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Singapore’s NODX eases to 3.1% in September as electronics exports decline from high base

Felicia Tan
Felicia Tan • 3 min read
Singapore’s NODX eases to 3.1% in September as electronics exports decline from high base
During the month, non-electronics exports increased while electronics decreased due to the high base in the same period the year before. Photo: Bloomberg
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Singapore’s non-oil domestic exports (NODX) expanded by 3.1% y-o-y in September, moderating from the 11.4% y-o-y growth seen in August.

During the month, non-electronics exports increased while electronics decreased due to the high base in the same period the year before.

Non-electronics NODX rose by 7.6% y-o-y, extending the 16.9% growth seen in the previous month. This was led by growth in pharmaceuticals (+22.4%), measuring instruments (+34.2%) and non-monetary gold (+22.2%).

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