Sign In
Pricing

2022
Flag → Flag
Exports $20.4BRnk 6 / 215
2022
Flag → Flag
Top Product $2.94BCoal Briquettes
2022
Flag → Flag
Exports $10.8BRnk 8 / 217
2022
Flag → Flag
Top Product $4.69BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

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 2022, Singapore did not export any services to India.

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 0.073%,  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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $20.4B to India. The main products exported from Singapore to India were Coal Briquettes ($2.94B), Integrated Circuits ($1.56B), and Refined Petroleum ($895M). During the last 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 2017, India exported $10.8B to Singapore. The main products exported from India to Singapore were Refined Petroleum ($4.69B), Jewellery ($709M), and Passenger and Cargo Ships ($409M). During the last 5 years the exports of India to Singapore have increased at an annualized rate of 0.073%, from $10.7B in 2022 to $10.8B in 2017.

Exports from Singapore (Flag) to India (Flag) (2022)

Exports from India (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and India (Flag)

Singapore Exports

India Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
India
Top DestinationUnited States$82.9B

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 2022, countries that imported more from Singapore than India included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from India than Singapore included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - India

Flow
Scale

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

During 2022, Singapore had a large net trade with India in the exports of Machines ($6.69B), Mineral Products ($4.75B), and Chemical Products ($2.32B).

During 2017, India had a large net trade with Singapore in the exports of Mineral Products ($4.87B), Machines ($1.41B), and Precious Metals ($1.16B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore India+$603MIntegrated Circuits
Top Product Potential India Singapore+$1.99BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and India. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and India (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms