Singapore’s non-oil domestic exports rise 9.1% in Nov from a year ago

SINGAPORE (Dec 18): Non-oil domestic exports (NODX) in Nov 2017 rose 9.1% on-year, slower than the 20.5% expansion in the preceding month, according to the latest data from IE Singapore.  

This was due increases for both electronic and non-electronic NODX as the former rose for the second month straight after a decline in September, while the latter grew for the sixth consecutive month, says the agency that promotes international trade.

Compared to a year ago, total trade rose 10.1% in Nov, extending the 12.9% expansion in the preceding month. Total exports increased by 9.6% in Nov, following the 10.3% growth in Oct. Total imports grew by 10.7% in Nov, after the 16% expansion in Oct.

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