SINGAPORE, Sept 17 (Xinhua): Singapore's non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, expanded by 6.0 per cent year on year in August, trade promotion agency International Enterprise (IE) Singapore said Wednesday.
The performance reversed the 3.3 per cent contraction in July, due to an increase in non-electronic exports which outweighed the decline in electronic exports.
On a year-on-year basis, electronic NODX contracted by 6.9 per cent in August, after the 7.9-per cent decline in the previous month. The decrease in electronic domestic exports was largely due to parts of PCs, ICs and disk drives, IE said.
Non-electronic NODX expanded by 12.1 per cent, in contrast to the 1.1-per cent decline in the previous month, led by growth in petrochemicals, pharmaceuticals and structures of ships & boats.
NODX to all of the top 10 NODX markets, except Hong Kong, Japan and Thailand, rose in August. The top three contributors to the NODX rise were South Korea, China's Taiwan and the Chinese mainland. NODX to China grew by 5.8 per cent in August, following the 7.0 per cent rise in the preceding month.
Singapore’s non-oil domestic exports grows
FE Team | Published: September 18, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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