non-oil domestic re-exports (NORX)

Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China (update) - THE EDGE SINGAPORE

Singapore economy

Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China (update)

Total trade fell by 20.8% y-o-y in July as both exports and imports decreased.

Singapore economy

May NODX down 14.7% mainly due to Hong Kong, Malaysia and Taiwan

Total trade fell by 17.9% in May as both total exports and imports fell.

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 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 9.0% in June, mainly due to growth in non-electronics - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX expands by 9.0% in June, mainly due to growth in non-electronics

The expansion was mainly due to higher non-electronic exports such as food preparations, petrochemicals and measuring instruments.

Singapore economy

Singapore's NODX expands by 12.4% in May from low base

Total trade grew by 32.4% in May. During the month, total exports expanded by 26.9% and total imports grew by 38.7%.
Singapore's March NODX eases further with 7.7% growth - THE EDGE SINGAPORE

Singapore economy

Singapore's March NODX eases further with 7.7% growth

On a m-o-m seasonally adjusted basis, March’s NODX fell by 2.3%, following the 2.9% m-o-m decline in February.
Singapore's NODX expands by 9.5% in February, easing from January's growth - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX expands by 9.5% in February, easing from January's growth

NODX to the top 10 markets rose on the whole in February, with the largest contributors being the EU 27, China and Malaysia.
Singapore’s NODX up 17.6% in January; expands 12.1% in 2021 - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX up 17.6% in January; expands 12.1% in 2021

ESG has kept its estimate for both total merchandise trade and NODX at 0.0% to +2.0% for 2022.
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