foreign wholesale trade

On a q-o-q basis, domestic and foreign wholesale sales declined by 11.8% and 4.2%.

Excluding petroleum, domestic wholesale sales grew by 11.9% y-o-y.

The higher trade figures were mainly attributed to the ship chandlers & bunkering and petroleum & petroleum products industries.

The y-o-y growth is largely due to the low base in 2Q20 when most major economies were under lockdown due to Covid-19.

Singapore’s domestic wholesale sales plunged 27.2% y-o-y in the last quarter of 2020

Domestic wholesale sales plunged 36.4% in 3Q2020 improving from the 40.6% decline seen in 2Q2020.

Singapore’s domestic wholesale sales plunged 40.6% year-on-year in 2Q2020 ended June, following lower petroleum sales

SINGAPORE (Aug 19): Domestic and foreign wholesale trade has fallen 20.5% and 16.6% in 2QFY2016, compared with 2QFY2015, according to figures from the Singapore Department of Statistics.

SINGAPORE (May 20): Singapore’s domestic wholesale trade shrank in 1Q this year by 22.6% from a year ago, partly as a result of lower weaker prices of petroleum and chemical products, according to data released by the Singapore Department of Statistics