Home News Singapore economy

Singapore's NODX logs surprise 6.8% expansion in December

Amala Balakrishner
Amala Balakrishner1/18/2021 12:00 PM GMT+08  • 4 min read
Singapore's NODX logs surprise 6.8% expansion in December
December’s NODX “does paint an optimistic backdrop for 2021,” says UOB economist Barnabas Gan.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now