Singapore
U.S. Trade with Singapore in 2024
Export Market Rank
#30 Among U.S. Agricultural Export Markets
Total Export Value
$839.28 Million
3-Year Average
$1.05 Billion
Compound Average Growth
1.5% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Singapore in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Ethanol (non-bev.) | $92.34 Million | --- | $34.9 Million | 431% |
| Dairy Products | $73.5 Million | 29,715 | $77.57 Million | 8% |
| Essential Oils | $70.82 Million | 2,651 | $61.25 Million | 91% |
| Food Preparations | $64.89 Million | 3,046 | $64.88 Million | 13% |
| Other Intermediate Products | $55.78 Million | 23,991 | $48.55 Million | 88% |
| Beef & Beef Products | $53.15 Million | 4,851 | $33.45 Million | 123% |
| Dextrins, Peptones, & Proteins | $39.75 Million | 2,677 | $30.96 Million | 114% |
| Fresh Fruit | $34.5 Million | 13,147 | $40.25 Million | -28% |
| Processed Vegetables | $32.36 Million | 18,136 | $41.26 Million | -15% |
| Vegetable Oils (excl. soybean) | $28.84 Million | 20,945 | $133.53 Million | -1% |
Resources
U.S.-Singapore Free Trade Agreement
Exporting
Data and Analysis
Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant, dynamic and highly competitive with sales totaling $9.4 billion USD in 2023. Consumption patterns are mainly driven by convenience, technology, and changing demographics, health and international food trends with a focus on sustainability and influences by social media (Facebook and Instagram).
Singapore does not have any domestic commercial production of plant biotechnology. The Singapore Food Agency (SFA) website lists 108 genetically engineered (GE) crops approved for use as food for direct consumption, ingredients, and further processing into ingredients for other food in the country.
The retail food sector is highly competitive in Singapore with no single country holding over 16 percent of the consumer-oriented products market share. Singapore’s economy is beginning to slow due to cost-of-living, inflation, and supply chain challenges.
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USDA Endorsed
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Singapore, Singapore
News and Features
News Release
Statement by Agriculture Secretary Tom Vilsack on Release of Text for Trans-Pacific Partnership Agreement
CONTACT: USDA Office of Communications, (202) 720-4623 WASHINGTON, Nov. 5, 2015 – Agriculture Secretary Tom Vilsack today released the following statement regarding the text of the Trans-Pacific Partnership agreement. "The release of the text of the...
CONTACT: USDA Office of Communications, (202) 720-4623 WASHINGTON, Oct. 5, 2015 – Agriculture Secretary Tom Vilsack today made the following statement following the successful conclusion of negotiations on the Trans-Pacific Partnership: "An agreement...
WASHINGTON, Nov. 20, 2013 – The U.S. Department of Agriculture today announces availability of the following credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM...