Singapore

Singapore

Demography


Location: Southeastern Asia, islands between Malaysia and Indonesia
Capital City: Singapore
Population: 4,657,542 (2009)
Total surface area in sq.km: 692.7 sq km
Official language: Mandarin, English, Malay, Hokkien
Currency: Singapore Dollar


Economy


GDP (current USD): $ 181 billion
GDP per capita (PPP): $ 49,288
Inflation Rate (annual, 2008): 0.5%
Currency Exchange Rate (average, 2009): $ 0.14


Trade

 

Total Exports:

$ 338 billion

Total Exports as a % of GDP:

186%

Total Imports:

$ 320 billion

Total imports as a %of GDP:

176%

Exports to South Asia (% of total exports):

4.7%

Imports from South Asia (% of total imports):

2.7%

Documents required for exports (Number):

4

Documents required for Imports (Number):

4

Ease of doing business (Rank):

1

 

Top 5 Countries by Imports:

 

Country

Share in total imports

Malaysia

13.1%

USA

12.4%

China

12.1%

Japan

8.2%

Taiwan (Taipei)

6.3%


Top 5 Commodities by Imports:

 

Country

Share in total imports

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound reacorders adn reproducers, and parts and accessories of articles.

31.5%

Mineral fuels, mineral oils and products or their distillation; bituminous substances; mineral waxes.

20.0%

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

16.3%

Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof.

2.9%

Organic chemicals

1.8%


Infrastructure


Number of Airports: 8
Number of Ports: 1
Roads (kms): 3,297 km
Rail (kms): -
Mobile user penetration (per 100 people): 132 (2008)
Landline user penetration (per 100): 38 (2008)
Internet user penetration (per 100): 70 (2008)

 

Relationship with India

 

Read Bilateral Relations with India

Share of India in total imports: 2.2%

Top 5 imported commodities from India:

 

Commodity Type

Share in total imports

Petroleum & crude products

42.3%

Engineering goods

37.3%

Chemicals & related products

3.0%

Oil meals

0.9%

Textiles (excluding readymade garments)

0.7%


Trade Facilitation Bodies
Singapore Indian Chamber of Commerce and Industry - www.sicci.com

Comments

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