SINGAPORE: Singapore's non-oil domestic exports (NODX) declined in January for the fourth straight month, mainly due to a fall in non-electronics exports. NODX fell by 25 per cent in January from a high base a year ago, following a
SINGAPORE: Singapore's non-oil domestic exports declined in January for the fourth straight month, mainly due to a fall in non-electronics exports.20.6 per cent decline in DecemberAccording to data released by Enterprise Singapore on Friday , non-electronic products contracted by 24.5 per cent, extending the 21.3 per cent decrease in the previous month.
Exports to Hong Kong saw the biggest decline - 55.1 per cent, extending the previous month's 34.6 per cent. This was due to ICs, disk media products and specialised machinery. Meanwhile, exports to the EU went up by 21.4 per cent, while those to Japan saw a 1.4 per cent increase.
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