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How dependent is Indonesia on Singapore?

In 2024, Singapore sold $20.9 billion to Indonesia, 9% of its imports, ranking 2nd among its suppliers. Its share was 10.3% in 2019 and 5.5% in 1995. In 13 products it sells more than 50% of what Indonesia buys of them (in 0, more than 75%); what Indonesia buys from Singapore in those products (dominated value) adds up to $11.8 billion, 5.1% of its imports.

Summary

Some of these goods may have been produced in another country: countries record origin in different ways.

Share of its imports
9%
Value imported
$20.9billion
Rank among its suppliers
2nd
Products where it sells over 50%
13
Products where it sells over 75%
0
Dominated value
$11.8billion
Share of total imports
5.1%

Trend

Trend in shares

Singapore went from 5.5% to 9% of what Indonesia buys

Share (%)

  • Singapore 9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952,3675.5%5
19962,8756.3%4
19973,4117.3%3
19982,5438.7%3
19992,5269.5%3
20003,78910.3%2
20013,1479.2%3
20024,10011.7%2
20035,06613.2%1
20047,04013.5%1
200510,53416.4%1
200611,18016.6%1
200711,93214.2%1
200823,37117.2%1
200916,40315.9%1
201021,20915.2%2
201127,18015.2%1
201226,89713.8%2
201326,22713.7%2
201426,12714.3%2
201519,21313.1%2
201615,57411.1%2
201718,93611.8%2
201821,94111.6%2
201917,71910.3%2
202012,4348.5%2
202115,5297.9%2
202219,3478.3%2
202318,9108.6%2
202420,8639%2

Products where Singapore sells more than half

ProductSupplierShareSecondValue
Refined petroleumSingapore51.7%Malaysia · 21%$10.5 billion
Cyclic hydrocarbonsSingapore63.7%China · 9.9%$485 million
Petroleum coke and bitumenSingapore67.6%China · 9.1%$328 million
Fuel and lubricant additivesSingapore61.1%China · 17.9%$194 million
Navigation instrumentsSingapore62.1%Hong Kong · 10.8%$171 million
Cigarettes and cigarsSingapore53.1%Vietnam · 26.4%$86 million
Sound players and recordersSingapore66.2%China · 15.1%$24 million
Unwrought tinSingapore70.8%Malaysia · 24.2%$20 million
Poultry meatSingapore54%Brazil · 39.8%$15 million
ParachutesSingapore69.8%Germany · 20.1%$11 million
Watch movementsSingapore73.4%Switzerland · 10.6%$1 million
Carrots, turnips and other root vegetablesSingapore52.3%China · 46.2%$1 million
Zinc bars, rods, profiles and wireSingapore62.1%China · 12.9%$964 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Singapore

Indonesia is Singapore’s 5th-largest customer, with 6.3% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.