SINGAPORE: Singapore's non-oil domestic exports (NODX) grew 9.7 per cent year-on-year in April, a drop from the 17.6 per cent growth that was seen ...
SINGAPORE: Singapore's non-oil domestic exports grew 9.7 per cent year-on-year in April, a drop from the 17.6 per cent growth that was seen in March, according to official data released on Monday .
April's expansion was largely due to pharmaceuticals, which grew from a low base a year ago, while electronics declined.On a month-on-month seasonally adjusted basis, NODX fell 5.8 per cent in April, a reverse from the previous month's 12.8 per cent expansion. Total trade decreased over the year in April - a decline of 12.8 per cent, a further drop from the 0.2 per cent fall in March.Shipment to Singapore's top 10 markets grew in April, though exports to China, Hong Kong, Malaysia, Indonesia and Thailand declined; growth was mainly due to the US, the European Union and Japan.
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