Singapore Exports Decline Slows In November

Singapore's non-oil domestic exports declined at a slower rate in November, data from Enterprise Singapore showed on Tuesday.


Non-oil domestic exports decreased 5.9 percent year-on-year in November, following a 12.5 percent decline in October. Economists had expected a 6.4 percent drop.


Electronic NODX declined sharply by 23.3 percent, while non-electronic NODX rose 1.3 percent.


On a monthly basis, NODX increased 5.8 percent in November, after a 3.1 percent fall in the previous month.


NODX to the majority of the top market decreased in November, except the US, Thailand and Indonesia. The largest contributors to the annual decline were from Hong Kong, EU 28 and China.




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