{"id":28691,"date":"2021-04-08T11:38:26","date_gmt":"2021-04-08T06:08:26","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=28691"},"modified":"2021-04-08T11:38:29","modified_gmt":"2021-04-08T06:08:29","slug":"export-flowers-to-singapore","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/","title":{"rendered":"Export Flowers to Singapore: Guide for Indian Entrepreneurs"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Singapore imports a wide range of products, both industrial &amp; agricultural, from different nations, as it suffers from a scarcity of natural resources. The trade relationship between India &amp; Singapore has reached a new height in the past few years, with India contributing significantly to their agricultural imports. Presently, Singapore imports about 80% of its total food consumption, catering to the need of four million people residing nationwide. Another commodity that is prominently traded between these two nations is freshly-cut flowers of different varieties. Furthermore, the export of flowers to Singapore helps strengthen its service &amp; hospitality sector. This article will unfold how to export flowers from India to Singapore &amp; how it can be profitable for entrepreneurs.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#Why_Singapore_is_an_Ultimate_Destination_to_Export_Flowers\" >Why\nSingapore is an Ultimate Destination to Export Flowers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#Current_Status_on_Growth_of_Floriculture_in_India\" >Current\nStatus on Growth of Floriculture in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#Overview_on_Flower_Exports_from_India\" >Overview\non Flower Exports from India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#How_to_Export_Flowers_to_Singapore_from_India\" >How\nto Export Flowers to Singapore from India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#Documents_to_be_Arranged_for_Exporting_Flowers_to_Singapore\" >Documents to be Arranged for Exporting Flowers to Singapore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#What_are_the_Steps_to_Avail_IEC_Online\" >What are the Steps to Avail IEC Online?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/export-flowers-to-singapore\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Singapore_is_an_Ultimate_Destination_to_Export_Flowers\"><\/span>Why\nSingapore is an Ultimate Destination to Export Flowers? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Singapore has the most\nadvanced retail market in Southeast Asia, making it an ultimate export avenue.\nThe wet market in this nation is dominated by vegetables, fruits, flowers, &amp;\nmeat. The standard of living of people in Singapore is much better than in\nother South Asian Countries. The growing economy is allowing people to earn &amp;\nsave more. <\/p>\n\n\n\n<p>In addition to that,\nsince Singapore is a tourist-oriented nation, it has a large number of\nrestaurants, hotels, resorts. Additionally, all these avenues seek freshly-cut\nflowers to maintain a lively ambiance. Therefore, the demand for flowers in\nthis country is significantly higher than in other nations.<\/p>\n\n\n\n<p>Flowers production seeks\na lot of hardship &amp; the right technique. Since Singapore suffers from poor\nusage efficiency, they heavily rely on India to cater to the rising demand for\nflowers.&nbsp; <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_Status_on_Growth_of_Floriculture_in_India\"><\/span>Current\nStatus on Growth of Floriculture in India <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Floriculture is a\nprofitable business in India. Further, it provides considerable domestic &amp;\nexport potential since Indian flowers are renowned all around the globe. Demand\nfor dried &amp; fresh flowers is on the higher side because they serve\ndifferent purposes. Furthermore, according to some studies, the worldwide\nmarket for flowers surpasses USD 40 billion &amp; keeps on growing at a CAGR (Compound\nAnnual Growth Rate) of 10% to 12%. <\/p>\n\n\n\n<p>Furthermore, the prominent importers of Indian flowers are South Korea, United States, Singapore, &amp; Western Europe. The nations like Thailand, Indonesia, &amp; Malaysia are also coming up as consumers. Moreover, considering the global production of flowers, the Netherland secures the first position with 56% of the market share, followed by Columbia &amp; Kenya.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-export-rice-from-india-to-other-countries\/\">How to Export Rice from India to Other Countries?