Singapore's Non-Oil Domestic Exports Expand 15.3% in March

MT Newswires04-17

Singapore's non-oil domestic exports jumped 15.3% year over year in March, following a 4% increase in the previous month, according to data released by Enterprise Singapore on Friday.

Electronic NODX expanded by 74%, while non-electronics fell by 0.6% on year during the month.

Non-oil re-exports surged by 61.4% year over year in March, extending a 21.9% expansion in the previous month.

Total merchandise trade increased by 38.5% year over year in March, after a 13.6% expansion in the previous month.

Total exports were up 41.2% in March, accelerating from the 13.6% rise in the previous month. Total imports, meanwhile, rose by 35.5% compared with 16.5% the previous month.

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