2023
Exports
$31.1kWorld Rnk 47 / 76
Flag Rnk 1139 / 1202
2023
PRODUCT COMPLEXITY IN Hops
0.45Rnk 386 / 1025
2023
Imports
$458kWorld Rnk 81 / 162
Flag Rnk 1081 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $31.1k in Hops, making it the 47th largest exporter of Hops in the world. At the same year, Hops was the 1139th most exported product in Singapore. The main destination of Hops exports from Singapore are: Indonesia ($12.1k), Burma ($11.2k), and Malaysia ($7.8k).

The fastest growing export markets for Hops of Singapore between 2022 and 2023 were Burma ($10.7k).

Imports In 2023, Singapore imported $458k in Hops, becoming the 81st largest importer of Hops in the world. At the same year, Hops was the 1081st most imported product in Singapore. Singapore imports Hops primarily from: Germany ($171k), United States ($136k), Hong Kong ($62.4k), Egypt ($26k), and Australia ($23.1k).

The fastest growing import markets in Hops for Singapore between 2022 and 2023 were United States ($58.8k), Germany ($45.8k), and Hong Kong ($25.5k).

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 Hops. 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)$31.1k
IMPORTS (2023)$458k
NET TRADE (2023)-$427k

In 2023, Singapore exported $31.1k in Hops. The main destinations of Singapore exports on Hops were Indonesia ($12.1k), Burma ($11.2k), and Malaysia ($7.8k).

In 2023, Singapore imported $458k in Hops, mainly from Germany ($171k), United States ($136k), Hong Kong ($62.4k), Egypt ($26k), and Australia ($23.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Singapore WERE (2022 - 2023):Burma$10.7k (1.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Singapore WERE (2022 - 2023):
Indonesia-$31.1k (-72%)
Malaysia-$11.1k (-58.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $891
TOP IMPORT POTENTIALGermany+ $31.3k

Hops’s highest export potential is China. With an export gap of $891.   Hops’s highest import potential is Germany with an import gap of $31.3k.

See methodology.

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