2023
Exports
$1.97MWorld Rnk 60 / 123
Flag Rnk 783 / 1202
2023
PRODUCT COMPLEXITY IN Bovine Meat
-0.65Rnk 748 / 1025
2023
Imports
$110MWorld Rnk 35 / 203
Flag Rnk 278 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $1.97M in Bovine Meat, making it the 60th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 783rd most exported product in Singapore. The main destination of Bovine Meat exports from Singapore are: Indonesia ($880k), Hong Kong ($385k), Malaysia ($361k), Maldives ($198k), and Thailand ($84.1k).

The fastest growing export markets for Bovine Meat of Singapore between 2022 and 2023 were Indonesia ($386k), Hong Kong ($385k), and Malaysia ($356k).

Imports In 2023, Singapore imported $110M in Bovine Meat, becoming the 35th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 278th most imported product in Singapore. Singapore imports Bovine Meat primarily from: Australia ($60M), New Zealand ($18.6M), Japan ($16.6M), United States ($7.64M), and Argentina ($4.58M).

The fastest growing import markets in Bovine Meat for Singapore between 2022 and 2023 were Ireland ($280k), Netherlands ($190k), and Argentina ($184k).

Latest Trends

Jan 2025

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 Bovine Meat. 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)$1.97M
IMPORTS (2023)$110M
NET TRADE (2023)-$108M

In 2023, Singapore exported $1.97M in Bovine Meat. The main destinations of Singapore exports on Bovine Meat were Indonesia ($880k), Hong Kong ($385k), Malaysia ($361k), Maldives ($198k), and Thailand ($84.1k).

In 2023, Singapore imported $110M in Bovine Meat, mainly from Australia ($60M), New Zealand ($18.6M), Japan ($16.6M), United States ($7.64M), and Argentina ($4.58M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Indonesia$386k (78.2%)
Hong Kong$385k (1%)
Malaysia$356k (7.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Singapore WERE (2022 - 2023):
Timor-Leste-$56.5k (-75.1%)
Cambodia-$12.8k (-100%)
Burma-$510 (-2.61%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $15.5k
TOP IMPORT POTENTIALUnited States+ $4.52M

Bovine Meat’s highest export potential is Malaysia. With an export gap of $15.5k.   Bovine Meat’s highest import potential is United States with an import gap of $4.52M.

See methodology.

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