Chart of the Day: Singapore NODX dipped 1% in April

After shrinking 4.8% in March.

According to IE Singapoire, on a y-o-y basis, NODX declined by 1.0 per cent in April 2013, following the 4.8 per cent contraction in the previous month, due to a decrease in electronic domestic exports which outweighed the rise in non-electronic domestic exports.

On a y-o-y basis, electronic NODX contracted by 9.0 per cent in April 2013, after the 17.9 per cent decline in the previous month. The decrease in electronic domestic exports was largely due parts of PCs (-37.5 per cent), ICs (~11.7 per cent) and disk media products (-35.5 per cent).

On a y-o-y basis, non-electronic NODX expanded by 3.3 per cent in April 2013, following the 2.3 per cent increase in the previous month. The rise in non-electronic NODX was led by printed matter (+130.8 per cent), petrochemicals (+19.3 per cent) and aircraft parts (+28.0 per cent).