Browse Data and Analysis

Singapore does not have any domestic commercial production of plant biotechnology. The Singapore Food Agency website lists 106 genetically engineered (GE) crops approved for use as food for direct consumption, ingredients, and further processing into ingredients for other food in the country.

Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant and highly competitive with sales in 2022 totaling $9 billion USD. It is highly diverse with a broad range of Asian and Western cuisines widely available. The industry should return to normalcy in 2024.

Uruguayan beef exports in 2024 are forecast slightly up at 467,000 tons carcass weight equivalent as a result of a projected larger beef output with a marginal increase in the domestic demand.

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.

Singapore’s food retail sector is highly developed and competitive. The industry is comprised of a range of large supermarkets/hypermarkets, convenience stores, “mom and pop” traditional stores, and specialty retailers.

The report provides information on the regulations and procedures for the importation of food and agricultural products from the United States to Singapore.

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

Most raw materials for food processing are imported into Singapore due to its limited land, natural resources, livestock, and agricultural production. Singapore imported $1.2 billion of U.S. processed food products in 2022, which was a 9% increase compared with 2021.

Post estimates marketing year (MY) 2022/2024 soybean production at 875,000 metric tons (MT), the lowest level in sixteen years due to a historic drought affecting Uruguay and neighboring Argentina. As a result, Post reduces MY 2022/23 exports to 850,000 MT.

Wheat production in marketing year (MY) 2023-2024 is forecast to remain flat at 1.2 million metric tons. Production will remain flat despite a larger harvested area as Post projects a return to trend from high yields in the previous season.

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.

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.