2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

France-Singapore Trade: In 2022, France exported $10.1B to Singapore. The main products that France exported to Singapore were Trunks and Cases ($1.38B), Beauty Products ($1.14B), and Glands and Other Organs ($660M). Over the past 5 years the exports of France to Singapore have increased at an annualized rate of 4.1%, from $8.22B in 2017 to $10.1B in 2022.

In 2020, France exported services to Singapore worth $2.92B, with Other business services ($1.17B), Royalties and license fees ($1.13B), and Transportation ($351M) being the largest in terms of value.

Singapore-France Trade: In 2022, Singapore exported $2.46B to France. The main products that Singapore exported to France were Refined Petroleum ($438M), Glands and Other Organs ($390M), and Integrated Circuits ($265M). Over the past 5 years the exports of Singapore to France have decreased at an annualized rate of 6.33%,  from $3.42B in 2017 to $2.46B in 2022.

In 2015, Singapore exported services to France worth $763M, with Other business services ($495M), Transportation ($246M), and Royalties and license fees ($17.2M) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $10.1B to Singapore. The main products exported from France to Singapore were Trunks and Cases ($1.38B), Beauty Products ($1.14B), and Glands and Other Organs ($660M). During the last 5 years the exports of France to Singapore have increased at an annualized rate of 4.1%, from $8.22B in 2017 to $10.1B in 2022.

In 2017, Singapore exported $2.46B to France. The main products exported from Singapore to France were Refined Petroleum ($438M), Glands and Other Organs ($390M), and Integrated Circuits ($265M). During the last 5 years the exports of Singapore to France have decreased at an annualized rate of 6.33%, from $3.42B in 2022 to $2.46B in 2017.

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

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

Latest Data

Trade between France (Flag) and Singapore (Flag)

France Exports

Singapore Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from France than Singapore included Germany ($78.3B), Italy ($56.4B), and Spain ($46.4B).

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

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

Comparative Advantage France - Singapore

Flow
Scale

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

During 2022, France had a large net trade with Singapore in the exports of Chemical Products ($2.86B), Machines ($1.79B), and Animal Hides ($1.45B).

During 2017, Singapore had a large net trade with France in the exports of Machines ($866M), Chemical Products ($587M), and Mineral Products ($438M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Singapore+$94.9MIntegrated Circuits
Top Product Potential Singapore France+$317MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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