NODX
Analysts see H2 rebound for non-oil domestic exports
                                                                                 
                    
                    Sector to benefit from a more favourable global backdrop.
                
                                
            Analysts see H2 rebound for non-oil domestic exports
                                                                                                                 
                            
                            Sector to benefit from a more favourable global backdrop.
                        
                                                
                        
    
                    Meaningful H2 recovery underway for Singapore’s NODX: experts
                                                                                                 
                        
                        NODX fell 0.1% YoY in May.
                    
                                        
                    
                Non-oil domestic exports slip 0.1% YoY in May
                                                                                                 
                        
                        A 6.0% YoY drop in non-electronic products drove the decline.
                    
                                        
                    
                Singapore’s NODX to push past official 2024 forecast, UOB
                                                                                                 
                        
                        Base effects relied on for NODX recovery
                    
                                        
                    
                Electronics cycle shows tentative signs of bottoming – expert
                                                                                                 
                        
                        In September, electronics NODX saw a narrower contraction of 11.6 YoY.
                    
                                        
                    
                Non-oil domestic exports drop 13.2% YoY in September
                                                                                                 
                        
                        The drop in electronics and non-electronic exports drove the overall decline.
                    
                                        
                    
                NODX records worse contraction in almost a decade
                                                                                                 
                        
                        This is the eighth straight month of contraction.
                    
                                        
                    
                Shipments to China may improve but later than expected: analyst
                                                                                                 
                        
                        CGS-CIMB said the improvement may come in the second quarter.
                    
                                        
                    
                Non-oil domestic exports fall 20.6% YoY in December
                                                                                                 
                        
                        Decreases in both electronics and non-electronics exports drove the decline in NODX.
                    
                                        
                    
                Exports may shrink anew in November as economy outlook dims: analyst
                                                                                                 
                        
                        It contracted by 5.6% in October 2022 due to decline in electronics shipments.
                    
                                        
                    
                Exports post slower growth in July due to low demand in China
                                                                                                 
                        
                        It rose to 7.0% in July from 8.5% in June. 
                    
                                        
                    
                Gov’t edges up expected growth for exports, merchandise trade
                                                                                                 
                        
                        This is whilst rising oil prices and high global semiconductor demand continue.
                    
                                        
                    
                Total merchandise trade up 28.1% in Q2 22
                                                                                                 
                        
                        This followed the 20.8% growth in the previous quarter.
                    
                                        
                    
                Chart of the day: Singapore Q1 trade forecast is ‘better-than-expected’
                                                                                                 
                        
                        Total merchandise trade grew by 20.8% in the first quarter of 2022.
                    
                                        
                    
                NODX grows 18.4% in December 2021
                                                                                                 
                        
                        The record surpassed Bloomberg's estimate of 13.5%.
                    
                                        
                    
                NODX further expands with 24.2% YoY growth in November
                                                                                                 
                        
                        Non-electronic products drove the increase for November.
                    
                                        
                    
                Singapore exports up 17.9% in October
                                                                                                 
                        
                        Re-exports also echoed this growth with a 17.8% growth.