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Singapore’s economy is rebounding strongly from the COVID-19 pandemic. The city-state’s highly import dependent, multi-billion dollar food industry is driven by robust consumer spending, high disposable incomes, and intense urbanization.

This guide serves as a resource for U.S. companies seeking to do business in Burma and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends. This report also identifies opportunities and entry approaches for the three major market sectors (food retail, food service, and food processing).

Singapore does not have any domestic commercial production of plant biotechnology. The Singapore Food Agency provides a link in its website that lists a total of 64 genetically engineered (GE) crops that have been approved for use as food for direct consumption, ingredients, and further processing into ingredients for other food in the country.

Post forecasts Burmese rice exports lower in November. Despite the contracted shipment to Bangladesh, slow demand from African countries and high domestic prices will lead to lower exports in November. Domestic prices for Emata increased in November as local traders are purchasing stock in anticipation of a lower production. Prices for Shwe Bo Pawson also remained high.

This report describes the status of Burma’s production, regulations, public attitudes, trading, and labeling requirements for genetic engineered products and the current activities for agricultural biotechnology.

Post forecasts Burmese rice exports higher in October. Despite low demand from African countries, there is high demand from Bangladesh and China. Domestic prices for both Emata and Shwe Bo Pawsan declined in October as supplies from the new rice crop enter the market and the Myanmar kyat appreciated against the U.S. dollar.

Singapore has a highly developed and competitive hotel, restaurant and institutional (HRI) sector with sales in 2021 totaling $7.7 billion USD. The HRI sector suffered badly during the pandemic. The industry lost over $19 billion USD from tourism sales in 2021 alone.

This report discusses food and agricultural export product certificates currently required by the Singapore Government.

This report provides information on the regulations and procedures for the importation of food and agricultural products from the United States to Singapore. Updates in this report include modifications to the Singapore Food Regulations (guidelines governing imported food).

Post forecasts Burmese rice exports higher in September with increasing demand for Burmese rice due to India’s policies restricting rice exports. Despite larger domestic rice supplies from the new rice crop, domestic prices for both Emata and Shwe Bo Pawsan rose significantly. The depreciation of the Myanmar kyat and high production costs have continued putting upward pressure on domestic rice prices.

Post forecasts Burmese rice exports lower in August due to fewer supplies in the domestic market, higher domestic prices, lower anticipated production, and changes to foreign currency policies. Domestic prices for both Emata and Shwe Bo Pawsan rose significantly.

This report reflects updates on the Food law in Section I, Food Labeling in Section II, and import procedures Section IX.