SINGAPORE: Singapore's non-oil domestic exports (NODX) declined by 0.1 per cent in May, moderating from the 9.6 per cent contraction in April.
Stacks of containers are seen at Singapore's Tanjong Pagar Terminal on Jan 17, 2022. SINGAPORE: Singapore's non-oil domestic exports declined by 0.1 per cent in May, moderating from the 9.6 per cent contraction in April.
Integrated circuits, disk media products and PCs contributed the most to the growth in electronic NODX, expanding by 35.8 per cent, 92 per cent and 27.2 per cent respectively, Non-monetary gold, pharmaceuticals and electrical circuit apparatus contributed the most to the decline, contracting by 47.2 per cent, 37.5 per cent and 21.8 per cent respectively.
The largest contributors to the rise in NODX were Hong Kong, Malaysia and the United States, with exports to these markets expanding by 73.4 per cent, 23.6 per cent and 12.1 per cent respectively.
Singapore Latest News, Singapore Headlines
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