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Singapore's non-oil domestic exports down 2.6 pct in November

Source: Xinhua| 2018-12-17 10:40:14|Editor: mmm
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SINGAPORE, Dec. 17 (Xinhua) -- Singapore's total non-oil domestic exports (NODX) declined by 2.6 percent in November from the high base a year ago, after the recalculated 8.2 percent year-on-year growth in October, according to a media release issued by government agency Enterprise Singapore on Monday.

On a month-on-month seasonally adjusted basis, the NODX decreased by 4.2 percent in November to 14.9 billion Singapore dollars (about 10.83 billion U.S. dollars), due to the decline in non-electronic NODX which outweighed the rise in electronics.

In a breakdown of Singapore's total NODX, Singapore's electronic exports grew by 4.5 percent year on year in November, after the 3.6 percent decrease in the previous month. Meanwhile, Singapore's non-electronic exports declined by 5.2 percent year on year, after the 12.7 percent increase in October.

Among Singapore's top 10 NODX markets, six markets saw Singapore's NODX to them decreased in November.

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