SINGAPORE, Mar 17 (Xinhua) : Singapore non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, rose by 9.1 per cent on year in February, trade promotion agency International Enterprise Singapore said Monday. It was a huge recovery compared with the 3.3 per cent decrease in the previous month, due to an increase in non-electronic NODX, which outweighed the contraction in electronic NODX.
On a yearly basis, the electronic NODX contracted by 3.7 per cent in February, eased from the decline of 17.0 per cent in January. On the other hand, the non-electronic NODX expanded by 15.4 per cent during the same period, following the 3.5 per cent increase in the previous month.
The NODX to all of the top 10 markets, except South Korea and China's Hong Kong, expanded in February. The top three contributors to the NODX expansion in February were China's mainland, China's Taiwan, and the United States.The NODX to China's mainland rose by 35.5 per cent in February on year, following the previous month's 15.3 per cent increase, led by petrochemicals, primary chemicals and pharmaceuticals. Meanwhile, the NODX to the United States and China's Taiwan rose respectively by 22.3 per cent and 10.2 per cent on year.
On a month-on-month basis, the NODX expanded by 7.2 per centin February, compared to the previous month's 5.0 per cent contraction, due to an increase in both electronic and non-electronic NODX.
Singapore\\\'s export performance recovers in February
FE Team | Published: March 18, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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