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non-oil domestic re-exports (NORX)
Singapore economy
Singapore's NODX expands by 9.5% in February, easing from January's growth
NODX to the top 10 markets rose on the whole in February, with the largest contributors being the EU 27, China and Malaysia.
March 17, 2022
Singapore economy
Singapore's NODX up 17.6% in January; expands 12.1% in 2021
ESG has kept its estimate for both total merchandise trade and NODX at 0.0% to +2.0% for 2022.
February 17, 2022
Singapore economy
Singapore's NODX expands by 18.4% in Dec; economists say momentum could slow down going forward
UOB economist Barnabas Gan observes that Singapore’s export and manufacturing sectors remained largely buoyant in 2021
January 17, 2022
Singapore economy
NODX up by 9.0% in 3Q2021; ESG ups 2021 NODX forecast to 9.5 to 10%
Total merchandise trade is expected to range from 17.0% to 17.5%, while NODX is estimated to stand between 9.5% to 10.0% in 2021.
November 24, 2021
Singapore economy
Singapore's NODX expands by 17.9% in October, thanks to growth in electronics and non-electronics
On a seasonally adjusted month-on-month (m-o-m) basis, NODX rose by 4.2% in October to $16.4 billion.
November 17, 2021
Singapore economy
Singapore's NODX grows 12.3% in September, beating expectations
This marks the tenth consecutive month of NODX expansion.
October 18, 2021
Singapore economy
NODX expands 2.7% in August, as low base effect tapers off
Electronic NODX grew during the month, while non-electronic NODX declined.
September 17, 2021
Singapore economy
Singapore's NODX expands by 17.2% in July owing to growth in non-electronics and electronics
July's expansion marks the eighth consecutive month of growth.
August 17, 2021
Singapore economy
ESG adjusts 2021 NODX estimates upwards to 7.0% to 8.0% on better-than-expected growth in 2Q
According to ESG, the outlook for global economic activity remains positive despite the risks and uncertainties that still remain.
August 11, 2021
Singapore economy
Singapore's NODX expands 15.9% in June on low base; growth mainly due to non-electronics
Total trade in June grew by 25.0% y-o-y, extending the 30.9% y-o-y expansion seen in May.
July 16, 2021