Non-oil domestic exports (NODX)

Singapore economy

Analysts anticipate further slowdown of NODX in 1H2023 after underperformance in 2H2022, divided on full-year forecasts

Analysts expect a slowdown in NODX for the first half of the year after December's NODX slumped for a fifth straight month.
Singapore's November NODX sinks below expectations with 14.6% y-o-y decline - THE EDGE SINGAPORE

Singapore economy

Singapore's November NODX sinks below expectations with 14.6% y-o-y decline

The reading came in worse than expected compared to Bloomberg's -6.5% estimate.

Singapore economy

Singapore's GDP growth expected to come in 'around 3.5%' in 2022: MTI

At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.
Singapore's NODX declines by 5.6% in October from high base the year before - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX declines by 5.6% in October from high base the year before

During the month, NODX for electronics and non-electronics decreased.
Analysts expect slowdown in NODX further into 2022 after September's NODX underperforms - THE EDGE SINGAPORE

Singapore economy

Analysts expect slowdown in NODX further into 2022 after September's NODX underperforms

Despite the estimated slowdown, most of the analysts are keeping their 2022 NODX estimates unchanged.

Singapore economy

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

In September, NODX to the top 10 markets declined as a whole with China and Hong Kong being the largest contributors to the drop.

Singapore economy

Analysts expect NODX momentum to slow in 2H2022 as Singapore's NODX rose by 11.4% in August

Singapore's NODX for August was thanks to a surge in non-electronics exports and offset by a decline in electronics exports.
Singapore's NODX expands by 7.0% in July to reach $17.8 bil - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX expands by 7.0% in July to reach $17.8 bil

In July, NODX to the top 10 markets rose as a whole, with the largest contributors being the EU 27, Malaysia and Taiwan.
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