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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.
August 17, 2023
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.
June 16, 2023
Singapore economy
Singapore's December NODX declines by 20.6% as electronics and non-electronics exports drop
Singapore's NODX grew by 3.0% in 2022 overall.
January 17, 2023
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.
November 23, 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.
September 16, 2022
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.
July 18, 2022
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%.
June 17, 2022
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.
April 18, 2022
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.
March 17, 2022
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.
February 17, 2022