2023
Exports
$11.1BWorld Rnk 20 / 226
Flag Rnk 8 / 21
2023
PRODUCT COMPLEXITY IN Foodstuffs
0.5Rnk 372 / 1025
2023
Imports
$8.36BWorld Rnk 25 / 226
Flag Rnk 9 / 21
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $11.1B in Foodstuffs, making it the 20th largest exporter of Foodstuffs in the world. At the same year, Foodstuffs was the 8th most exported product in Singapore. The main destination of Foodstuffs exports from Singapore are: United States ($3.16B), China ($907M), Vietnam ($885M), Japan ($750M), and Malaysia ($675M).

The fastest growing export markets for Foodstuffs of Singapore between 2022 and 2023 were Vietnam ($229M), South Korea ($164M), and Chinese Taipei ($150M).

Imports In 2023, Singapore imported $8.36B in Foodstuffs, becoming the 25th 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: France ($1.63B), Malaysia ($1.17B), United Kingdom ($882M), Indonesia ($657M), and China ($635M).

The fastest growing import markets in Foodstuffs for Singapore between 2022 and 2023 were United Kingdom ($154M), France ($144M), and Hong Kong ($79.9M).

COMPANIES In 2024, leading companies such as Callaway Golf (43), Wismettac Asian Foods (17), and Amazon (6) were at the forefront of shipping Foodstuffs from Singapore to the United States.

Latest Trends

Dec 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 (2023)$11.1B
IMPORTS (2023)$8.36B
NET TRADE (2023)$2.78B

In 2023, Singapore exported $11.1B in Foodstuffs. The main destinations of Singapore exports on Foodstuffs were United States ($3.16B), China ($907M), Vietnam ($885M), Japan ($750M), and Malaysia ($675M).

In 2023, Singapore imported $8.36B in Foodstuffs, mainly from France ($1.63B), Malaysia ($1.17B), United Kingdom ($882M), Indonesia ($657M), and China ($635M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Foodstuffs EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$229M (35%)
South Korea$164M (159%)
Chinese Taipei$150M (87.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Foodstuffs BY Singapore WERE (2022 - 2023):
United States-$997M (-24%)
Israel-$91.5M (-75.6%)
India-$87M (-53.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Foodstuffs were:
In 2023, 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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