The U.S.-Singapore Free Trade Agreement (FTA) has been in effect since 2004. Singapore also has many bilateral and regional FTAs including with Australia, China, Costa Rica, India, Japan, Jordan, South Korea, Panama, Peru, Sri Lanka and Turkey. Singapore is a participant in the Regional Comprehensive Economic Partnership regional trade negotiations, which include the ten Association of Southeast Asian Nations (ASEAN) countries plus Australia, China, Japan, Korea, India and New Zealand, and it is also a participant in the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Singapore has also concluded an FTA with the European Union which has yet to be entered into force.
USDA’s Office of Agricultural Affairs (OAA) in Singapore hereinafter referred to as “Post” reports that Singapore’s highly import dependent, multi-billion-dollar food industry is driven by robust consumer spending, high disposable incomes, and intense urbanization.
U.S. Food & Agricultural Product Imports to Singapore, By the Numbers
By the year 2024, Euromonitor projects the retail sales in the packaged food market in Singapore is expected to reach US$2.8 billion, a growth rate of 6.8% or US$181.2 million.
Due to the nature of the global pandemic and its impact on international travel, please consider resources such a www.travel.state.gov when determining if this event is appropriate for you or your company.
Register for Two Back-to-Back Missions!
Focused Trade Mission to Indonesia – Food Service and Retail
October 3 – 4, 2024
Top U.S. products in demand:
September 29: Arrive in Singapore
September 30: Briefing and Retail Tour
October 1: One-on-One Meetings with Buyers
October 2: Departure to Indonesia or Home
Schedule is subject to change.
Start your trade mission journey now.
We have the market intelligence you need to make informed decisions to determine if this market is right for your products.
Our educational webinars provide up-to-date
exporter intelligence regarding specific markets, logistics, trade financing, documentation, how to meet and follow-up with international buyers, and much more.
Whether you’re new to exporting or need to
refresh your skills, this free online training course provides a comprehensive, flexible approach to learning the fundamentals and logistics of exporting.
Participants in 2019 Focused Trade Missions Reported:
22
1st Time Export Sales
531
New Distributorships Established
1,607
New Foreign Buyer Introductions
$78 Million
Projected Sales
$15 Million
Actual Sales
BRANDED PROGRAM
With the Branded Program, you may be eligible for 50% reimbursement on: