non-oil domestic exports (NODX)
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Singapore’s non-oil domestic exports face bumpy recovery in H1: experts
Outlook for the second half looks rosy.
Non-oil domestic exports drop 1.5% YoY in December
Enterprise Singapore attributed the decline to a drop in electronics NODX.
Singapore’s NODX to push past official 2024 forecast, UOB
Base effects relied on for NODX recovery
Non-oil domestic exports rise 1.0% YoY in November
Enterprise Singapore attributed the increase to a low base a year ago.
Non-oil domestic exports contraction eases to 3.4% YoY in October
In September, NODX fell by 13.2% YoY.
Non-oil domestic exports drop 13.2% YoY in September
The drop in electronics and non-electronic exports drove the overall decline.
Exports drop 20.2% in July
Electronic and non-electronic domestic exports also dropped.
NODX records worse contraction in almost a decade
This is the eighth straight month of contraction.
Singapore’s total merchandise trade down 7.8% in Q1
EnterpriseSingapore foresees that exports will decline 10% to 8%.
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
Non-oil domestic exports drop 9.8% YoY in April
A 20.9% drop in exports to China drove the overall decline.
SG likely to see ‘worst export performance’ since 2019
Experts expect full-year NODX to drop by 4% to 7% in 2023.
Non-oil domestic exports fall 15.6% YoY in February
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Weak demand from major export destinations hits NODX momentum: UOB
Non-oil domestic exports (NODX) declined 25% in January 2023.
Worse may be over for exports: RHB
Exports slightly improved in January but it will decline in the first half of 2023.
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