Welcome!
Non-oil domestic exports (NODX)
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
Singapore’s NODX declined by 8.7% in June; drop mainly due to non-electronics
NODX to the top markets fell in June with the largest contributors being NODX to the US, Hong Kong and China.
July 17, 2024
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 2023 NODX on track to see worst performance since 2001
Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.
December 18, 2023
Singapore economy
Singapore's NODX swing to growth first time in 14 months
Official data Monday showed non-oil domestic exports grew 1% in November, slower than the median expectation for a 1.5% gain.
December 18, 2023
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 mixed on September’s NODX numbers
In September, NODX declined by 13.2% y-o-y, which stood better than the Bloomberg consensus forecast of -15%.
October 19, 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