Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

International Enterprise Singapore reported:

The top three contributors to the NODX expansion in June 2012 were Hong Kong (+41 per cent), the EU 27 (+17 per cent) and Indonesia (+20 per cent).

NODX to Hong Kong grew by 41 per cent in June 2012, following the previous month’s 23 per cent expansion, led by ICs (+26 per cent), specialised machinery (+154 per cent) and PCs (+345 per cent). NODX to the EU 27 increased by 17 per cent, after the previous month’s 1.5 per cent rise, led by pharmaceuticals (+45 per cent), measuring instruments (+80 per cent) and PCs (+133 per cent).

NODX to Indonesia expanded by 20 per cent, following the preceding month’s 16 per cent increase, led by structures of ships & boats, motorcycles (+640 per cent) and specialised machinery (+72 per cent).