Domestic Exports of Non Oil (NODX) in Singapore rose 8.6 percent from a year earlier in January of 2017, slowing from a downwardly revised 9.1 percent growth in December but beating market expectations of a 7.0 percent rise. It was the 3rd straight month of growth but the weakest since November 2016, as sales of non-electronic moderated (9.9 percent from 10.7 percent in the prior month, led by specialised machinery and petrochemicals) while those of electronic rose at a faster pace (6.1 percent from 5.7 percent, largely supported by ICs and parts of PCs). NODX to China jumped 36.9 percent, followed by those to Taiwan (75.3 percent) and South Korea (51.5 percent). Sales also rose to Japan (6.5 percent) and the US (0.3 percent). In contrast, NODX fell to the EU countries (25.2 percent). On a month-on-month basis, NODX unexpectedly went up 5.0 percent, following a downwardly revised 2.4 percent drop in the prior month while markets estimated a 0.7 percent decline. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 8.73 percent from 1981 until 2017, reaching an all time high of 63.78 percent in February of 1988 and a record low of -34.86 percent in January of 2009.
This page includes a chart with historical data for Singapore Domestic Exports of Non Oil (nodx) (%yoy). Singapore Domestic Exports of Non Oil (nodx) (%yoy) – actual data, historical chart and calendar of releases – was last updated on February of 2017.
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