, Singapore

Electronic parts, anyone?

Domestic exports of electronics fell 17% in the third quarter.

International Enterprise (IE) Singapore reported:

Electronic products
On a y-o-y basis, domestic exports of electronics (comprising 32 per cent of NODX) contracted by 17 per cent in 3Q 2011, following the decline of 14 per cent in the previous quarter. The decrease in electronic NODX can be attributed to lower domestic exports of parts of ICs (-41 per cent), ICs (-9.6 per cent) and disk drives (-50 per cent).

Non-electronic products
On a y-o-y basis, domestic exports of non-electronics (comprising 68 per cent of NODX) increased by 8.3 per cent in 3Q 2011, after a growth of 12 per cent in the preceding quarter. The rise in non-electronic NODX was led by higher domestic exports of ships & boats (+394 per cent), pharmaceuticals (+13 per cent) and disk media products (+29 per cent).

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