Published:
Singapore NODX down 1.1% in September
Blame the lower electronics NODX.
Singapore's non-domestic oil exports (NODX) dipped by 1.1% in September 2017, following the 16.7% growth in August.
According to International Enterprise Singapore (IE Singapore), this was caused by a fall in the electronic NODX which outweighed the increase in non-electronic exports.
On a seasonally adjusted basis, the NODX level fell from $14.7b in August to $13.1b in September. It remained the same compared to last year's amount, though.
Non-oil retained imports of intermediate goods (NORI) rose from $4.6b in August to $6.4b in September.
Meanwhile, total trade grew by 6.2% during the month.
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