non-oil domestic exports (NODX)

Non-oil domestic exports drop 13.2% YoY in September

The drop in electronics and non-electronic exports drove the overall decline.

Exports drop 20.2% in July

Electronic and non-electronic domestic exports also dropped.

NODX records worse contraction in almost a decade

This is the eighth straight month of contraction.

Singapore’s total merchandise trade down 7.8% in Q1

EnterpriseSingapore foresees that exports will decline 10% to 8%.

NODX decline likely to continue for a few more months

Experts predict that NODX will contract by -5.5% to -9% in 2023.

Non-oil domestic exports drop 9.8% YoY in April

A 20.9% drop in exports to China drove the overall decline.

SG likely to see ‘worst export performance’ since 2019 

Experts expect full-year NODX to drop by 4% to 7% in 2023.

Non-oil domestic exports fall 15.6% YoY in February

Decreases in both electronics and non-electronics exports drove the decline in NODX.

Weak demand from major export destinations hits NODX momentum: UOB

Non-oil domestic exports (NODX) declined 25% in January 2023.

Worse may be over for exports: RHB

Exports slightly improved in January but it will decline in the first half of 2023.

Exports decline 25% in January

Electronics and non-electronics decreased.

Non-oil domestic exports unlikely to grow in 2023: forecast

Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.

Non-oil domestic exports decline 5.6% YoY in October

Decreases in both electronics and non-electronics exports drove the decrease in NODX.

Exports momentum may be slow in Q4: analysts

This may be dragged by the softening demand in East Asia.

Exports growth slows to 3.1% in September

This is down from the 11.4% growth in August 2022. 

What will drag NODX momentum in the second half of 2022?

In H2, RHB expects NODX to grow only by 4.0% YoY.