SINGAPORE NON-OIL EXPORTS MISS EXPECTATIONS FOR FEBRUARY 2025

SINGAPORE NON-OIL EXPORTS MISS EXPECTATIONS FOR FEBRUARY 2025
SINGAPORE NON-OIL EXPORTS MISS EXPECTATIONS FOR FEBRUARY 2025

SINGAPORE NON-OIL EXPORTS MISS EXPECTATIONS FOR FEBRUARY 2025

Singapore's Non-Oil Exports (NODX) grew by 7.60% YoY in February 2025, missing the expected 8.70% growth.

This marks a recovery from the prior -2.10% decline.

Growth was seen in both electronics and non-electronics exports.

Exports to the U.S., Taiwan, South Korea, Malaysia, and the EU saw annual increases.

Exports to China, Hong Kong, and Indonesia declined YoY.