, Singapore

Chart of the Day: Singapore's export performance has been strong in recent months

But is it sustainable?

Singapore's non-oil domestic exports (NODX) have picked up in recent months, recording strong double-digit growth.

According to Standard Chartered, the oil and chip prices and higher demand for electronics exports along the electronics supply chain may have driven the recent performance.

However, the pick-up in electronics exports is not broad-based – ICs and PC parts were key drivers, while demand for other components was soft. Meanwhile, import volumes of major economies contracted in 2016 and could weigh on Singapore’s export value growth in 2017.

"Export growth could ease as the low commodity price base effect tapers off in H2-2017. We expect strong export performance in 1H17, but a slowdown in export growth in 2H17," SC said.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Asia insurers risk irrelevance as protection gaps widen
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
Insurance
Banks urged to turn pricing into a strategic growth lever
A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.
AI governance failures threaten banks’ returns
95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.