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Singapore exports up in June

Overall export growth also strengthened, which was partly due to base effects.

Singapore's non-oil domestic exports rose in June, though the increase was modest when excluding gold exports, according to a Nomura report.

Overall export growth also strengthened, which was partly due to base effects.

Within non-electronics exports, Singapore's non-monetary gold export growth surged.

However, pharmaceutical export growth remained low, indicating limited front-loading despite potential US tariffs.

Separately, re-export growth held steady, pointing to ongoing re-routing and transshipments.

 

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