<\/a><\/mark><\/p>\n\n\n\n<p><strong><em>The table below manifests the significant exporters &amp; importers of the flowers around the globe:-<\/em><\/strong><\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Sl No<\/strong>\n  <\/td><td>\n  <strong>Major Importers<\/strong>\n  <\/td><td>\n  <strong>Market Share (%)<\/strong>\n  <\/td><td>\n  <strong>Major Exporters<\/strong>\n  <\/td><td>\n  <strong>Market Share (%)<\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>1<\/strong>\n  <\/td><td>\n  Germany\n  <\/td><td>\n  30.3\n  <\/td><td>\n  Netherlands\n  <\/td><td>\n  56.5\n  <\/td><\/tr><tr><td>\n  <strong>2<\/strong>\n  <\/td><td>\n  USA\n  <\/td><td>\n  16.8\n  <\/td><td>\n  Columbia\n  <\/td><td>\n  14.1\n  <\/td><\/tr><tr><td>\n  <strong>3<\/strong>\n  <\/td><td>\n  UK\n  <\/td><td>\n  9.7\n  <\/td><td>\n  Israel\n  <\/td><td>\n  4.2\n  <\/td><\/tr><tr><td>\n  <strong>4<\/strong>\n  <\/td><td>\n  France\n  <\/td><td>\n  9.7\n  <\/td><td>\n  Kenya\n  <\/td><td>\n  2.1\n  <\/td><\/tr><tr><td>\n  <strong>5<\/strong>\n  <\/td><td>\n  Netherlands\n  <\/td><td>\n  8.4\n  <\/td><td>\n  India\n  <\/td><td>\n  0.3\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_on_Flower_Exports_from_India\"><\/span>Overview\non Flower Exports from India <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Floriculture is a vital\nbranch of horticulture. Technically, it is an extensive term that entails the\ncultivation &amp; trade of different type of products, including;&nbsp;<\/p>\n\n\n\n<ul><li>Cut\nflowers<\/li><li>Flowering\n\/ Ornamental plants<\/li><li>Bulbs\n\/ Tubers<\/li><li>Rhizomes<\/li><li>Chicory<\/li><li>Orchids<\/li><li>Mosses&nbsp;<\/li><\/ul>\n\n\n\n<p>Furthermore, when it\ncomes to the exportation of flowers from the nation like India, products are\nclubbed into four primary categories &amp; their respective market share is as\nfollows;&nbsp;<\/p>\n\n\n\n<ul><li>Cut\nflowers, both fresh &amp; dried \u2013 72%&nbsp;<\/li><li>Rooted\ncuttings &amp; spawn \u2013 9.92%&nbsp;<\/li><li>Foliage\n&amp; plant parts \u2013 17.16%<\/li><li>Bulbs,\nroots, &amp; chicory \u2013 1.05%<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Export_Flowers_to_Singapore_from_India\"><\/span>How\nto Export Flowers to Singapore from India?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The following section\nentails the process that will help you export flowers to Singapore in a\nlegitimate way: <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step1:\nCheck for the Demand <\/h3>\n\n\n\n<p>First, the business\nowners need to dig into the market to check what types of flowers are in demand.\nTo better understand the market, an individual must check the past sales,\ncommunicate with the Subject matter expert, &amp; connect with the overseas\nbuyers.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step\n2: Register the Company<\/h3>\n\n\n\n<p>After deciding on what\nproduct to export, the business owner should proceed further to register the\ncompany. The business owner can serve this purpose by approaching the right\nauthority &amp; selecting the right business structure.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step\n3: Avail Licenses -Import Export Code* <\/h3>\n\n\n\n<p>After registering the\nfirm, the business owner has to visit the online portal of the\nDirectorate-General of Foreign Trade (aka DGFT) to avail of the import-export\nlicense (IEC*). The IEC is a ten digit numeric code that helps the individual executes\nthe export &amp; import activities.<\/p>\n\n\n\n<p>Further, to avail\nbenefits of government-based schemes, the business owner will have to register\nthe company with Export Promotion Council &amp; the Commodity Boards.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step\n4: Setup a Business Supply Chain<\/h3>\n\n\n\n<p>After arranging the\nvalid documentation, you can start locating the vendors &amp; suppliers to set\nup a business supply chain.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step\n5: Suitable Shipping Agency <\/h3>\n\n\n\n<p>The last step is to\nlocate legit agency that can help you met the order in a time. Further, select\nshipping services that are suitable for the export of flowers. If they are unable\nto render refrigerated cartons&#8217; services, it&#8217;s better to stay away from\nthem.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_to_be_Arranged_for_Exporting_Flowers_to_Singapore\"><\/span>Documents to be Arranged for Exporting Flowers to Singapore<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li>Company Incorporation Certificate<\/li><li>Company PAN<\/li><li>Further, ID and Address proof of all the directors or partners<\/li><li>Import Export Code (IEC)<\/li><li>Certificate of Origin<\/li><li>Purchase Order<\/li><li>Packing List<\/li><li>Bank account statement and other financial details<\/li><li><a href=\"https:\/\/corpbiz.io\/gst-registration\"><strong>GST<\/strong><\/a> and other tax registration certificates.<\/li><li>Quality Assurance Certificate<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Steps_to_Avail_IEC_Online\"><\/span>What are the Steps to Avail IEC Online?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"1015\" height=\"464\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/What-are-the-Steps-to-Avail-IEC-Online.png\" alt=\"Steps to Avail IEC Online\" class=\"wp-image-28720\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/What-are-the-Steps-to-Avail-IEC-Online.png 1015w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/What-are-the-Steps-to-Avail-IEC-Online-300x137.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/What-are-the-Steps-to-Avail-IEC-Online-768x351.png 768w\" sizes=\"(max-width: 1015px) 100vw, 1015px\" \/><\/figure><\/div>\n\n\n\n<p><strong>Step 1:<\/strong> Use the given URL to visit the DGFT portal.&nbsp; https:\/\/dgft.gov.in\/CP\/ <\/p>\n\n\n\n<p><strong>Step 2:<\/strong>\nClick on the &#8220;Apply for IEC&#8221; tab &amp; fill up the registration\ndetails.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Step 3:<\/strong>\nAfter filling in the said information, click on the Send OTP\nbutton.&nbsp;&nbsp;Go to the home page then select the &#8220;Apply IEC button\nagain. Complete the login formalities.<\/p>\n\n\n\n<p><strong>Step 4:<\/strong> After login, fill up the <a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong>IEC registration<\/strong><\/a> form with the relevant information. While providing the banking detail, make sure to upload a canceled checkbook &amp; select the &#8220;Save &amp; Next&#8221; button.<\/p>\n\n\n\n<p><strong>Step 5:<\/strong>\nSelect the correct sectors of operations &amp; then choose the Acceptance of\nUndertaking. Click &#8220;Save &amp; Next&#8221; button to proceed further.&nbsp;<\/p>\n\n\n\n<p><strong>Step 6<\/strong>: click\non the &#8220;Sign&#8221; button located at the bottom section of the page.&nbsp;<\/p>\n\n\n\n<p><strong>Step 7:<\/strong>\nSubmit the online fee &amp; take the printout of the receipt.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Singapore<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Singapore\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> has an abundance of technological resources, but, unfortunately, the country doesn&#8217;t have enough land for cultivation. Even with the best of effort, the land crisis in the country is rising every passing year.  Their dependence on export is inevitable, &amp; it is increasing in tandem with the rising demand. With that being said, exportation is the only way for them to curb the problems. In light of this, it seems that their trade relationship with India will improve over time. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-setup-a-cocoa-export-business-in-india\/\">How to Setup a Cocoa Export Business in India<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore imports a wide range of products, both industrial &amp; agricultural, from different nations, as it suffers from a scarcity of natural resources. The trade relationship between India &amp; Singapore has reached a new height in the past few years, with India contributing significantly to their agricultural imports. Presently, Singapore imports about 80% of its [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":28721,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[1651],"acf":{"service_id":"16"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":5158,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/28691"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=28691"}],"version-history":[{"count":6,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/28691\/revisions"}],"predecessor-version":[{"id":28724,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/28691\/revisions\/28724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/28721"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=28691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=28691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=28691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}