Trade between India and Singapore to increase by 18.2 percent to $35.6 billion in 2022-23
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Trade between Singapore and India to grow by 18.2 per cent to US$35.6 billion during 2022-23. He said that our imports from Singapore in 2022-23 were US $ 23.6 billion, which is 24.4 percent more on an annual basis.
Singapore. Bilateral trade between Singapore and India to grow to US$35.6 billion in 2022-23, up 18.2 per cent year-on-year. A senior diplomat of the Indian High Commission gave this information here on Saturday. T Prabhakar, First Secretary (Commerce) at the High Commission, said Singapore is India’s eighth largest trading partner (2022-23), with 3.1 per cent share in India’s total trade.
He was addressing the third international conference of the Institute of Company Secretaries of India (ICSI) held in Singapore. Prabhakar said trade between Singapore and India is expected to grow by 18.2 per cent to US$35.6 billion during 2022-23. He said that our imports from Singapore in 2022-23 were US $ 23.6 billion, which is 24.4 percent more on an annual basis. Similarly, India’s exports to Singapore increased from US$7.6 billion to US$12 billion on an annual basis.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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