Singapore's non-oil domestic exports likely rose 10.5% on-year in December vs a 10% gain in November mainly on increased demand for electronics and pharmaceuticals, according to a median estimate of 10 economists polled by Dow Jones.

“We have seen a relatively strong momentum of exports across the (Asia) region. Also, recent positive macro-economic data from the U.S. suggest that exports would have picked up in Singapore,” says Nomura economist Euben Paracuelle. 

On-month, exports gained 7.0% seasonally-adjusted vs a 13% contraction in November, the poll shows. The data is due 0500 GMT Monday. But the polled economists showed huge variation in estimates, from a 14.9% on-year export expansion to a 9.9% contraction, while on a seasonally-adjusted basis, the estimates range from a 12% on-year expansion to an 11% contraction.