Page 16 - Agri 2020_24Dec
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SINGAPORE AGRI-FOOD BUSINESS DIRECTORY 2020/2021
    Singapore’s Food Import By Country, 2017
Singapore’s Food Import By Country, 2017
  Others
23%
3% 4%
19%
France
  Vietnam
Japan 3%
Malaysia
  Australia Thailand
7%
10%
Indonesia
2%
7% 9%
US China
UK
13%
The global agri- food landscape is changing rapidly. By 2050, global food demand will rise by 60 percent with growth in the global population.
MASAGOS ZULKIFLI
MINISTER FOR MINISTRY OF THE ENVIRONMENT AND WATER RESOURCES (MEWR)
Singapore’s Three Food Baskets
Food imports will remain Singapore’s primary food basket for the foreseeable future. To ensure it will never be caught wanting, Singapore has expanded its supply sources to some 180 countries across the globe.
As figures from the World Integrated Trade Solution (WITS), a trade software provided by the World Bank, show there is still cause for concern. In 2017, in US dollar terms, Singapore is dependent on five countries - France, Malaysia, UK, China and US – for over 50 percent of its food supply, and 10 countries, which included Indonesia, Thailand, Australia, Japan and Vietnam, for 75 per cent of its food supply.
For selected staples like eggs, the dependence is even higher, with Malaysia accounting for a hefty 73 percent of Singapore’s egg consumption and local farms, 26 percent. The remaining 1 percent comes from accredited farms in countries such as Australia, New Zealand, South Korea and Thailand.
Alarm bells were set off when Malaysia mulled the possibility of curtailing egg exports because of a supply shortfall in December 2018. While the threat did not materialise, it underscored the need for Singapore to cast its net wider.
Importers have taken heed of the SFA’s call to expand Singapore’s food source and have added Ukraine to their list of egg suppliers. Since the middle of 2019, over 5 million eggs have been imported from Ukraine. Though this is a fraction of Singapore’s annual egg consumption of some 2 billion, the numbers are expected to grow as Ukraine, with its sizeable agricultural sector, is a net food exporter.
Senior director of SFA’s Food Resilience Division Melvin Chow told The Straits Times, “We are encouraged that importers are heeding our call to diversify food sources. There is room to diversify further and more importers must play their part in ensuring Singapore’s food security.”
Source: World Integrated Trade Solution
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