Welcome!
non-oil domestic re-exports (NORX)
Singapore economy
Singapore's NODX expands by 18.4% in Dec; economists say momentum could slow down going forward
UOB economist Barnabas Gan observes that Singapore’s export and manufacturing sectors remained largely buoyant in 2021
January 17, 2022
Singapore economy
NODX up by 9.0% in 3Q2021; ESG ups 2021 NODX forecast to 9.5 to 10%
Total merchandise trade is expected to range from 17.0% to 17.5%, while NODX is estimated to stand between 9.5% to 10.0% in 2021.
November 24, 2021
Singapore economy
Singapore's NODX expands by 17.9% in October, thanks to growth in electronics and non-electronics
On a seasonally adjusted month-on-month (m-o-m) basis, NODX rose by 4.2% in October to $16.4 billion.
November 17, 2021
Singapore economy
Singapore's NODX grows 12.3% in September, beating expectations
This marks the tenth consecutive month of NODX expansion.
October 18, 2021
Singapore economy
NODX expands 2.7% in August, as low base effect tapers off
Electronic NODX grew during the month, while non-electronic NODX declined.
September 17, 2021
Singapore economy
Singapore's NODX expands by 17.2% in July owing to growth in non-electronics and electronics
July's expansion marks the eighth consecutive month of growth.
August 17, 2021
Singapore economy
ESG adjusts 2021 NODX estimates upwards to 7.0% to 8.0% on better-than-expected growth in 2Q
According to ESG, the outlook for global economic activity remains positive despite the risks and uncertainties that still remain.
August 11, 2021
Singapore economy
Singapore's NODX expands 15.9% in June on low base; growth mainly due to non-electronics
Total trade in June grew by 25.0% y-o-y, extending the 30.9% y-o-y expansion seen in May.
July 16, 2021
Singapore economy
Singapore's May NODX climbs 8.8%, led by non-electronic exports
The growth marks Singapore's sixth consecutive month in the green.
June 17, 2021
Singapore economy
Singapore's NODX falls short of expectations with 6.0% growth in April
Singapore’s non-oil domestic exports (NODX) remained in the green for the fifth consecutive month in April.
May 17, 2021