Chart of the Day: Total trade down 8.2%

Exports declined by 13.8% last December.

International Enterprise Singapore reported:

On a y-o-y basis, total trade contracted by 8.2 per cent in December 2012, following the 3.6 per cent decrease in the previous month.

Total exports declined by 13.8 per cent in December 2012, following the 2.8 per cent contraction in the previous month.

Total imports decreased by 1.5 per cent in December 2012, following the 4.5 per cent decline in the preceding month.

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