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Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea

Felicia Tan
Felicia Tan • 2 min read
Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea
The Singapore skyline. Photo: Bloomberg
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Singapore’s non-oil domestic exports (NODX) declined by 3.4% y-o-y in the month of October, easing from the 13.2% contraction in September.

Both electronics and non-electronics NODX declined on a y-o-y basis, albeit less sharply than the previous month’s numbers from a low base in the year before.

Electronic NODX fell by 5.6%, contributed the most by integrated circuits (ICs), diodes & transistors and parts of personal computers (PCs), which contracted by 17.6%, 19.8% and 22.9% respectively.

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