NODX
Singapore’s NODX to push past official 2024 forecast, UOB
Base effects relied on for NODX recovery
Electronics cycle shows tentative signs of bottoming – expert
In September, electronics NODX saw a narrower contraction of 11.6 YoY.
Non-oil domestic exports drop 13.2% YoY in September
The drop in electronics and non-electronic exports drove the overall decline.
NODX records worse contraction in almost a decade
This is the eighth straight month of contraction.
Shipments to China may improve but later than expected: analyst
CGS-CIMB said the improvement may come in the second quarter.
Non-oil domestic exports fall 20.6% YoY in December
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Exports may shrink anew in November as economy outlook dims: analyst
It contracted by 5.6% in October 2022 due to decline in electronics shipments.
Exports post slower growth in July due to low demand in China
It rose to 7.0% in July from 8.5% in June.
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Chart of the day: Singapore Q1 trade forecast is ‘better-than-expected’
Total merchandise trade grew by 20.8% in the first quarter of 2022.
NODX grows 18.4% in December 2021
The record surpassed Bloomberg's estimate of 13.5%.
NODX further expands with 24.2% YoY growth in November
Non-electronic products drove the increase for November.
Singapore exports up 17.9% in October
Re-exports also echoed this growth with a 17.8% growth.
China's power crisis may contribute to NODX slowdown in 2022
Meanwhile, the demand for petrochemical exports benefitted from this same crisis.
Singapore exports up 12.3% to $15.7b in September
Re-exports also saw an increase of 16.4% in the same month.
Singapore’s exports expands 8.8% in May
This is the 6th consecutive month of exports growth.
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