Singapore’s Key Exports Decline For 12th Consecutive Month

Singapore’s Key Exports Decline For 12th Consecutive Month

SINGAPORE, Oct 17 (NNN-XINHUA) – The non-oil domestic exports (NODX) in Singapore, declined by 13.2 percent year-on-year in Sept, marking a contraction for the 12th straight month, government agency, Enterprise Singapore, announced today.

Last month (Sept), electronic exports contracted by 11.6 percent year-on-year, and non-electronic exports declined by 13.6 percent, according to the government agency.

NODX to Singapore’s top markets as a whole, declined in Sept, though exports to the Chinese mainland, China’s Hong Kong Special Administrative Region, and the United States rose, the data showed.

The oil domestic exports of the city-state also declined by 17.0 percent year-on-year, in Sept, following the 24.7 percent contraction in Aug, said the Enterprise Singapore.

On a year-on-year basis, Singapore’s total trade declined by 12.3 percent in Sept.


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