2022
Exports
$12.2BWorld Rnk 18 / 226
Flag Rnk 7 / 21
2022
PRODUCT COMPLEXITY IN Foodstuffs
0.45Rnk 385 / 1025
2022
Imports
$7.7BWorld Rnk 26 / 226
Flag Rnk 9 / 21
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $12.2B in Foodstuffs, making it the 18th largest exporter of Foodstuffs in the world. At the same year, Foodstuffs was the 7th most exported product in Singapore. The main destination of Foodstuffs exports from Singapore are: United States ($4.14B), China ($930M), Japan ($780M), Malaysia ($716M), and Vietnam ($712M).

The fastest growing export markets for Foodstuffs of Singapore between 2021 and 2022 were United States ($551M), China ($109M), and Malaysia ($106M).

Imports In 2022, Singapore imported $7.7B in Foodstuffs, becoming the 26th largest importer of Foodstuffs in the world. At the same year, Foodstuffs was the 9th most imported product in Singapore. Singapore imports Foodstuffs primarily from: Malaysia ($1.41B), France ($1.16B), China ($640M), United Kingdom ($602M), and Indonesia ($581M).

The fastest growing import markets in Foodstuffs for Singapore between 2021 and 2022 were United Kingdom ($119M), United States ($107M), and Paraguay ($56.9M).

COMPANIES In 2023, leading companies such as HP Inc (33), Wismettac Asian Foods (24), and American Omni Trading Company (18) were at the forefront of shipping Foodstuffs from Singapore to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Foodstuffs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2B
IMPORTS (2022)$7.7B
NET TRADE (2022)$4.47B

In 2022, Singapore exported $12.2B in Foodstuffs. The main destinations of Singapore exports on Foodstuffs were United States ($4.14B), China ($930M), Japan ($780M), Malaysia ($716M), and Vietnam ($712M).

In 2022, Singapore imported $7.7B in Foodstuffs, mainly from Malaysia ($1.41B), France ($1.16B), China ($640M), United Kingdom ($602M), and Indonesia ($581M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Foodstuffs EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$551M (15.3%)
China$109M (13.2%)
Malaysia$106M (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Foodstuffs BY Singapore WERE (2021 - 2022):
Vietnam-$269M (-27.4%)
Hong Kong-$77.8M (-16.9%)
New Zealand-$41M (-19.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Foodstuffs were:
In 2022, Singapore's main importing competitors in Foodstuffs were:

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Trade Value of Foodstuffs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $85.2M
TOP IMPORT POTENTIALChina+ $96M

Foodstuffs’s highest export potential is Malaysia. With an export gap of $85.2M.   Foodstuffs’s highest import potential is China with an import gap of $96M.

See methodology.

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