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NODX (non-oil domestic exports)
Singapore economy
Singapore’s NODX declines by 4.6% in October due to drop in non-electronics
Total trade fell by 2% y-o-y and 1.8% m-o-m to $102.2 billion in October.
10 days ago
Singapore economy
Analysts mostly keep NODX forecast after May numbers
Singapore’s NODX dipped by 0.1% in May, marking the mildest decline in 20 months.
June 19, 2024
Singapore economy
Singapore’s NODX dips by 0.1% in May as pace of decline eases for non-electronics
The decline was the mildest in 20 months according to Enterprise Singapore.
June 18, 2024
Singapore economy
Analysts note ‘muted’ 1Q2024 NODX as February’s numbers disappoint
Analysts from OCBC, UOB and Maybank are keeping their FY2024 NODX estimates unchanged.
March 18, 2024
Singapore economy
Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea
The decline eased from September’s 13.2% contraction as both electronics and non-electronics fell less sharply from a low base.
November 17, 2023
Singapore economy
Analysts expect full-year NODX to contract beyond the official -10% threshold after August’s 20.1% decline
OCBC is expecting Singapore's 2023 NODX to contact by "at least" 11% while UOB has lowered its estimates to -15%.
September 18, 2023
Singapore economy
Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China (update)
Total trade fell by 20.8% y-o-y in July as both exports and imports decreased.
August 17, 2023
Global Economy
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May 19, 2023
Singapore economy
Singapore’s February NODX falls by 15.6%; NODX to top 10 markets drop on a y-o-y basis
On a m-o-m seasonally adjusted basis, NODX fell by 8.0% to $13.3 billion.
March 17, 2023
Singapore economy
Economists keep NODX forecast for 2022 despite seeing slowdown in NODX growth in the 2H2022
Singapore's NODX expansion in July stood above market expectations.
August 19, 2022