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Singapore’s economy has rebounded post COVID-19 pandemic. The city-state is heavily reliant on imports of food and energy, the food and beverage industry are largely driven by international tourism and consumer spending.
The report discussed food and agricultural export product certificate required by the Singapore Government.
The report provides information on the regulations and procedures for the importation of food and agricultural products from the United States to Singapore.
Singapore’s economy has made significant progress towards normalization post COVID-19 pandemic. The city-state is heavily reliant on imports of food and energy, the food and beverage industry are largely driven by international tourism and consumer spending.
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.
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.
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 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.