WORLD Singapore's year-on-year NODX declines 14.6 pct in November

WORLD

Singapore's year-on-year NODX declines 14.6 pct in November

Xinhua

12:54, December 16, 2022

SINGAPORE, Dec. 16 (Xinhua) -- Singapore's non-oil domestic exports (NODX) declined by 14.6 percent in November from a high base a year ago, following the 6.1 percent decline in October, Enterprise Singapore, a government agency, announced on Friday.

Photo taken on Aug. 10, 2022 shows the city skyline in Singapore. (Photo: Xinhua)

In a breakdown, the electronic NODX contracted by 20.2 percent year on year in November, following the 9.3 percent decrease in the previous month. The non-electronic NODX declined by 12.8 percent year on year in November, compared to the 5.1 percent decrease in the previous month.

On a month-on-month seasonally adjusted basis, Singapore's NODX decreased by 9.2 percent in November to 14.3 billion Singapore dollars (about 10.54 billion U.S. dollars), after the previous month's 4.2 percent fall.

Singapore's non-oil re-exports (NORX) contracted by 4 percent year on year this November, after the 6.2 percent growth in the previous month. Electronic NORX declined while non-electronic NORX grew in November.

Singapore's oil domestic exports grew by 9.9 percent year on year in November, easing from the 33.1 percent growth in October.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue