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Singapore's exports dropped by 2.1% in January, reflecting global economic uncertainties.
Singapore's non-oil domestic exports (NODX) fell by 2.1% in January 2025, following a 9% increase in December, due to a decline in non-electronic shipments. Electronics exports grew by 9.6%, but this was not enough to offset the overall decrease. The drop comes amid global economic uncertainties, and Enterprise Singapore forecasts NODX growth of 1-3% for 2025, though warns of potential disruptions.
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