Singapore's Non-Oil Domestic Exports Expand 25% in April
MT Newswires05-18
Singapore's non-oil domestic exports (NODX) jumped 24.5% year over year in April, extending the 15.3% increase in the previous month, according to data released by Enterprise Singapore on Monday.
Electronic NODX expanded 66.7%, while non-electronics grew 10.9% on year during the month.
Non-oil re-exports surged by 29.6% year over year in April, slowing from the 60.8% expansion in the previous month.
Total merchandise trade increased by 33.1% year over year in April, after a 38.3% expansion in the previous month.
Total exports were up 31.8% in April, easing from the 41.0% rise in the previous month. Total imports, meanwhile, rose by 34.7% compared with 35.4% in the previous month.
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