Peru Export Opportunities to Singapore

Singapore, also referred to as the Republic of Singapore is one of the top-ranked island countries in Southeast Asia. The main territory of Singapore includes a main island that is diamond-shaped as well as over 60 smaller islets (Singapore, 2010). Singapore is an agile and high potential location for financial hubs, global commerce, and transportation hubs. According to the World Bank, Singapore is considered as the most transitive location to establish a business and conduct business interactions. Singapore is also the third biggest center for foreign exchange as well as the fourth biggest financial center. It also ranks third as a trading and oil-refining center (Singapore, 2010). Furthermore, the nation is famous for its incorrupt, effective, and pragmatic governance; in fact, it has the most integral leadership rating in the world, which means that the citizens are very confident in the leadership of the country.

Weather

The climate of Singapore is tropical rainforest hence it does not have distinctive seasons; high humidity, balanced air pressure ranges, favorable temperatures as well as abundant rainfall. The temperature in Singapore varies from 22 to 36 degrees Celsius (Ho, 2013). The relative humidity averages to 79 percent when it's morning and 74 percent when it is afternoon.

Temperature

As illustrated in the graph below, the temperature ranges on a diurnal scale, with a minimum of about 23 degrees Celsius. The month of May is considered as the hottest month within the year; following May, April is also considered as a hot month. These temperatures are caused by the immense sunlight and light winds that take place during the months. Singapore’s highest temperature ever recorded is 36 degrees Celsius; this was in 1998. On the other hand, Singapore’s lowest temperature was 19.5 degrees Celsius; this took place in 1934. However, the temperature in Singapore is normally 33 degrees Celsius and reaches 35 degrees Celsius at its highest peak (Ho, 2013).

Tropical

The humidity in Singapore ranges within the higher 90 percent during morning hours to almost 60 percent during the mid-afternoon. These percentages do not go below the 50 percent mark. In 2009, Singapore’s average humidity levels were at 81 percent, which was a relative increase from 77 percent in 2008. When the heavy rain season extends, the relative humidity in Singapore could reach 100 percent. Figuratively, the western side of Singapore experiences more rain as compared to the eastern portion due to the rain’s shadow effect.

Singapore’s eastern side receives minimal rainfall and it is also slightly hotter as compared to Western Singapore. Due to this aspect, there may be minor weather disparities between both parts of the island. It is important to note that some geographical elements could lead to such a phenomenon. Even though Singapore is small in size, one area could experience rainfall while the other does not. Singapore’s wettest month is December whereby rainfall could reach about 244 mm and most rainfall incidences are experienced during the afternoon (Ho, 2013). The rains may last for up to three days. On the other hand, the month of July is the driest month whereby rainfall could average 70 mm. Light and scattered showers may be experienced late in the morning and afternoon.

Monsoon Seasons

The Monsoon periods usually take place twice every year. The first Monsoon is the Northeast Monsoon that takes place in-between the months of November to March. Here, a wide spread of the northeast winds occurs; which sometimes reaches speeds up to 12 mph. Southwest Monsoon is the second season that takes place between the months of June to September. It should be noted that this period between the monsoon seasons usually experiences minimal wind and rain.

Main Export Products and Interest

Singapore sits at the 14th position in the global export market. According to the World Trade Organization, Singapore is ranked as an area with the highest trade operations against its GDP ratio worldwide. Owing to its geostrategic location as well as the port facilities, Singapore’s export merchandise consists of entrepot trade. Singapore exports asparagus, corn, coffee, and grapes to different parts of the world. Asparagus has a high market demand in Australia as well as the United States and Singapore plans to utilize this market effectively.

Coffee is one of the most popular beverages in Singapore, and it is sold in almost every location in Singapore. Over 70 percent of coffee consumed in Singapore is produced locally (International Business Publications, 2010). Coffee is mostly propagated in the rural parts of the country in both large scale and small-scale farms. The most popular type of coffee planted in Singapore is the Arabica coffee. Singapore coffee is popular all around the world due to its distinct taste and rich dark color. The Coffee brewing process is also unique to Singapore and entails a traditional method whereby coffee beans are roasted in a customized drum; this method has also helped the coffee farmer to cut down on heavy costs, which has subsequently made Singapore’s coffee very competitive in the market in terms of pricing.

Routes

Singapore Changi Airport, the main civilian airport, is ranked as the biggest transportation hub in the Southeast Asia region. It is known worldwide as the best airport in terms of its infrastructure, not only that, but the airport is one of the busiest international cargo traffic and passenger traffic terminal. The airport is also home to Singapore Airlines Cargo, Scoot, Jetstar, Singapore Airlines, and AirAsia (Koninck et al., 2010). In the year 2014, Indonesia was considered as the biggest market for the airport whereby they had over 7 million passengers; Malaysia follows closely and finally Australia. When it comes to the busiest routes, Jakarta topped the list, followed by Hong Kong then Kuala Lumpur. However, Denpasar-Bali was considered as the rapidly growing route whereby there was a 15.7 percent growth every year.

Singapore Changi Airport offers its services to over 100 airlines that fly to almost 300 different cities in 80 countries and territories all over the world. Every week almost 6,000 flights depart and land at Changi while 54 million passengers use this airport every year (Koninck et al., 2010). In 2012, the airport’s Air Cargo Division handled almost 2 million tons of cargo, which ranked it as the 7th busiest Air

...