Singapore’s October exports surge 22.2%

Both electronics and non-electronics exports grew for the month.

Non-oil domestic exports (NODX) grew by 22.2% year-on-year in Singapore, boosted by volatile non-monetary gold and supported by electronic products, such as integrated circuits and personal computers, according to the latest government data.

This follows the 7% increase in September. Both electronics and non-electronics grew. NODX rose by 4.1% in the first ten months of 2025.

On a YoY basis, electronic NODX expanded by 33.2% in October 2025, extending the 30.4% rise in the previous month. ICs, PCs and disk media products expanded by 40.9%, 77.7% and 31.4% respectively, contributing the most to the expansion in electronic NODX.

Meanwhile, non-electronic NODX expanded by 18.8% YoY for the same month, following the 0.5% increase in the previous month. Non-monetary gold, specialised machinery and pharmaceuticals expanded by 176.8%, 16.1% and 25.2% respectively, contributing the most to the expansion in non-electronic NODX.

NODX to Taiwan, Thailand and Hong Kong expanded in October 2025, whilst NODX to the US and Japan declined.

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