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How dependent is Singapore on India?

In 2024, India sold $10.7 billion to Singapore, 2.4% of its imports, ranking 11th among its suppliers. Its share was 2.2% in 2019 and 0.79% in 1995. In 8 products it sells more than 50% of what Singapore buys of them (in 1, more than 75%); what Singapore buys from India in those products (dominated value) adds up to $898 million, 0.2% of its imports.

Summary

Share of its imports
2.4%
Value imported
$10.7billion
Rank among its suppliers
11th
Products where it sells over 50%
8
Products where it sells over 75%
1
Dominated value
$898million
Share of total imports
0.2%

Trend

Trend in shares

India went from 0.79% to 2.4% of what Singapore buys

Share (%)

  • India 2.4%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951,0040.79%21
19961,0920.81%21
19971,1230.82%21
19986520.61%22
19997920.68%21
20001,1380.79%23
20011,1830.94%20
20021,2631%20
20031,5371.1%20
20043,0471.7%16
20054,5352.5%12
20065,4962.5%11
20076,1932.3%12
20089,8153%10
20096,7762.7%12
20107,1922.4%12
201112,6403.5%9
201214,3353.7%10
201311,2202.9%11
20149,5752.5%12
20156,5152.1%14
20166,5272.2%14
20178,8932.6%10
20188,1322.2%15
20197,8142.2%14
20205,7801.7%16
20217,6801.9%13
20229,2502%12
202310,3602.5%11
202410,7212.4%11

Products where India sells more than half

ProductSupplierShareSecondValue
Nitrogen heterocyclic compoundsIndia62.7%China · 14.9%$574 million
Unwrought leadIndia55.8%China · 6.6%$296 million
Synthetic gemstonesIndia62.2%Hong Kong · 16%$13 million
Silk fabricIndia82.2%over 75%China · 7.3%$7 million
Anise, coriander and cumin seedsIndia57.1%China · 12.2%$4 million
Prepared human hairIndia57.6%Hong Kong · 26.5%$3 million
Peanut oilIndia64.6%Malaysia · 12.6%$994 thousand
Tanning agentsIndia51.5%Italy · 12.4%$656 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

Singapore is India’s 9th-largest customer, with 2.3% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.