non-oil domestic exports (NODX)

Weak demand from major export destinations hits NODX momentum: UOB

Non-oil domestic exports (NODX) declined 25% in January 2023.

Weak demand from major export destinations hits NODX momentum: UOB

Non-oil domestic exports (NODX) declined 25% in January 2023.

Worse may be over for exports: RHB

Exports slightly improved in January but it will decline in the first half of 2023.

Exports decline 25% in January

Electronics and non-electronics decreased.

Non-oil domestic exports unlikely to grow in 2023: forecast

Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.

Non-oil domestic exports decline 5.6% YoY in October

Decreases in both electronics and non-electronics exports drove the decrease in NODX.

Exports momentum may be slow in Q4: analysts

This may be dragged by the softening demand in East Asia.

Exports growth slows to 3.1% in September

This is down from the 11.4% growth in August 2022. 

What will drag NODX momentum in the second half of 2022?

In H2, RHB expects NODX to grow only by 4.0% YoY.

Export growth accelerates to 11.4% in August

In July, non-oil domestic exports grew by 7.0% YoY.

Export growth moderates to 7.0% in July

In June, non-oil domestic exports grew by 8.5%.

Exports growth to slow in the second half of 2022: analysts

China's slowdown is amongst the factors dampening the global trade outlook.

China reopening only ‘temporary relief’ to trade 

Consumer spending in late 2022 will be impacted by price hikes.

Exports growth accelerates to 12.4% in May

This almost doubled April's exports growth of 6.4%.

Exports growth stymied by ongoing downside risks: UOB

Widespread lockdowns and the Russia-Ukraine war will impact Singapore’s trade exposure.