Key export growth eases to 20.7% in June despite electronics surge

Non-electronic NODX fell 2.9%, reversing a 17.7% expansion in May.

Singapore’s key non-oil domestic exports (NODX) rose 20.7% year-on-year (YoY) in June, easing from the 38.4% growth in May, according to Enterprise Singapore data on 17 July.

The increase was attributed to strong electronics shipments, which offset a decline in non-electronic products.

Electronic NODX surged 105.1%, accelerating from a 94.8% rise in the past month, supported by demand linked to artificial intelligence.

Non-electronic exports fell 2.9%, reversing the previous month’s 17.7% growth.

The increase in electronics exports was led by integrated circuits, which rose 115.4% and contributed $1.9b to the YoY increase.

Exports of disk media products climbed 170.9%, adding $800m, whilst personal computer shipments grew 95.8%, contributing $500m.

The drop in non-electronic exports was mainly due to non-monetary gold, which fell 49% from a high base a year earlier, reducing exports by $900m.

A 27.9% decline followed this in petrochemical exports, whilst food preparations decreased 38.6%. Specialised machinery exports, however, increased by $700m.

Key exports grew 18.6% in the first six months of 2026.

Shipments to all of Singapore’s 10 largest markets increased in June, led by Taiwan, the US, and South Korea.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia