my country's non-oil domestic exports (NODX) increased, up 12.4% year-on-year in April, while the increase in the previous month was 5.4%. Exports in both electronic and non-electronics have increased. In terms of export markets, Singapore's...
my country's non-oil domestic exports (NODX) increased, up 12.4% year-on-year in April, while the increase in the previous month was 5.4%. Exports in both electronic and non-electronics have increased.
In terms of export markets, Singapore's exports to Indonesia, Taiwan and South Korea increased in April, while exports to mainland China and Malaysia decreased. Among them, exports to Indonesia increased by 111.2%, continuing the growth of 62.9% in the previous month; exports to China fell by 17.0%, narrowing the decline from 29.5% in the previous month.
Compared with the same period last year, electronic product exports rose by 23.5% in April, up from 12.2% in the previous month. Among them, the export of personal computers, integrated circuits and disk media products increased by 124.3%, 23.3% and 33.0% respectively.
When the Singapore Enterprise Development Bureau released the latest data on Friday (May 16), it also pointed out that my country's non-oil domestic exports increased by 5.6% in the first four months of this year. The authorities are actively monitoring the global tariff situation and make adjustments to annual growth if necessary.
Non-electronic product exports rose 9.3% year-on-year, further increasing from the 3.7% increase in the previous month. The export of non-monetary gold increased by 80.4%, and the export of special machinery increased by 7.2%. The ship structure also contributed to exports.
In terms of total trade volume, April rose 14.7% year-on-year, also widening from the 3.4% increase in the previous month, and both exports and imports increased.
