The export volume of soya sauce from Singapore to Indonesia has shown fluctuating trends since 2013. By 2023, the volume stood at 2.26 thousand metric tons, experiencing varying year-on-year changes. Notable peaks occurred in 2016 and 2019 with significant growth, while a sharp decline occurred in 2020. Recent years show recovery with an upward trend, reflected in a 14.9% increase in 2023. The compound annual growth rate (CAGR) over the past five years (2019-2023) is 3.94%. From 2024 onwards, forecasts predict a steady increase with a 5-year average CAGR of 2.15%, reaching 2.59 thousand metric tons by 2028.

Future trends to watch for include:

Impact of economic conditions in both Singapore and Indonesia on trade volumes.
Shifts in consumer preferences and dietary trends in Indonesia.
Potential trade policies or tariffs affecting imports and exports between the two countries.