The value of exports of commodity group 22 "Beverages, spirits and vinegar" from Singapore totalled $ 3.36 billion in 2023. Sales of commodity group 22 from Singapore went up by 19.1% compared to 2022: exports of commodity group 22 "Beverages, spirits and vinegar" went up by $ 539 million (cumulative exports of commodity group 22 from Singapore amounted $2.82 billion in 2022)
Exports of commodity group 22 "Beverages, spirits and vinegar" amounted to 0.707% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 22 in total exports from Singapore increased by 0.159 p.p. compared to 2022 (it was 0.548% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Where does Singapore export Beverages, spirits and vinegar?
Top export destinations of "Beverages, spirits and vinegar" from Singapore in 2023:
- China with a share of 18.3% (619 million US$)
- Hong Kong with a share of 11.6% (392 million US$)
- Japan with a share of 9.77% (328 million US$)
- Thailand with a share of 8.46% (284 million US$)
- Malaysia with a share of 7.68% (258 million US$)
- Vietnam with a share of 7.43% (250 million US$)
- Other Asia, nes with a share of 6.7% (225 million US$)
- China, Macao SAR with a share of 5.38% (181 million US$)
- Korea with a share of 4.43% (149 million US$)
- Australia with a share of 4.23% (142 million US$)
Exports structure of 22 - Beverages, spirits and vinegar - from Singapore in 2023 represented by the following main commodity groups:
- 75% (2.54 billion US$): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
- 18.1% (609 million US$): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
- 2.97% (99 million US$): 2202 - Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other non-alcoholic beverages, not including fruit or vegetable juices of heading 20.09.
- 2.49% (83 million US$): 2203 - Beer made from malt
- 0.433% (14.5 million US$): 2207 - Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol or higher; ethyl alcohol and other spirits, denatured, of any strength
- 0.164% (5.53 million US$): 2206 - Fermented beverages, n.e.s. in chapter 22; (e.g. cider, perry, mead, sake)
- 0.095% (3.2 million US$): 2209 - Vinegar and substitutes for vinegar obtained from acetic acid.
- 0.051% (1.74 million US$): 2205 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances
- 0.026% (881 thousand US$): 2201 - Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured; ice and snow.
The value of imports of commodity group 22 "Beverages, spirits and vinegar" to Singapore totalled $ 3.72 billion in 2023. Sales of commodity group 22 to Singapore went up by 8.54% compared to 2022: imports of commodity group 22 "Beverages, spirits and vinegar" went up by $ 292 million (the value of imports of commodity group 22 to Singapore was equal to $3.42 billion in 2022)
Imports of commodity group 22 "Beverages, spirits and vinegar" accounted for 0.88% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 22 in total imports to Singapore increased by 0.159 p.p. compared to 2022 (it was 0.72% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Imports of commodity group 22 reached 99% of total imports of group 22 "Beverages, spirits and vinegar" to Singapore in 2023 (imports of commodity group 22 to Singapore totalled $3.72 billion in 2023). The share of purchases of commodity group 22 in imports of commodity group 22 to Singapore went down by 0 p.p. compared to 2022 (it was 100% in 2022, and imports of commodity group 22 to Singapore accounted for $3.42 billion).
Where does Singapore import Beverages, spirits and vinegar from?
Top trading partners (import of "Beverages, spirits and vinegar") of Singapore in 2023:
- France with a share of 44% (1.64 billion US$)
- United Kingdom with a share of 21% (806 million US$)
- Malaysia with a share of 6.94% (258 million US$)
- China with a share of 4.86% (181 million US$)
- USA with a share of 2.84% (105 million US$)
- Australia with a share of 2.72% (101 million US$)
- Japan with a share of 2.4% (89 million US$)
- Hong Kong with a share of 2.09% (78 million US$)
- Mexico with a share of 1.6% (59 million US$)
- Italy with a share of 1.51% (56 million US$)
Imports structure of 22 - Beverages, spirits and vinegar - to Singapore in 2023 represented by the following main commodity groups:
- 56% (2.11 billion US$): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
- 26% (980 million US$): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
- 8.83% (328 million US$): 2202 - Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other non-alcoholic beverages, not including fruit or vegetable juices of heading 20.09.
- 2.82% (104 million US$): 2207 - Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol or higher; ethyl alcohol and other spirits, denatured, of any strength
- 2.73% (101 million US$): 2203 - Beer made from malt
- 1.45% (54 million US$): 2201 - Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured; ice and snow.
- 0.551% (20 million US$): 2206 - Fermented beverages, n.e.s. in chapter 22; (e.g. cider, perry, mead, sake)
- 0.26% (9.7 million US$): 2209 - Vinegar and substitutes for vinegar obtained from acetic acid.
- 0.066% (2.48 million US$): 2205 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances