According to official data released by Enterprise Singapore (ESG) on Nov 17, the higher NODX was thanks to growth in both the electronics and non-electronics sectors.
Singapore’s non-oil domestic exports (NODX) expanded by 17.9% in October, extending the 12.0% growth in September and beating the median estimate of 15.1% in a private Bloomberg poll.
The growth in October also marks the 11th straight month of Singapore’s NODX expansion.
