{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:53.900Z", "seo": { "title": "Singapore exports to Thailand: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Singapore to Thailand, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "SGP", "country_name": "Singapore" }, "importer": { "iso3": "THA", "country_name": "Thailand" }, "latestYear": 2024, "risk": { "exporter_iso3": "SGP", "importer_iso3": "THA", "all_history_lane_count": 1285, "current_lane_count": 1240, "current_product_count": 1240, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 12342486998.4161, "attention_trade_usd": 10293668605.859108, "critical_trade_usd": 884923007.0477918, "high_volatility_trade_usd": 6359871143.883355, "unrecovered_drawdown_trade_usd": 2353958907.517276, "declining_demand_trade_usd": 841361.0130329136, "concentrated_market_trade_usd": 5675895513.801394, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 12342486998.4161, "critical_lane_count": 24, "high_attention_lane_count": 355, "high_volatility_lane_count": 525, "unrecovered_drawdown_lane_count": 884, "declining_demand_lane_count": 2, "concentrated_market_lane_count": 803, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.0397382001340643, "trade_weighted_below_peak_pct": 25.139877467217808, "product_concentration_hhi": 687.7232562213023, "top1_product_share_pct": 21.87880996742112, "top3_product_share_pct": 36.27564644731294, "top_product_hs6": "854231", "top_product_trade_usd": 2700389275.6371174, "top_product_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits", "top_attention_product_hs6": "854231", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 1433.9361572265625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.08159060031175613, "has_reported_fta": 1, "avg_applied_tariff_pct": 26.50859682115151, "avg_mfn_tariff_pct": 30.57545667454545, "avg_preferential_tariff_pct": 4.876343457393938, "tariff_advantage_pp": 25.69911321715151, "buyer_biz_entry_days": 6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 505981.655622, "buyer_gdp_pc_latest": 7233, "buyer_population_latest": 69950.844, "buyer_gdp_5y_cagr_pct": -0.6503068707693682, "buyer_gdp_pc_5y_cagr_pct": -0.6907461577446372, "buyer_population_5y_cagr_pct": 0.0407205626975049, "buyer_investment_5y_avg_pct": 25.753999999999998, "buyer_savings_5y_avg_pct": 31.083999999999996, "buyer_macro_resilience_label": "Buyer economy and income contracted", "attention_trade_share_pct": 83.40027911052356, "critical_trade_share_pct": 7.169730113236929, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets", "buyer_macro_weakness" ], "attention_level": "High attention", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 505981.655622, "buyer_gdp_pc_2024": 7233, "buyer_population_2024": 69950.844 }, "history": [ { "year": 1995, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 5454439565.348584, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 5476992153.94886, "yoy_growth_pct": 0.41347215108129554, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4348262679.804114, "yoy_growth_pct": -20.608564745358315, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 3196373847.9411383, "yoy_growth_pct": -26.490783024977404, "cagr_3y_pct": -16.317275458681003 }, { "year": 1999, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4004082189.0659504, "yoy_growth_pct": 25.269520386205023, "cagr_3y_pct": -9.914763812189664 }, { "year": 2000, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4531727566.7983675, "yoy_growth_pct": 13.177685991892773, "cagr_3y_pct": 1.387093657346239 }, { "year": 2001, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4081776948.2779737, "yoy_growth_pct": -9.928898237770301, "cagr_3y_pct": 8.491879599744468 }, { "year": 2002, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4083289431.6664495, "yoy_growth_pct": 0.0370545330536487, "cagr_3y_pct": 0.6550866628532992 }, { "year": 2003, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 4420283771.328105, "yoy_growth_pct": 8.253011335621219, "cagr_3y_pct": -0.8265429417228853 }, { "year": 2004, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 5570346193.128965, "yoy_growth_pct": 26.017841416894292, "cagr_3y_pct": 10.920283983428746 }, { "year": 2005, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 6982176642.95444, "yoy_growth_pct": 25.34547047662803, "cagr_3y_pct": 19.580460738518802 }, { "year": 2006, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 8145433212.855036, "yoy_growth_pct": 16.66037153434685, "cagr_3y_pct": 22.599306085668957 }, { "year": 2007, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 8955893733.469772, "yoy_growth_pct": 9.949876199778739, "cagr_3y_pct": 17.149987941179056 }, { "year": 2008, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 9852796575.339119, "yoy_growth_pct": 10.01466596814855, "cagr_3y_pct": 12.16470749674956 }, { "year": 2009, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 7551456414.160504, "yoy_growth_pct": -23.3572280071093, "cagr_3y_pct": -2.492315302052195 }, { "year": 2010, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 8999259659.10402, "yoy_growth_pct": 19.172503495201166, "cagr_3y_pct": 0.16114571999223948 }, { "year": 2011, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10279568197.044283, "yoy_growth_pct": 14.226820721247346, "cagr_3y_pct": 1.4234669553846224 }, { "year": 2012, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 11238428817.022545, "yoy_growth_pct": 9.327829745358041, "cagr_3y_pct": 14.171654085494412 }, { "year": 2013, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 