2022
Exports
$2.35MWorld Rnk 58 / 176
Flag Rnk 807 / 1198
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$27.8MWorld Rnk 20 / 209
Flag Rnk 598 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.35M in Honey, making it the 58th largest exporter of Honey in the world. At the same year, Honey was the 807th most exported product in Singapore. The main destination of Honey exports from Singapore are: Japan ($903k), Indonesia ($310k), Malaysia ($285k), Maldives ($200k), and Cambodia ($134k).

The fastest growing export markets for Honey of Singapore between 2021 and 2022 were Japan ($248k), United States ($129k), and United Arab Emirates ($27.4k).

Imports In 2022, Singapore imported $27.8M in Honey, becoming the 20th largest importer of Honey in the world. At the same year, Honey was the 598th most imported product in Singapore. Singapore imports Honey primarily from: New Zealand ($13.4M), Australia ($3.8M), China ($3.7M), Indonesia ($3.55M), and Malaysia ($868k).

The fastest growing import markets in Honey for Singapore between 2021 and 2022 were Indonesia ($2.52M), New Zealand ($1.94M), and China ($359k).

COMPANIES In 2023, leading companies such as Robert Bosch (3) were at the forefront of shipping Honey from Singapore to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 (2022)$2.35M
IMPORTS (2022)$27.8M
NET TRADE (2022)-$25.4M

In 2022, Singapore exported $2.35M in Honey. The main destinations of Singapore exports on Honey were Japan ($903k), Indonesia ($310k), Malaysia ($285k), Maldives ($200k), and Cambodia ($134k).

In 2022, Singapore imported $27.8M in Honey, mainly from New Zealand ($13.4M), Australia ($3.8M), China ($3.7M), Indonesia ($3.55M), and Malaysia ($868k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$248k (37.8%)
United States$129k (5.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Singapore WERE (2021 - 2022):
Indonesia-$259k (-45.5%)
Mauritius-$68k (-100%)
Malaysia-$57k (-16.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Honey were:
In 2022, 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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