Singapore's non-oil domestic exports growth narrows to 2.7 pct in August

2021-10-28 03:36:10 GMT2021-10-28 11:36:10(Beijing Time) Xinhua English
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SINGAPORE, Sept. 17 (Xinhua) -- Singapore's non-oil domestic exports (NODX) grew at a slower pace in August, as the year-on-year growth narrowed from 12.7 percent in July to 2.7 percent, Enterprise Singapore, a government agency, announced on Friday.

The electronic NODX expanded by 16.7 percent year on year in August, extending the 15 percent increase in the previous month. The non-electronic NODX declined by 1.4 percent in August, a reversal from the 12 percent rise in July.

On a month-on-month seasonally adjusted basis, Singapore's NODX decreased by 3.6 percent in August to 15.5 billion Singapore dollars (about 11.52 billion U.S. dollars), after a 0.9 percent-decrease in the previous month.

Singapore's non-oil re-exports (NORX) grew by 19 percent year on year in August, following the 13.9-percent rise in July. Both electronic and non-electronic NORX grew. Enditem