ISAS Working Papers

Singapore is India's fourth largest export market and the country's biggest trade partner among the Association of Southeast Asian (ASEAN) states.2 The ASEAN countries account for 9.5 percent of India's total commodity exports. Within ASEAN, Singapore alone absorbs 4.5 percent of India's exports. On the other hand, Singapore is India's 10th largest source of imports. At present, it accounts for 3.27 percent of India's total commodity imports