Singapore’s non-oil domestic exports increased unexpectedly in April, data from Enterprise Singapore showed on Monday.
Non-oil domestic exports increased 9.7 percent year-on-year in April,
confounding expectations for a decline of 5 percent. Nonetheless, the
pace of growth eased from 17.6 percent logged in March.
Electronic NODX fell by 0.6 percent, while non-electronic NODX gained
12.8 percent.
On a monthly basis, NODX declined 5.8 percent in April, after a 12.8 percent rise in the previous month.
NODX to the top [markets][1] grew in April, though exports to China, Hong Kong, Malaysia, Indonesia and Thailand declined. The largest contributors to the growth were the US, the EU 27 and Japan, data showed.
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