Singapore

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About Singapore

Singapore is a small island country at the tip of Malaysia. It is famous for its global footprint as a major financial centre with an international arbitration court. The Country boasts of well-planned and advanced infrastructure and has a zero-tolerance towards corruption.

The country has a very highly developed market economy with a freest, innovative, competitive, dynamic, and most business-friendly economy. The ease of doing business in Singapore is considered to be easiest and simple. Hence it attracts large FDIs and is considered to be one of the costliest countries to live in. Singapore is one of the few countries having a AAA credit rating.

Singapore is a leader in many industry sectors. It is well known for Finance, Casino gambling, Oil Refining, and trading. The country has the largest oil rig producer for ship repair services. Singapore is also well known for electronics manufacturing and Tourism. Singapore is considered as the hub for Medical Tourism and people across the world travel to Singapore for treatments and surgeries.

Country Facts

 

Basic Details
RegionASEAN
Capital CitySingapore
Government TypeParliamentary Republic
Official LanguagesEnglish, Malay, Chinese, Tamil,
CurrencySingapore dollar, SGD
Phone Code +65
Important CitiesSingapore, Woodlands
National DayNational Day (9th Aug)
Economy
GDP (nominal)USD 497.347 Billion
Ease of Doing Business Ranking2
Primary Industrieselectronics, chemicals, petroleum refining, financial services, and oil-drilling equipment
Foreign Relations
Bordering NationsMalaysia, Indonesia
Member ofAsian Infrastructure Investment Bank(AIIB), Asia-Pacific Economic Cooperation(APEC), Association of Southeast Asian Nations(ASEAN), Commonwealth of Nations(CommonWealth), East Asia Summit(EAS), Global Cultural Districts Network(GCDN), Indian Ocean Rim Association(IORA), Pacific Economic Cooperation Council(PECC), Trans-Pacific Partnership(TPP), United Nations(UN), World Trade Organization(WTO)
Major ExportsElectrical Products, Machinery & Appliances, Mining, Metals & Minerals, Other Products, Instruments & Optical Solutions, Gems & Jewellery, Plastics and Products, Chemical Products, Pharmaceutical Products, Cosmetics and Accessories, Automobiles, Vehicles & Components, Food & Beverages, Spirits & Vinegar, Marine Vessels, Rubber and Products, Hides, Leather & Tannery, Retail & Fmcg Products
Major ImportsElectrical Products, Mining, Metals & Minerals, Machinery & Appliances, Gems & Jewellery, Instruments & Optical Solutions, Chemical Products, Plastics and Products, Aviation Vehicles, Pharmaceutical Products, Automobiles, Vehicles & Components, Cosmetics and Accessories, Other Products, Food & Beverages, Spirits & Vinegar, Edible Oils & Seeds, Hides, Leather & Tannery
Total Exports ValueUSD 515.078 Billion
Total Imports ValueUSD 475.516 Billion
Foreign Trade BalanceUSD 39.562 Billion (Excess)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaComprehensive Economic Cooperation Agreement (CECA), India ASEAN Trade in Goods Agreement, Global System of Trade and Preferences (GSTP),Free Trade Agreement (FTA), Economic Integration Agreement (EIA)
Major Exports to IndiaElectrical Products, Machinery & Appliances, Chemical Products, Plastics and Products, Instruments & Optical Solutions, Mining, Metals & Minerals, Gems & Jewellery, Other Products, Rubber and Products, Aviation Vehicles, Hides, Leather & Tannery, Silk & Textiles, Automobiles, Vehicles & Components, Food & Beverages, Spirits & Vinegar, Retail & Fmcg Products
Major Imports from IndiaMining, Metals & Minerals, Gems & Jewellery, Chemical Products, Machinery & Appliances, Electrical Products, Instruments & Optical Solutions, Plastics and Products, Pharmaceutical Products, Cereals & Pulses, Automobiles, Vehicles & Components, Hides, Leather & Tannery, Cosmetics and Accessories, Fashion and Apparel, Rubber and Products, Fisheries, Sea Food & Crustaceans, Edible Oils & Seeds
India's Imports ValueUSD 23,595.35 Million
India's Exports ValueUSD 11,992.94 Million
Trade Balance with IndiaUSD 12 Million (Excess)
Indian Embassy Details for SingaporeHigh Commission of India
H.E. Dr. Shilpak Ambule
Honourable High Commissioner
31, Grange Road, Singapore - 239702
hc.singapore@mea.gov.in
65-62382518, +65-6238537
https://www.hcisingapore.gov.in/


Embassy Details of Singapore in IndiaSingapore
Singapore High Commission
H.E. Mr. Simon Wong Wie Kuen
High Commissioner
E-6, Chandragupta MargChanakyapuriNew Delhi-110021

+91-11- 46000800 (O)


Singapore
Consulate General of Singapore in Chennai
Mr. Edgar Pang Tze Chiang
Consul General
17-A, North Boag Road T.Nagar Chennai 600017
sigcon-maa@sgmfa.gov.sg
+91-44-28158207, 28158208 (O)


Singapore
Consulate General of Singapore in Mumbai
Mr. Cheong Ming Foong
Consul General
No.152, 14th Floor, Maker Chamber IV, 222, Jambalal Bajaj Road Nariman Point Mumbai 400021
NA@NA.NA
+91-22-2204 3205 (O)