Key Market Indicators
Singapore's fishing equipment import and export are both set to increase over the next five years. Imports are forecast to reach $138 million in 2026, up 1.4% year on year on average since 1994. South Korea was the top importer in 2021 at $127 million. Japan, South Korea and Singapore ranked second, third and fourth respectively. Exports are expected to hit $119 million in 2026, representing a 0.8% year on year increase since 1994. Malaysia was the leading exporter in 2021 at $113 million. Japan, the United States and Malaysia ranked second, third and fourth respectively.
