Singapore (SGP) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

About

Singapore-Bangladesh In 2022, Singapore exported $4.68B to Bangladesh. The main products that Singapore exported to Bangladesh are Refined Petroleum ($2.45B), Gold ($214M), and Jewellery ($204M). During the last 27 years the exports of Singapore to Bangladesh have increased at an annualized rate of 8.32%, from $542M in 1995 to $4.68B in 2022.

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

Bangladesh-Singapore In N/A, Bangladesh did not export any products to Singapore.

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

Comparison In 2022, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $4.68B to Bangladesh. The main products exported from Singapore to Bangladesh were Refined Petroleum ($2.45B), Gold ($214M), and Jewellery ($204M). During the last 27 years the exports of Singapore to Bangladesh have increased at an annualized rate of 8.32%, from $542M in 1995 to $4.68B in 2022.

Bangladesh does not register exports to Singapore.

Exports from Singapore () to Bangladesh () (2022)

Exports from Bangladesh () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bangladesh ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Bangladesh
Top DestinationUnited States$11.7B

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

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

In 2021, countries that imported more from Bangladesh than Singapore were Spain ($4.41B), Germany ($10.2B), and Poland ($3.53B).

Difference in imports from Bangladesh () and Singapore () (2022)

Comparative Advantage Singapore - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Bangladesh in the exports of Mineral Products ($2.49B), Machines ($722M), and Chemical Products ($466M).

Economic Complexity

Competitive Landscape

Year

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 Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Bangladesh () (2022)

Exports from Bangladesh () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bangladesh ()

Singapore Exports

Market Competitiveness

Difference in imports from Bangladesh () and Singapore () (2022)

Comparative Advantage Singapore - Bangladesh

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Bangladesh () (2022)

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