2022
Exports
$436MWorld Rnk 13 / 196
Flag Rnk 96 / 1198
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$778MWorld Rnk 14 / 225
Flag Rnk 70 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $436M in Wine, making it the 13th largest exporter of Wine in the world. At the same year, Wine was the 96th most exported product in Singapore. The main destination of Wine exports from Singapore are: Japan ($235M), Hong Kong ($79.8M), China ($31M), Macau ($13.8M), and Chinese Taipei ($13.5M).

The fastest growing export markets for Wine of Singapore between 2021 and 2022 were Macau ($8.74M), China ($3.09M), and Vietnam ($2.88M).

Imports In 2022, Singapore imported $778M in Wine, becoming the 14th largest importer of Wine in the world. At the same year, Wine was the 70th most imported product in Singapore. Singapore imports Wine primarily from: France ($508M), Australia ($97.2M), United Kingdom ($57.2M), Italy ($26.6M), and United States ($18.7M).

The fastest growing import markets in Wine for Singapore between 2021 and 2022 were France ($28.5M), United Kingdom ($6.93M), and Italy ($3.91M).

COMPANIES In 2023, leading companies such as Teknor Apex (1) were at the forefront of shipping Wine from Singapore to the United States.

Latest Trends

Sep 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 Wine. 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)$436M
IMPORTS (2022)$778M
NET TRADE (2022)-$341M

In 2022, Singapore exported $436M in Wine. The main destinations of Singapore exports on Wine were Japan ($235M), Hong Kong ($79.8M), China ($31M), Macau ($13.8M), and Chinese Taipei ($13.5M).

In 2022, Singapore imported $778M in Wine, mainly from France ($508M), Australia ($97.2M), United Kingdom ($57.2M), Italy ($26.6M), and United States ($18.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Macau$8.74M (171%)
China$3.09M (11%)
Vietnam$2.88M (40.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Singapore WERE (2021 - 2022):
Hong Kong-$48.8M (-37.9%)
Japan-$18.6M (-7.34%)
Australia-$4.45M (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Singapore's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.5M
TOP IMPORT POTENTIALItaly+ $12.1M

Wine’s highest export potential is China. With an export gap of $10.5M.   Wine’s highest import potential is Italy with an import gap of $12.1M.

See methodology.

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