Flag Singapore / India Flag

2019
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Exports
: $14.1B, Rnk 6 / 214

2019
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Top Product
: $930M, Integrated Circuits

2019
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Exports
: $9.53B, Rnk 5 / 219

2019
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Top Product
: $3.71B, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.77, Rnk 6 / 146

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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GDP
: $372B, CURRENT US$
Rnk 33 / 187

2009-2019
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GDP GROWTH
: 91.6%, CURRENT US$
Rnk 36 / 187

2019
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 GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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GDP PC 
: $65,233, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP PC GROWTH
: 67.6%, CURRENT US$
Rnk 34 / 187

2019
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GDP PC
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
Flag
GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

Singapore-India: In 2019, Singapore exported $14.1B to India. The main products that Singapore exported to India are Integrated Circuits ($930M), Computers ($763M), and Refined Petroleum ($595M). During the last 24 years the exports of Singapore to India have increased at an annualized rate of 10.3%, from $1.34B in 1995 to $14.1B in 2019.

In 2017, Singapore exported services to India worth $2.8B, with Transportation ($1.72B), Other business services ($828M), and Insurance services ($164M) being the largest in terms of value.

India-Singapore: In 2019, India exported $9.53B to Singapore . The main products that India exported to Singapore were Refined Petroleum ($3.71B), Special Purpose Ships ($1.57B), and Jewellery ($420M). During the last 24 years the exports of India to Singapore have increased at an annualized rate of 9.96%, from $976M in 1995 to $9.53B in 2019.

In 2019, India did not exported services to Singapore.

Comparison: In 2019,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.77), and 18 in total exports ($301B). That same year, India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, Singapore exported $14.1B to India. The main products exported from Singapore to India were Integrated Circuits ($930M), Computers ($763M), and Refined Petroleum ($595M). During the last 24 years the exports of Singapore to India have increased at an annualized rate of 10.3%, from $1.34B in 1995 to $14.1B in 2019.

In 2019, India exported $9.53B to Singapore. The main products exported from India to Singapore were Refined Petroleum ($3.71B), Special Purpose Ships ($1.57B), and Jewellery ($420M). During the last 24 years the exports of India to Singapore have increased at an annualized rate of 9.96%, from $976M in 1995 to $9.53B in 2019.

Market Competitiveness

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Measure

Singapore
Top Destination
: China, $45.8B

India
Top Destination
: United States, $55.3B

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

In 2019, countries that imported more from Singapore than India were China ($45.8B), Hong Kong ($39.1B), and Malaysia ($28.2B).

In 2019, countries that imported more from India than Singapore were United States ($55.3B), United Arab Emirates ($28.6B), and Nepal ($7.11B).

Comparative Advantage Singapore - India

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Depth

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

During 2019, Singapore had a large net trade with India in the exports of Machines ($5.43B), Chemical Products ($1.86B), and Mineral Products ($1.42B).

During 2019, India had a large net trade with Singapore in the exports of Mineral Products ($3.91B), Transportation ($2.08B), and Machines ($1.1B).

Bilateral Service Trade

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In 2017, Singapore exported services to India worth $2.8B, with Transportation ($1.72B), Other business services ($828M), and Insurance services ($164M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over Singapore.