(August 17 10:25) Sbr.com.sg
Submitted By:
Danielle Isaac
Case Study:
No
The growth in non-electronics offset the decline in electronics.
Singapore’s non-oil domestic exports (NODX) in July 2018 grew by 11.8% following the 0.8% rise in June, Enterprise Singapore (ESG) revealed. Non-electronic exports continued to grow, whilst electronics declined.
On a seasonally adjusted basis, NODX reached $15.7b in July, higher than the $15b last month. Singapore’s total trade jumped by 17.6% thanks to higher exports (+13.7%) and imports (+22.1%).
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