Singapore-Saint Helena Bilateral Trade Analysis 2023
Complete trade statistics: $12.73M total volume •Singapore deficit: $12.66M
Singapore → Saint Helena
$34,032
Exports (2023)
Saint Helena → Singapore
$12.70M
Imports (2023)
Trade Balance
$12.66M
Deficit for Singapore
Total Trade
$12.73M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Singapore and Saint Helena. Green line shows exports from Singapore, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Singapore-Saint Helena commercial relationship and competitive positioning in global markets.
Singapore → Saint Helena Exports
Export Market Intelligence
🎯 Strategic Export Focus
Singapore's export portfolio to Saint Helena demonstrates strategic specialization, with parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads representing a key competitive advantage in this bilateral market.
Saint Helena → Singapore Imports
Import Dependency Profile
📦 Import Strategy Analysis
Singapore's import pattern from Saint Helena reveals significant dependencyin fish: frozen, toothfish (dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Singapore demonstrates competitive strength in exportingparts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads to Saint Helena, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $12.73M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Singapore-Saint Helena Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $12.73 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Singapore maintains a deficit of $12.66 million
- Export Focus: Singapore's primary exports include parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads
- Import Dependencies: Key imports from Saint Helena include fish: frozen, toothfish (dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99, fish fillets: frozen, toothfish (dissostichus spp.), medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $12.73M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Singapore leveraging its comparative advantages in parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Singapore's specialization in parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheadscomplements Saint Helena's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fish: frozen, toothfish (dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $12.73M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $12.73M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $12.73 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads and fish: frozen, toothfish (dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Singapore's trade deficit of $12.66 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Singapore and Saint Helena represents a total trade volume of $12.73 million in 2023. This partnership demonstrates an unfavorable trade balance for Singapore, with imports exceeding exportsby $12.66 million.
Export Strengths
Singapore's exports to Saint Helena total $34.03 thousand, with competitive advantages in parts & accessories suited for use solely/principally with machines of headings 8456-8465: tool holders and self-opening dieheads, representing $34,032 or100.0% of bilateral exports.
Import Dependencies
Imports from Saint Helena amount to $12.70 million, highlighting economic interdependence in fish: frozen, toothfish (dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99, with Fish: frozen, toothfish (Dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99 comprising92.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Singapore's strategic sourcing from Saint Helena. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Singapore and Saint Helena in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023