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Singapore's exports dropped 11.3% in August 2025, driven by weaker demand from the U.S. and China.
Singapore's non-oil domestic exports fell 11.3% in August 2025, worsening from a revised 4.7% drop in July, according to Enterprise Singapore.
The decline, driven by sharp falls in shipments to the U.S. and China, was broader across electronics, specialized machinery, food preparations, and petrochemicals.
Despite a 12.3% rise in non-oil re-exports and total trade growth of 3.0%, export performance weakened due to global trade disruptions, U.S. tariffs, and slowing demand.
The government revised its 2025 economic forecast upward to 1.5–2.5%, but warned of uncertainty ahead, citing ongoing tariff pressures and reduced export momentum.
Las exportaciones de Singapur cayeron un 11,3% en agosto de 2025, impulsadas por una demanda más débil de los Estados Unidos y China.