Singapore / India

Singapore-India Trade: In 2022, Singapore exported $20.4B to India. The main products that Singapore exported to India were Coal Briquettes ($2.94B), Integrated Circuits ($1.56B), and Refined Petroleum ($895M). Over the past 5 years the exports of Singapore to India have increased at an annualized rate of 16.7%, from $9.41B in 2017 to $20.4B in 2022.

In 2015, Singapore exported services to India worth $2.46B, with Transportation ($1.53B), Other business services ($658M), and Insurance services ($122M) being the largest in terms of value.

India-Singapore Trade: In 2022, India exported $10.8B to Singapore. The main products that India exported to Singapore were Refined Petroleum ($4.69B), Jewellery ($709M), and Passenger and Cargo Ships ($409M). Over the past 5 years the exports of India to Singapore have increased at an annualized rate of 0.13%,  from $10.7B in 2017 to $10.8B in 2022.

In 2022, India did not export any services to Singapore.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).