Non-oil domestic exports up 3.2%

In May 2012, NODX rose due to an increase in both electronic and non-electronic domestic exports.

International Enterprise Singapore reported:

On a y-o-y basis, NODX rose by 3.2 per cent in May 2012, following the 1.7 per cent growth in the previous month, due to an increase in both electronic and non-electronic domestic exports.

Electronic products. On a y-o-y basis, electronic NODX grew by 3.9 per cent in May 2012, after the 1.0 per cent expansion in the previous month. The increase in electronic domestic exports was largely due to higher exports of ICs (+7.2 per cent), telecommunications equipment (+99 per cent), and capacitors (+136 per cent).

Non-electronic products. On a y-o-y basis, non-electronic NODX expanded by 2.8 per cent in May 2012, following the 2.1 per cent increase in the previous month. The rise in non-electronic NODX was due to higher exports of petrochemicals (+6.8 per cent), civil engineering equipment parts (+31 per cent) and aromatic chemicals (+47 per cent).

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