2022
Exports
$23.3MWorld Rnk 34 / 197
Flag Rnk 436 / 1198
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$48.6MWorld Rnk 42 / 223
Flag Rnk 466 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $23.3M in Tea, making it the 34th largest exporter of Tea in the world. At the same year, Tea was the 436th most exported product in Singapore. The main destination of Tea exports from Singapore are: Japan ($4.45M), Malaysia ($3.16M), South Korea ($2.75M), Hong Kong ($2.41M), and United Arab Emirates ($1.22M).

The fastest growing export markets for Tea of Singapore between 2021 and 2022 were Japan ($3.72M), Malaysia ($1.01M), and Thailand ($658k).

Imports In 2022, Singapore imported $48.6M in Tea, becoming the 42nd largest importer of Tea in the world. At the same year, Tea was the 466th most imported product in Singapore. Singapore imports Tea primarily from: China ($9.39M), Japan ($8.76M), Morocco ($5.65M), Indonesia ($4.49M), and Chinese Taipei ($4.24M).

The fastest growing import markets in Tea for Singapore between 2021 and 2022 were Morocco ($3.46M), China ($2.3M), and Germany ($715k).

COMPANIES In 2023, leading companies such as Danfoss (14) and Dow Chemical (1) were at the forefront of shipping Tea from Singapore to the United States.

Latest Trends

Oct 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 Tea. 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)$23.3M
IMPORTS (2022)$48.6M
NET TRADE (2022)-$25.4M

In 2022, Singapore exported $23.3M in Tea. The main destinations of Singapore exports on Tea were Japan ($4.45M), Malaysia ($3.16M), South Korea ($2.75M), Hong Kong ($2.41M), and United Arab Emirates ($1.22M).

In 2022, Singapore imported $48.6M in Tea, mainly from China ($9.39M), Japan ($8.76M), Morocco ($5.65M), Indonesia ($4.49M), and Chinese Taipei ($4.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$3.72M (507%)
Malaysia$1.01M (47.3%)
Thailand$658k (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Singapore WERE (2021 - 2022):
China-$1.11M (-57.9%)
Australia-$740k (-65.9%)
Maldives-$237k (-55.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Singapore's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $874k
TOP IMPORT POTENTIALChina+ $3.07M

Tea’s highest export potential is Malaysia. With an export gap of $874k.   Tea’s highest import potential is China with an import gap of $3.07M.

See methodology.

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