Opportunities for U.S. Agricultural Products in Singapore 2023
Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market for high-quality food and agricultural products. In 2022, the United States exported $1.4 billion worth of agricultural products to Singapore. The United States’ top agricultural exports to Singapore in 2022 were largely consumer-oriented products such as food preparations, dairy products, meat and meat products, potatoes, fresh fruit, and confectionary products. These and other consumer-oriented products, such as alcoholic beverages and pet food, have the potential for increased market share. Consumers in Singapore are affluent, technically savvy, and interested in healthy and innovative foodstuffs.