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Asia · Country profile

Singapore

India-Singapore trade corridor: $35.0B bilateral trade, $136.3B FDI into India.

$35.0B
Trade with India
+8.1% YoY
$501.0B
GDP
Nominal
$136.3B
FDI into India
Cumulative
-$9.1B
Trade balance
India deficit

Top exports to Singapore

  • Engineering goods
  • Electronics
  • Marine products

Top imports from Singapore

  • Gold and precious metals
  • Edible oils
  • Electronic components

Key sectors

🌾 Agriculture🧬 Biotechnology🛡️ Defence⚡ Energy

Trade corridor with India

2025: $35.0B · 5-yr CAGR 12.7%

02040202020212022202320242025

Goods trade in USD billion, illustrative demo figures.

Latest Singapore stories

Trade4h ago4 min read

India-Singapore bilateral trade hits a new quarterly high

FDI7h ago5 min read

Singapore investors commit fresh capital to Indian manufacturing

Policy10h ago6 min read

Revised tariff schedule for India-Singapore goods notified

Technology13h ago7 min read

India and Singapore deepen cooperation on digital and AI standards

Policy and tariff watch

MeasureChangeStatusDateAlert
Import duty on engineering goods7% to 1%In forceJan 2026
Rules of origin certificationDigital certificates mandatoryNotifiedMar 2026
Pharma regulatory recognitionMutual recognition under reviewConsultationJun 2026
Agri products SPS standardsRevised residue limitsProposedSep 2026
Trade agreement roundRound 8 of negotiationsNegotiatingDec 2026

Upcoming events and delegations

Forum

India-Singapore Business Forum

Dec 2026 · New Delhi

Delegation

Trade delegation to Singapore

Feb 2027 · Singapore

Buyer meet

Singapore buyers-sellers meet

Mar 2027 · Mumbai

Policy

Joint working group on market access

Nov 2026 · Virtual

Opportunity sectors

🌿S07Ayush & Ayurveda & Herbal Medicine15% projected demand growth⛏️S12Coal22% projected demand growth💎S17Diamond, Gems & Jewellery15% projected demand growth💻S22Electronics & IT & Components11% projected demand growth💳S27FinTech & Digital Payments20% projected demand growth🌍S32Global Trade25% projected demand growth

Top companies in this corridor

REReliance Industries
LALarsen & Toubro
BHBharat Forge
DRDr. Reddy's Laboratories

Leaders active here

Anand MahindraChairman, Mahindra Group
Kiran Mazumdar-ShawFounder, Biocon
Mukesh AmbaniChairman, Reliance Industries

Experts

Meera DeshmukhTrade Compliance SME
Ananya KrishnanExport Advisor
Dr. Aris ThorneTechnology SME

Singapore digest

Weekly trade, policy and tariff updates for the India-Singapore corridor.

Country Pro

Unlock tariff datapacks and corridor forecasts for Singapore.

See plans

Related countries

All countries
🇰🇬KyrgyzstanAsia🇲🇲MyanmarAsia🇰🇷South KoreaAsia🇹🇲TurkmenistanAsia🇧🇩BangladeshAsia🇬🇪GeorgiaAsia
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