(May 24 10:46) Sbr.com.sg
Submitted By:
Danielle Isaac
Case Study:
No
Huge declines in electronics were offset by gains in non-electronic products.
Singapore's non-oil domestic exports (NODX) rose 1.1% YoY in the first quarter of 2018, easing from the 10.4% jump last quarter, due to declines in electronics (-7.9%) offset by increased shipments of non-electronic products (+4.5%).
According to Enterprise Singapore, the declines in electronics were caused by exports of integrated circuits (IC), parts of personal computers (PC), and diodes & transistor, which fell 9.8%, 43.9%, and 16.8% respectively.
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