Singapore's Beverage Exports to China Have Fallen Off a Cliff
In March 2023, Mainland China bought S$10.2 million of Singaporean drinks and tobacco. By April 2026, the monthly figure had collapsed to only S$182,0
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Contains information from "Domestic Exports Of Beverages And Tobacco By Market, Monthly" accessed on 3 July 2026 from Singapore Department of Statistics (data.gov.
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sg (Singapore Department of Statistics)) which is made available under the terms of the Singapore Open Data Licence version 1.0 (https://beta.data.gov.sg/open-data-licence).
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from Singapore A river of beverage and tobacco exports from Singapore to Mainland China that once ran at millions of dollars a month has slowed to a trickle.
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Monthly trade figures show a near-total collapse in shipments to what was, until recently, the island's biggest buyer, leaving industry players to ask whether the market has shifted structurally.
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How big was China as a buyer? In March 2023, Singapore shipped S$10.2 million worth of drinks and tobacco to Mainland China, the highest single month in the 50-month series covering early 2022 to April 2026.
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That one-month figure was more than 26 times the value that went to Indonesia, the next-largest destination. Over the entire period, China dominated, but the size of that dominance has collapsed.
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By April 2026, the monthly export value to China had fallen to just S$182,000 — barely one-fiftieth of the peak. What about other major destinations?
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Indonesia and the Philippines have also seen a steady decline in drinks and tobacco imports from Singapore, though the drop is less extreme.
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In March 2023, Mainland China bought S$10.2 million of Singaporean drinks and tobacco. By April 2026, the monthly figure had collapsed to only S$182,000, government trade data shows.