non-oil domestic exports (NODX)
NODX decline may persist in 2Q before recovery in 2H, experts warn
RHB expects NODX to decline by around 1.5% YoY.
NODX contraction eases to 9.3% YoY in April
In March, NODX fell 20.8%.
Export decline not tied to global demand, says expert
Non-oil domestic exports fell 20.7% YoY in March.
Non-oil domestic exports fall 20.7% YoY in March
The decline in non-electronic NODX contributed largely to the drop.
Expert points to ‘payback effect’ as cause of weaker NODX in February
In February, NODX slipped by 0.1% YoY.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
Non-oil domestic exports slip by 0.1% YoY in February
Month-on-month, NODX declined by 4.8%.
Non-oil domestic exports grow 16.8% YoY in January
Both electronics and non-electronics NODX rose last month.
Gov’t upgrades 2024 NODX forecast to 4.0%-6.0%
In 2023, NODX fell 13.1% YoY.
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Singapore’s non-oil domestic exports face bumpy recovery in H1: experts
Outlook for the second half looks rosy.
Non-oil domestic exports drop 1.5% YoY in December
Enterprise Singapore attributed the decline to a drop in electronics NODX.
Singapore’s NODX to push past official 2024 forecast, UOB
Base effects relied on for NODX recovery
Non-oil domestic exports rise 1.0% YoY in November
Enterprise Singapore attributed the increase to a low base a year ago.
Non-oil domestic exports contraction eases to 3.4% YoY in October
In September, NODX fell by 13.2% YoY.
Non-oil domestic exports drop 13.2% YoY in September
The drop in electronics and non-electronic exports drove the overall decline.
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