2023
Exports
$106kWorld Rnk 96 / 163
Flag Rnk 1086 / 1202
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$31MWorld Rnk 55 / 203
Flag Rnk 535 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $106k in Bananas, making it the 96th largest exporter of Bananas in the world. At the same year, Bananas was the 1086th most exported product in Singapore. The main destination of Bananas exports from Singapore are: Indonesia ($67.2k), Vietnam ($35.8k), Burma ($1.69k), Ghana ($551), and Maldives ($317).

The fastest growing export markets for Bananas of Singapore between 2022 and 2023 were Vietnam ($35.8k), Indonesia ($29.5k), and Ghana ($551).

Imports In 2023, Singapore imported $31M in Bananas, becoming the 55th largest importer of Bananas in the world. At the same year, Bananas was the 535th most imported product in Singapore. Singapore imports Bananas primarily from: Philippines ($17.5M), Malaysia ($6.47M), Vietnam ($2.49M), Indonesia ($1.97M), and India ($1.62M).

The fastest growing import markets in Bananas for Singapore between 2022 and 2023 were Philippines ($2.19M), Vietnam ($792k), and India ($360k).

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 Bananas. 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)$106k
IMPORTS (2023)$31M
NET TRADE (2023)-$30.9M

In 2023, Singapore exported $106k in Bananas. The main destinations of Singapore exports on Bananas were Indonesia ($67.2k), Vietnam ($35.8k), Burma ($1.69k), Ghana ($551), and Maldives ($317).

In 2023, Singapore imported $31M in Bananas, mainly from Philippines ($17.5M), Malaysia ($6.47M), Vietnam ($2.49M), Indonesia ($1.97M), and India ($1.62M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$35.8k (1%)
Indonesia$29.5k (78.4%)
Ghana$551 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Singapore WERE (2022 - 2023):
Hong Kong-$1.31k (-100%)
Burma-$524 (-23.7%)
Netherlands-$316 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $2.27k
TOP IMPORT POTENTIALVietnam+ $745k

Bananas’s highest export potential is Hong Kong. With an export gap of $2.27k.   Bananas’s highest import potential is Vietnam with an import gap of $745k.

See methodology.

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