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Bilateral trade
| Indias exports have grown dramatically by 80.01 per cent from 2003-04 to 2004-05 to cross Indias imports from Singapore and balance of trade is now in Indias favour. |
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| Indias exports to Singapore top ten commodities, Jan-Sep 2005
Topped Crudes, Parts & Accessories Of Automatic Data Processing Machines, Automatic Data Processing Input And Output Units, Motor Spirit Refined Premium Leaded, Styrene, Automatic Data Processing Storage Units, Other Monolithic Integrated Circuits, P-Xylene, Monolithic Digital Integrated Circuits, Radio Transmission Apparatus with Reception Apparatus
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Indias imports from Singapore top ten commodities, Jan-Sep 2005
Non-Industrial Diamonds Worked, Topped Crudes, Motor Spirit Refined Premium Leaded, Aluminium Unwrought, Benzene, Articles Of Jewellery Of Other Precious Metal Whether Or not Plated Or Clad With Precious Metal, Other Medicaments Packed For Retail Sale, Parts Of Boring Or Sinking Machinery, Static Converters, Other Medical Surgical Dental Or Veterinary Instruments & Appliances
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Indias exports to Singapore
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2003-04 |
% Share |
% Growth |
2004-05 |
% Share |
% Growth |
| Exports to Singapore |
2,124.84 |
3.33 |
49.47 |
3,824.94 |
4.75 |
80.01 |
| Indias total export |
63,842.97 |
|
21.10 |
80,540.19 |
|
26.15 |
Source: Exports Import Databank, Ministry of Commerce & Industry, Government of India
Indias imports from Singapore In US$ million
|
2003-04 |
% Share |
% Growth |
2004-05 |
% Share |
% Growth |
| Imports from Singapore |
2,085.38 |
2.67 |
45.34 |
2,584.63 |
2.37 |
23.94 |
| Indias total import |
78,149.61 |
|
27.25 |
109,173.23 |
|
39.70 |
Source: Exports Import Databank, Ministry of Commerce & Industry, Government of India
Relative importance of Indias trade with Singapore (2004-05)
Indias total global trade
1,89,713.42 |
Indias trade with Singapore
6,409.57 |
% Share of Indias trade with Singapore
3.38 |
Indias total global export
80,540.19 |
Indias exports to Singapore
3,824.94 |
% Share of Indias exports to Singapore
4.75 |
Indias total global import
109,173.23 |
Indias import from Singapore
2,584.63 |
% Share of Indias imports from Singapore
2.37 |
Source: Exports Import Databank, Ministry of Commerce & Industry, Government of India
Indias share in Singapores global trade (2002-03)
Singapores global trade
2,72,117 |
Indias trade with Singapore
2,856.39 |
Indias % Share
1.05 |
Singapores global imports
1,27,996 |
Indias exports to Singapore
1,421.58 |
Indias % Share
1.11 |
Singapores global exports
1,44,121 |
Indias imports from Singapore
1,434.81 |
Indias % Share
0.99 |
Source: Exports Import Databank, Ministry of Commerce & Industry, Government of India and Direction of Trade Statistics Yearbook, 2004
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