According to resources, Export to Singapore from India stood at a revenue of more than $9 Billion by the year 2020 and fluctuates every year, as you can see in the below mentioned report.
Various Trade partnership agreements has been signed between both the countries which is providing benefit to both the nations.
Singapore is the largest trading partner of India amongst all the Asian countries.
Machinery, Plastics and Organic chemicals are the major exported products from India to Singapore at the present moment.
According to research, E-commerce market reached $2.7 Billion in Singapore and increasing with a 9.3% growth rate by the year 2021.
So, itβs a great opportunity for Indian sellers to grab the Singapore market through both the channels that is through offline or online selling platforms & marketplaces in Singapore.
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