Singapore’s non-oil domestic exports (NODX) expanded by 17.2% in July, making this the eighth straight month of growth.
According to official data released on Aug 17 by trade agency Enterprise Singapore (ESG), July’s NODX was mainly due to growth in non-electronics; the electronics sector also logged growth for the month.
In July, electronic products increased by 15.0% y-o-y, mainly contributed by growth in personal computers (PCs), integrated circuits (ICs) and diodes & transistors which rose by 83.2%, 11.1% and 29.7% respectively.
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