Singapore’s Tapioca Starch Trade: Import and Export Trends

Singapore’s involvement in the tapioca starch trade highlights its role as both an exporter and an importer. As an exporter, Singapore made substantial contributions to the global tapioca starch market, with significant exports directed towards Indonesia, Malaysia, and Vietnam. Meanwhile, as an importer, Singapore showcased a growing demand for tapioca starch, primarily relying on imports from Thailand, Vietnam, and Indonesia.

Exports

In 2021, Singapore showcased its significance as an exporter of tapioca starch, with exports reaching $1.06M. This positioned Singapore as the 17th largest exporter of tapioca starch globally. Tapioca starch itself ranked as the 2483rd most exported product from Singapore in the same year, highlighting its relatively moderate prominence within the country’s export landscape.

Indonesia emerged as the primary destination for Singapore’s tapioca starch exports, with imports valued at $835k. Following Indonesia were Brunei ($57.2k), Malaysia ($40.9k), Vietnam ($33k), and Thailand ($32.4k). Notably, between 2020 and 2021, Singapore experienced significant growth in its export markets for tapioca starch, particularly in Indonesia with an increase of $798k. Malaysia also demonstrated notable growth, with exports rising by $26.1k. Additionally, Sri Lanka witnessed an increase in tapioca starch imports from Singapore, amounting to $10.8k.

ContinentCountryTrade Value
AsiaBangladesh6,247
AsiaBrunei57,178
AsiaIndonesia834,785
AsiaIndia7,393
AsiaIsrael9,729
AsiaCambodia139
AsiaSouth Korea1,653
AsiaSri Lanka10,927
AsiaMaldives130
AsiaMalaysia40,898
AsiaThailand32,391
AsiaTimor-Leste425
AsiaVietnam33,045
EuropeFrance726
EuropeNetherlands1,869
OceaniaAustralia1,200
OceaniaFiji17,236
OceaniaMicronesia422
OceaniaSolomon Islands536
Table: Where Does Singapore Export Its Tapioca Starch (2021)

Imports

In 2021, Singapore emerged as the 8th largest importer of tapioca starch globally, importing a total of $27.5M worth of the product. Tapioca starch ranked as the 932nd most imported product in Singapore, underscoring its relevance within the country’s import market. Singapore primarily sourced tapioca starch from Thailand, with imports amounting to $25.4M. Vietnam followed with imports valued at $1.41M, and Indonesia with $197k.

Singapore’s Tapioca Starch Imports-min

Between 2020 and 2021, Singapore witnessed significant growth in its import market for tapioca starch, driven primarily by imports from Vietnam, which experienced a notable increase of $680k. Furthermore, Singapore demonstrated a growing demand for tapioca starch from Indonesia, with imports rising by $197k. Chinese Taipei also displayed increased imports, amounting to $95.3k.

ContinentCountryTrade Value
AsiaChina35,927
AsiaIndonesia197,466
AsiaIndia701
AsiaJapan467
AsiaCambodia43,700
AsiaSouth Korea645
AsiaMalaysia175,256
AsiaThailand25,414,183
AsiaTurkey9
AsiaVietnam1,414,335
AsiaChinese Taipei180,598
EuropeSwitzerland5
EuropeFrance835
EuropeItaly5,447
EuropeNetherlands121
North AmericaUnited States4,895
South AmericaBrazil65,978
Table: Where Does Singapore Import Its Tapioca Starch (2021)

Importing Tapioca Starch from Vietnam: A Reliable Partnership

Vietnam has emerged as a prominent supplier of tapioca starch to the Singapore market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $1,414,335. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Singapore in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.

Singapore benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Singapore’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Singapore’s demand for this essential product.

Source: BACI and General Statistics Office of Vietnam