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Tracing war impact on India trade: Singapore overtakes UAE as No. 2 export destination in April amid Hormuz crisis

Posted on May 17, 2026
By Financial Express
1 Views
1 min read

Tracing war impact on India trade: Singapore overtakes UAE as No. 2 export destination in April amid Hormuz crisis

Singapore overtook the UAE as India’s second-largest export destination in April 2026 as traders rerouted shipments amid disruptions in the Strait of Hormuz and broader West Asia shipping instability.