11144556895.23423, "yoy_growth_pct": -0.8352762055682472, "cagr_3y_pct": 7.387073604444239 }, { "year": 2014, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 11150772048.147516, "yoy_growth_pct": 0.05576850629156471, "cagr_3y_pct": 2.748783459680215 }, { "year": 2015, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10078908436.48188, "yoy_growth_pct": -9.612460976132187, "cagr_3y_pct": -3.56471531720568 }, { "year": 2016, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 9649002316.965895, "yoy_growth_pct": -4.26540356255134, "cagr_3y_pct": -4.6896930251237094 }, { "year": 2017, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10615618803.791191, "yoy_growth_pct": 10.017786866168432, "cagr_3y_pct": -1.6260464114324136 }, { "year": 2018, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10345313116.621054, "yoy_growth_pct": -2.5463017480771066, "cagr_3y_pct": 0.8734125634999534 }, { "year": 2019, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 9767658113.08142, "yoy_growth_pct": -5.583736297082753, "cagr_3y_pct": 0.4082381082894271 }, { "year": 2020, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 9045177259.570305, "yoy_growth_pct": -7.396664022704968, "cagr_3y_pct": -5.196597956340565 }, { "year": 2021, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 9195674759.162073, "yoy_growth_pct": 1.6638424573994115, "cagr_3y_pct": -3.85058323393499 }, { "year": 2022, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10242877158.810062, "yoy_growth_pct": 11.387988669397142, "cagr_3y_pct": 1.5961314751590239 }, { "year": 2023, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 10817028471.112993, "yoy_growth_pct": 5.605371453753061, "cagr_3y_pct": 6.144369955320483 }, { "year": 2024, "exporter_iso3": "SGP", "importer_iso3": "THA", "export_value_usd": 12477470876.74462, "yoy_growth_pct": 15.35026379995077, "cagr_3y_pct": 10.7085053518013 } ], "riskLanes": [ { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "854231", "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits", "buyer_imports_latest_usd": 7262816264.841843, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3283386118151865, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "852329", "hs_description": "Magnetic media: other than cards incorporating a magnetic stripe, whether or not recorded, excluding products of Chapter 37", "buyer_imports_latest_usd": 2190695726.087567, "current_below_peak_pct": 24.165120585355147, "lane_volatility_cv": 0.9281495653899375, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "710813", "hs_description": "Metals: gold, semi-manufactured", "buyer_imports_latest_usd": 1015493896.2204037, "current_below_peak_pct": 0, "lane_volatility_cv": 1.4658463472812986, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "710812", "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)", "buyer_imports_latest_usd": 14067731674.616665, "current_below_peak_pct": 28.08789390910925, "lane_volatility_cv": 1.627641615802673, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "854239", "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542", "buyer_imports_latest_usd": 11175811259.396873, "current_below_peak_pct": 46.704716320106435, "lane_volatility_cv": 0.4291792859850492, "attention_level": "Watch", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "210690", "hs_description": "Food preparations: n.e.s. in item no. 2106.10", "buyer_imports_latest_usd": 948047748.9140487, "current_below_peak_pct": 0, "lane_volatility_cv": 1.260935233427719, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "330290", "hs_description": "Odoriferous substances and mixtures: used as raw materials in industries other than the food or drink industries", "buyer_imports_latest_usd": 379370478.30423784, "current_below_peak_pct": 0, "lane_volatility_cv": 0.733656308938363, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 1480783198.2165902, "current_below_peak_pct": 50.64714783974594, "lane_volatility_cv": 0.5079397149884576, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "854290", "hs_description": "Parts of electronic integrated circuits", "buyer_imports_latest_usd": 2752678417.963856, "current_below_peak_pct": 34.623101935591386, "lane_volatility_cv": 0.5137778954258106, "attention_level": "Watch", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness" ] }, { "exporter_iso3": "SGP", "importer_iso3": "THA", "hs_code": "330210", "hs_description": "Odoriferous substances and mixtures: of a kind used in the food or drink industries", "buyer_imports_latest_usd": 393227359.9655373, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8663623647143918, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "SGP", "importer_iso3": "THA", "distance_km": 1423, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 505981.655622, "importer_gdp_per_capita_usd": 7233.388858353161, "importer_population": 69950.844, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 3, "exporter_gdp_million_usd": 396986.89988800004, "exporter_gdp_per_capita_usd": 72794.00302260944, "avg_applied_tariff_pct": 26.50859682115151, "avg_mfn_tariff_pct": 30.57545667454545, "avg_preferential_tariff_pct": 4.876343457393938, "tariff_advantage_pp": 25.69911321715151 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/SGP-THA/risk", "html": "https://www.yugalinks.com/trade/corridor/SGP-THA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/SGP-THA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/SGP-THA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/SGP-THA/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }