Singapore exports shrink 9.7% in Feb

Romesh Navaratnarajah18 Mar 2015

Singapore economy

Singapore’s non-oil domestic exports (NODX) dropped 9.7 percent in February 2015, compared to the 4.3 percent on-year growth during the previous month, according to International Enterprise (IE) Singapore.

A decline was also recorded among the top 10 global NODX markets, except South Korea, the US, Thailand and Malaysia.

On the other hand, non-oil re-exports (NORX) here rose by 0.9 percent in February due to the expansion in electronic exports.

To read the full statement, go to: http://bit.ly/18ZsYrT

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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