Year-on-year, Nodx dropped by 14% in 4Q 2022, sharp swing from the previous quarter’s 7.1% growth.
Singapore’s trade and non-oil domestic export (Nodx) for 2023 is seen to slow, following a strong recovery from the pandemic recorded in the preceding 2021, says Enterprise Singapore (EnterpriseSG).
In 2022, Nodx increased by 3% y-o-y, a deceleration from 12.1% seen in 2021, with growth driven by both electronics and non-electronic products.
