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Singapore's NODX grows 12.3% in September, beating expectations

Atiqah Mokhtar
Atiqah Mokhtar10/18/2021 8:52 AM GMT+08  • 4 min read
Singapore's NODX grows 12.3% in September, beating expectations
This marks the tenth consecutive month of NODX expansion.
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Singapore’s non-oil domestic exports (NODX) expanded by 12.3% y-o-y in September, extending the 2.7% y-o-y growth in August and beating the 8.4% penciled by private-sector economists in a Bloomberg poll.

This marks the tenth consecutive month of NODX expansion.

According to official data released on Oct 18 by trade agency Enterprise Singapore (ESG), the higher growth was underpinned by expansion in both electronics and non-electronics sectors.

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