Singapore's key exports fall by 20.2%; 10th consecutive month of decline

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SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the 10th consecutive month in July, falling by 20.2 per cent, with both electronics and non-electronics seeing a decline. The drop follows a

According to data released by Enterprise Singapore on Thursday , electronic product exports contracted by 26.1 per cent in July, following a 16 per cent decline in the previous month.

Non-electronic exports also declined by 18.5 per cent in July, following a 15.6 per cent drop in June. "NODX to the top markets as a whole declined in July 2023, though NODX to the United States rose," said EnterpriseSG.

Source: Tech Daily Report (techdailyreport.net)

 

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