The value of annual trade between Iran and Singapore amounts to around
$2 billion, but the two sides have the potential to further raise the
figure.
Singapore is the main importer of non-oil Iranian goods among members
of the Association of Southeast Asian Nations, accounting for some half
of the ASEAN's total non-oil imported from Iran. The country imported
some $89 million worth of goods from Iran and exported around $29
million last year. Full story