India / Singapore

Overview In August 2024, India exported $890M and imported $1.9B from Singapore, resulting in a negative trade balance of $1.01B. Between August 2023 and August 2024 the exports of India have decreased by $-613M (-40.8%) from $1.5B to $890M, while imports decreased by $-98.2M (-4.92%) from $2B to $1.9B.

Trade In August 2024, the top exports of India to Singapore were Petroleum Products ($380M), Ship, Boat And Floating Struct ($87.7M), Electric Machinery And Equipme ($87.6M), Gold And Oth Precs Metl Jwlery ($52.1M), and Organic Chemicals ($47M). In August 2024 the top imports of India from Singapore were Coal,Coke And Briquittes Etc ($244M), Electronics Components ($217M), Computer Hardware, Peripherals ($122M), Petroleum Products ($104M), and Plastic Raw Materials ($90M).

Growth In August 2024, the decrease in India's year-by-year exports to Singapore was explained primarily by an decrease in product exports in Petroleum Products ($-100M or -20.9%), Aluminium, Products Of Aluminm ($-10.3M or -95.8%), and Telecom Instruments ($-4.82M or -72.1%). In August 2024, the decrease in India's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Gold ($-116M or -96.5%), Computer Hardware, Peripherals ($-77.5M or -38.8%), and Organic Chemicals ($-75.6M or -53.3%).