2022
Exports
$18.5MWorld Rnk 23 / 143
Flag Rnk 473 / 1198
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$24.2MWorld Rnk 16 / 218
Flag Rnk 634 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $18.5M in Other Fermented Beverages, making it the 23rd largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 473rd most exported product in Singapore. The main destination of Other Fermented Beverages exports from Singapore are: Australia ($16.1M), South Korea ($661k), Chinese Taipei ($449k), Papua New Guinea ($312k), and Malaysia ($276k).

The fastest growing export markets for Other Fermented Beverages of Singapore between 2021 and 2022 were Australia ($15.9M), United States ($78k), and Cambodia ($60.6k).

Imports In 2022, Singapore imported $24.2M in Other Fermented Beverages, becoming the 16th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 634th most imported product in Singapore. Singapore imports Other Fermented Beverages primarily from: Japan ($19M), China ($892k), Malaysia ($740k), South Korea ($723k), and Australia ($672k).

The fastest growing import markets in Other Fermented Beverages for Singapore between 2021 and 2022 were Japan ($1.08M), Australia ($355k), and Italy ($351k).

Latest Trends

Jul 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 Other Fermented Beverages. 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)$18.5M
IMPORTS (2022)$24.2M
NET TRADE (2022)-$5.66M

In 2022, Singapore exported $18.5M in Other Fermented Beverages. The main destinations of Singapore exports on Other Fermented Beverages were Australia ($16.1M), South Korea ($661k), Chinese Taipei ($449k), Papua New Guinea ($312k), and Malaysia ($276k).

In 2022, Singapore imported $24.2M in Other Fermented Beverages, mainly from Japan ($19M), China ($892k), Malaysia ($740k), South Korea ($723k), and Australia ($672k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Australia$15.9M (7.7k%)
United States$78k (475%)
Cambodia$60.6k (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Singapore WERE (2021 - 2022):
China-$6.69M (-100%)
Malaysia-$4.33M (-94%)
Vietnam-$1.14M (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Other Fermented Beverages were:
In 2022, Singapore's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $240k
TOP IMPORT POTENTIALChina+ $404k

Other Fermented Beverages’s highest export potential is United States. With an export gap of $240k.   Other Fermented Beverages’s highest import potential is China with an import gap of $404k.

See methodology.

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