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Home / News / Singapore Economy

Singapore's NODX logs surprise 6.8% expansion in December

Singapore economy

Singapore's NODX logs surprise 6.8% expansion in December

Amala Balakrishner Published on Mon, Jan 18, 2021 / 12:00 PM GMT+8

Singapore’s non-oil domestic exports (NODX) ended the year with a surprise increase in December that broke a two-month slowdown.

Official figures released by trade agency Enterprise Singapore (ESG) on Jan 18 showed a 6.8% y-o-y expansion in NODX thanks to a growth in both electronics and non-electronics shipments.

This is a significant improvement from 5.0% contraction registered in the previous month.