Domestic wholesale trade dips 3.3% QoQ in Q422

Most wholesale trade industries recorded QoQ declines in domestic sales.

Domestic wholesale sales fell 3.3% QoQ in the fourth quarter of 2022, data from the Department of Statistics Singapore (SingStat) showed.

This as most wholesale trade industries recorded quarter-on-quarter declines in domestic sales in Q4.

Amongst industries, Household Equipment & Furniture and Telecommunications & Computer had the biggest declines, with sales falling 17.7% and 13.6%, respectively.

Singstat attributed the sales decline in the abovementioned industries to “a fall in demand for computers, audio and video equipment.”

Other industries which saw contraction during the quarter were Food, Beverages & Tobacco (-2.5% QoQ), Chemicals and Chemical Products (-11.5% QoQ); Ship Chandlers and Bunkering (-2.7% QoQ); Electronic Components (-2.1% QoQ); Metals, Timber & Construction Materials (-7.1% QoQ); Petroleum & Petroleum Products (-0.5% QoQ); Industrial & Construction Machinery (-5.6% QoQ); General Wholesale Trade (-4.4% QoQ); and Other Wholesale Trade (-2.6% QoQ).

Only Transport Equipment saw an expansion in sales in Q4, rising 23.0% QoQ.

Follow the link for more news on

Department of Statistics

domestic and foreign wholesale trade

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia