non-oil domestic exports (NODX)

Non-oil domestic exports unlikely to grow in 2023: forecast

Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.

Non-oil domestic exports decline 5.6% YoY in October

Decreases in both electronics and non-electronics exports drove the decrease in NODX.

Exports momentum may be slow in Q4: analysts

This may be dragged by the softening demand in East Asia.

Exports growth slows to 3.1% in September

This is down from the 11.4% growth in August 2022. 

What will drag NODX momentum in the second half of 2022?

In H2, RHB expects NODX to grow only by 4.0% YoY.

Export growth accelerates to 11.4% in August

In July, non-oil domestic exports grew by 7.0% YoY.

Export growth moderates to 7.0% in July

In June, non-oil domestic exports grew by 8.5%.

Exports growth to slow in the second half of 2022: analysts

China's slowdown is amongst the factors dampening the global trade outlook.

China reopening only ‘temporary relief’ to trade 

Consumer spending in late 2022 will be impacted by price hikes.

Exports growth accelerates to 12.4% in May

This almost doubled April's exports growth of 6.4%.

Exports growth stymied by ongoing downside risks: UOB

Widespread lockdowns and the Russia-Ukraine war will impact Singapore’s trade exposure.

Exports rise by 7.7% in March 2022

Electronic and non-electronic exports also increased.

Singapore NODX up 18.4% in December 2021

NORX, meanwhile, was also up by 26% in the same month.