Singapore vs Australia: 2023 Trade Comparison
Side-by-side stats from CEPII BACI. Bold values mark the larger figure.
| Singapore | Metric | Australia |
|---|---|---|
| $340.40B | Total exports | $385.78B |
| $408.95B | Total imports | $283.23B |
| $-68.55B | Trade balance | $102.54B |
| $749.35B | Total trade volume | $669.01B |
| #24 | Global export rank | #19 |
| #16 | Global import rank | #22 |
Direct trade between Singapore and Australia
Singapore → Australia
$12.14B
Australia → Singapore
$7.37B
Singapore top exports
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$59.01B
- processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$28.78B
- n.e.c. in heading no. 8542$22.11B
- Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits$11.41B
- memories$10.55B
Australia top exports
- non-agglomerated$93.03B
- bituminous, whether or not pulverised, but not agglomerated$61.65B
- liquefied, natural gas$46.19B
- gold, non-monetary, unwrought (but not powder)$16.20B
- (other than anthracite and bituminous), whether or not pulverised but not agglomerated$14.80B
Shared top trade partners
Both countries appear as major export destinations for 9 of the same partners:
ChinaJapanRep. of KoreaOther Asia, nesUSAIndonesiaViet NamMalaysiaChina, Hong Kong SAR