Summary
- India → Singapore
- $10.7billion
- Singapore → India
- $7.9billion
- India’s balance
- $2.8billion
Balance
India’s trade balance with Singapore
Trade between India and Singapore grew 9-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 10.7
- Imports 7.9
- Balance +2.8
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $1 billion | $1.1 billion | -$67 million |
| 1996 | $1.1 billion | $1 billion | $86 million |
| 1997 | $1.1 billion | $1.1 billion | -$3 million |
| 1998 | $652 million | $1.6 billion | -$930 million |
| 1999 | $792 million | $1.9 billion | -$1.1 billion |
| 2000 | $1.1 billion | $1.6 billion | -$421 million |
| 2001 | $1.2 billion | $1.7 billion | -$512 million |
| 2002 | $1.3 billion | $1.6 billion | -$366 million |
| 2003 | $1.5 billion | $2.3 billion | -$746 million |
| 2004 | $3 billion | $2.8 billion | $231 million |
| 2005 | $4.5 billion | $4 billion | $507 million |
| 2006 | $5.5 billion | $5.2 billion | $323 million |
| 2007 | $6.2 billion | $6.9 billion | -$684 million |
| 2008 | $9.8 billion | $8.1 billion | $1.7 billion |
| 2009 | $6.8 billion | $7 billion | -$199 million |
| 2010 | $7.2 billion | $8 billion | -$806 million |
| 2011 | $12.6 billion | $8.5 billion | $4.1 billion |
| 2012 | $14.3 billion | $8.3 billion | $6 billion |
| 2013 | $11.2 billion | $7.5 billion | $3.8 billion |
| 2014 | $9.6 billion | $7.3 billion | $2.3 billion |
| 2015 | $6.5 billion | $7.7 billion | -$1.1 billion |
| 2016 | $6.5 billion | $6.9 billion | -$405 million |
| 2017 | $8.9 billion | $8.5 billion | $434 million |
| 2018 | $8.1 billion | $14.3 billion | -$6.2 billion |
| 2019 | $7.8 billion | $14.8 billion | -$7 billion |
| 2020 | $5.8 billion | $12.2 billion | -$6.5 billion |
| 2021 | $7.7 billion | $18 billion | -$10.4 billion |
| 2022 | $9.3 billion | $21.8 billion | -$12.5 billion |
| 2023 | $10.4 billion | $7.2 billion | $3.2 billion |
| 2024 | $10.7 billion | $7.9 billion | $2.8 billion |
What they sell each other
What India sells to Singapore
The top 10 headings in 2024, with their share of the total.
What Singapore sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Singapore is 2,502 nautical miles (4,633 km) long: ≈ 6–7.5 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Singapore was India’s 16th largest trading partner (2% of its trade), and India was Singapore’s 11th (2%).
- Singapore in India’s trade
- 1.6%
- Singapore’s rank among India’s partners
- 16th
- India in Singapore’s trade
- 2.4%
- India’s rank among Singapore’s partners
- 11th
Compare with
Other partners of India
Other partners of Singapore
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.