2022
Exports
$53.9MWorld Rnk 31 / 186
Flag Rnk 304 / 1198
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$105MWorld Rnk 28 / 221
Flag Rnk 322 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $53.9M in Coffee and Tea Extracts, making it the 31st largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 304th most exported product in Singapore. The main destination of Coffee and Tea Extracts exports from Singapore are: Malaysia ($7.91M), United Arab Emirates ($7.2M), Cambodia ($4.95M), Hong Kong ($4.43M), and Vietnam ($4.24M).

The fastest growing export markets for Coffee and Tea Extracts of Singapore between 2021 and 2022 were Vietnam ($3.73M), United Arab Emirates ($2.28M), and Malaysia ($1.65M).

Imports In 2022, Singapore imported $105M in Coffee and Tea Extracts, becoming the 28th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 322nd most imported product in Singapore. Singapore imports Coffee and Tea Extracts primarily from: Malaysia ($44.6M), Brazil ($16.1M), China ($7.02M), Indonesia ($5.96M), and South Korea ($5.78M).

The fastest growing import markets in Coffee and Tea Extracts for Singapore between 2021 and 2022 were China ($2.66M), Thailand ($1.29M), and Vietnam ($1.01M).

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 Coffee and Tea Extracts. 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)$53.9M
IMPORTS (2022)$105M
NET TRADE (2022)-$50.9M

In 2022, Singapore exported $53.9M in Coffee and Tea Extracts. The main destinations of Singapore exports on Coffee and Tea Extracts were Malaysia ($7.91M), United Arab Emirates ($7.2M), Cambodia ($4.95M), Hong Kong ($4.43M), and Vietnam ($4.24M).

In 2022, Singapore imported $105M in Coffee and Tea Extracts, mainly from Malaysia ($44.6M), Brazil ($16.1M), China ($7.02M), Indonesia ($5.96M), and South Korea ($5.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Vietnam$3.73M (724%)
United Arab Emirates$2.28M (46.3%)
Malaysia$1.65M (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Singapore WERE (2021 - 2022):
Laos-$3.55M (-100%)
Bangladesh-$1.99M (-69.3%)
Indonesia-$1.22M (-31.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Singapore's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.45M
TOP IMPORT POTENTIALIndonesia+ $3.62M

Coffee and Tea Extracts’s highest export potential is Malaysia. With an export gap of $1.45M.   Coffee and Tea Extracts’s highest import potential is Indonesia with an import gap of $3.62M.

See methodology.

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