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Financial News: Singapore Exports Fall Further In October

Singapore Exports Fall Further In October

11/18/2019 - 01:03:00 (RTTNews)

(RTTNews) - Singapore's non-oil domestic exports continued to decline in October, data from Enterprise Singapore showed on Monday.

Non-oil domestic exports decreased 12.3 percent year-on-year in October, following a 8.1 percent fall in September. Economists had expected a 10.0 percent drop.

Electronic NODX declined 16.4 percent, while non-electronic NODX fell by 11.0 percent.

On a monthly basis, NODX decreased 2.9 percent in October, following a 3.3 percent fall in the previous month.

NODX to the majority of the top market decreased in October, except Taiwan. The largest contributors to the annual decline were from Japan, EU 28 and the US.

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