2023
Exports
$880kWorld Rnk 68 / 135
Flag Rnk 912 / 1202
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$85.3MWorld Rnk 85 / 195
Flag Rnk 320 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $880k in Wheat, making it the 68th largest exporter of Wheat in the world. At the same year, Wheat was the 912th most exported product in Singapore. The main destination of Wheat exports from Singapore are: Malaysia ($759k), Seychelles ($91.5k), Philippines ($13.5k), Hong Kong ($5.21k), and Thailand ($5.05k).

The fastest growing export markets for Wheat of Singapore between 2022 and 2023 were Malaysia ($755k), Seychelles ($91.5k), and Philippines ($5.49k).

Imports In 2023, Singapore imported $85.3M in Wheat, becoming the 85th largest importer of Wheat in the world. At the same year, Wheat was the 320th most imported product in Singapore. Singapore imports Wheat primarily from: Australia ($40.4M), United States ($18.7M), Canada ($12.5M), Lithuania ($7.47M), and Sri Lanka ($3.88M).

The fastest growing import markets in Wheat for Singapore between 2022 and 2023 were Lithuania ($7.47M), Canada ($3.78M), and Australia ($560k).

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 Wheat. 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)$880k
IMPORTS (2023)$85.3M
NET TRADE (2023)-$84.5M

In 2023, Singapore exported $880k in Wheat. The main destinations of Singapore exports on Wheat were Malaysia ($759k), Seychelles ($91.5k), Philippines ($13.5k), Hong Kong ($5.21k), and Thailand ($5.05k).

In 2023, Singapore imported $85.3M in Wheat, mainly from Australia ($40.4M), United States ($18.7M), Canada ($12.5M), Lithuania ($7.47M), and Sri Lanka ($3.88M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Malaysia$755k (19.9k%)
Seychelles$91.5k (1%)
Philippines$5.49k (68.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Singapore WERE (2022 - 2023):
Iran-$220M (-100%)
Israel-$37.3M (-100%)
Burma-$10.8M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $45.8k
TOP IMPORT POTENTIALUnited States+ $4.62M

Wheat’s highest export potential is Malaysia. With an export gap of $45.8k.   Wheat’s highest import potential is United States with an import gap of $4.62M.

See methodology.

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