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Singapore’s NODX declines by 4.6% in October due to drop in non-electronics

Felicia Tan
Felicia Tan • 2 min read
Singapore’s NODX declines by 4.6% in October due to drop in non-electronics
Total trade fell by 2% y-o-y and 1.8% m-o-m to $102.2 billion in October. Photo: Bloomberg
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Singapore’s non-oil domestic exports (NODX) fell by 4.6% on a y-o-y basis in October as non-electronics exports fell while electronics exports grew.

On a m-o-m seasonally adjusted basis, NODX fell by 7.4% to $13.6 billion as non-electronics fell.

Non-electronic NODX fell by 6.7% y-o-y as specialised machinery, pharmaceuticals and petrochemicals, which contributed the most to the decline, fell by 22.6%, 40.4% and 7.4% respectively.

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