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Recovery in electronics exports pushes Singapore's NODX up by 7.7% in August

Amala Balakrishner
Amala Balakrishner9/17/2020 9:1 AM GMT+08  • 4 min read
Recovery in electronics exports pushes Singapore's NODX up by 7.7% in August
Things are looking up for Singapore’s trade sector, with NODX expanding 7.7% in August 2020.
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Things are looking up for Singapore’s trade sector, with non-oil domestic exports (NODX) expanding in August 2020 for the third consecutive month.

Official figures released by trade agency Enterprise Singapore (ESG) on September 17 indicated a 7.7% year-on-year expansion in August, widening from the 5.9% growth logged in July.

August’s showing is ahead of the 3.3% expansion forecast by private-sector analysts in a Bloomberg poll.

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