2023
Exports
$3.14MWorld Rnk 51 / 171
Flag Rnk 702 / 1202
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$18.4MWorld Rnk 22 / 213
Flag Rnk 640 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $3.14M in Honey, making it the 51st largest exporter of Honey in the world. At the same year, Honey was the 702nd most exported product in Singapore. The main destination of Honey exports from Singapore are: Brunei ($1.53M), Japan ($656k), Malaysia ($194k), Maldives ($190k), and Cambodia ($181k).

The fastest growing export markets for Honey of Singapore between 2022 and 2023 were Brunei ($1.48M), Malaysia ($158k), and Maldives ($137k).

Imports In 2023, Singapore imported $18.4M in Honey, becoming the 22nd largest importer of Honey in the world. At the same year, Honey was the 640th most imported product in Singapore. Singapore imports Honey primarily from: New Zealand ($9.67M), China ($2.74M), Australia ($2.55M), Malaysia ($817k), and France ($406k).

The fastest growing import markets in Honey for Singapore between 2022 and 2023 were Chinese Taipei ($82k), United Arab Emirates ($57.6k), and Philippines ($27.8k).

COMPANIES In 2024, leading companies such as Robert Bosch (1) were at the forefront of shipping Honey 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 Honey. 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)$3.14M
IMPORTS (2023)$18.4M
NET TRADE (2023)-$15.3M

In 2023, Singapore exported $3.14M in Honey. The main destinations of Singapore exports on Honey were Brunei ($1.53M), Japan ($656k), Malaysia ($194k), Maldives ($190k), and Cambodia ($181k).

In 2023, Singapore imported $18.4M in Honey, mainly from New Zealand ($9.67M), China ($2.74M), Australia ($2.55M), Malaysia ($817k), and France ($406k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Brunei$1.48M (3.37k%)
Malaysia$158k (440%)
Maldives$137k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Singapore WERE (2022 - 2023):
Japan-$247k (-27.4%)
United States-$146k (-99.1%)
Sri Lanka-$49.7k (-98%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $174k
TOP IMPORT POTENTIALChina+ $928k

Honey’s highest export potential is United States. With an export gap of $174k.   Honey’s highest import potential is China with an import gap of $928k.

See methodology.

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