Singapore's non-oil domestic exports (NODX) fell 9.3% year-over-year in April, with non-electronic exports dropping 12.3%.
Singapore's non-oil domestic exports (NODX) fell 9.3% year-over-year in April, lessening from the 20.8% decline in March. The decline was largely driven by non-electronics, including pharmaceuticals, while electronics saw growth. Non-electronic exports dropped 12.3%, while electronic shipments rebounded by 3.3%. On a monthly basis, NODX increased 7.6% in April, reversing an 8.5% decline in the previous month.
May 17, 2024
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