, Singapore

Chart of the Day: Check out which two industries posted positive trade growth in Q3

They prevented overall domestic trade to sink further.

Domestic wholesale trade dropped 13.8% in Q3, with almost all industries posting declines.

According to Department of Statistics, petroleum & petroleum products, chemicals & chemical products and ship chandlers & bunkering industries recorded decreases in domestic sales of 17.8%, 14.8%, and 12.2%, respectively, due to decline in prices in the said industries.

Double digit declines in domestic sales were also seen by telecommunications & computers, electronic components, general wholesale trade, industrial & construction machinery, and metals, timber & construction materials.

Meanwhile, transport equipment suffered minimal decline of 3.8%.

In comparison, household & furniture industry recorded a double digit increase of 12.8%. Food, beverage & tobacco industry also showed growth at 5.3%. 

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