Singapore NODX up 13% in June
This is a significant rise after the 3.9% decline in May.
Singapore’s non-oil domestic exports (NODX) jumped by 13% year-on-year (YoY) in June, following a 3.9% decrease in the previous month.
The growth was supported by increases in both electronic and non-electronic exports.
In the first six months, NODX rose by 5.2%.
Electronic exports expanded by 8% YoY in June, up from the 1.6% increase in the previous month, driven by higher exports in integrated circuits (17.5%), personal computers (53.8%), and printed circuit boards (17%).
Non-electronic exports rose 14.5% YoY in June, after falling 5.8% in May. Non-monetary gold surged 211.9% whilst specialised machinery and other specialty chemicals expanded by 31.4% and 20.1% respectively.
Exports to Hong Kong expanded by 54.4% in June due to increases in specialised machinery (927%), integrated circuits (55.4%), and non-monetary gold (71.1%).
Exports to Taiwan also rose by 77.9% due to specialised machinery (50.3%), measuring instruments (53%), and integrated circuits (21.2%).
Exports to South Korea also grew by 33% in June 2025 due to increases in specialised machinery (77.9%), measuring instruments (202.7%), and personal computers (195.3%).
However, shipments to the European Union, Thailand, Malaysia, the US, Indonesia, and Japan registered declines.