Despite the growth, the figure disappointed market expectations of a stronger 16.5% growth y-o-y.
Singapore’s non-oil domestic exports (NODX) increased by 9.5% y-o-y in February, easing from the 17.6% y-o-y growth seen in January.
The expansion was attributable to broad-based growth in both electronics and non-electronics, says Enterprise Singapore (ESG) in a release on March 17.
