapore to North Korea in 2020. During the last 7 years the exports of Singapore to North Korea have decreased at an annualized rate of 58.6%, from $59.4M in 2013 to $123k in 2020.

In 2013, North Korea exported $2 to Singapore. There were not main exports from North Korea to Singapore in 2013. During the last 5 years the exports of North Korea to Singapore have decreased at an annualized rate of 95.5%, from $10.3M in 2018 to $2 in 2013.

Exports from Singapore () to North Korea () (2020)

Exports from North Korea () to Singapore () (2020)

Latest Data

Trade between Singapore () and North Korea ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

North Korea
Top DestinationChina$131M

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

In 2022, countries that imported more from Singapore than North Korea included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from North Korea than Singapore included Niger ($3.45M) and Suriname ($4.51M).

Difference in imports from North Korea () and Singapore () (2022)

Comparative Advantage Singapore - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Singapore had a large net trade with North Korea in the exports of .

During 2013, North Korea had a large net trade with Singapore in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Singapore and North Korea. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to North Korea () (2020)

Exports from North Korea () to Singapore () (2020)

Latest Data

Trade between Singapore () and North Korea ()

Singapore Exports

Market Competitiveness

Difference in imports from North Korea () and Singapore () (2022)

Comparative Advantage Singapore - North Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and North Korea () (2020)

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