Singapore's key exports fall by 15.5% in ninth consecutive month of contraction

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SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the ninth consecutive month in June, falling by 15.5 per cent, with both electronics and non-electronics seeing a decline. The drop follows a

According to data released by Enterprise Singapore on Monday , electronic product exports contracted by 15.9 per cent in June, following a 27.2 per cent decline in the previous month.

Non-electronic exports also declined by 15.4 per cent in June, following a 10.7 per cent drop in May. "NODX to the top markets as a whole declined in June 2023, though NODX to Hong Kong and China rose," said EnterpriseSG.

Source: Tech Daily Report (techdailyreport.net)

 

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