Singapore / China

Singapore-China Trade: In 2022, Singapore exported $51.2B to China. The main products that Singapore exported to China were Integrated Circuits ($15B), Machinery Having Individual Functions ($5.54B), and Ethylene Polymers ($2.69B). Over the past 5 years the exports of Singapore to China have decreased at an annualized rate of 0.75%, from $53.1B in 2017 to $51.2B in 2022.

In 2015, Singapore exported services to China worth $7.08B, with Transportation ($4.57B), Other business services ($1.83B), and Royalties and license fees ($392M) being the largest in terms of value.

China-Singapore Trade: In 2022, China exported $73.3B to Singapore. The main products that China exported to Singapore were Refined Petroleum ($8.48B), Integrated Circuits ($6.58B), and Broadcasting Equipment ($4.65B). Over the past 5 years the exports of China to Singapore have increased at an annualized rate of 7.62%,  from $50.8B in 2017 to $73.3B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).