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Singapore’s NODX up 6% in December

Singapore’s non-oil domestic exports (NODX) rose by 6.0 per cent in December 2013 from a year ago, due to an increase in shipments of non-electronic products which outweighed the decline in shipments of electronic products.

This is compared to the 8.9 per cent decrease in the previous month, according to trade promotion agency International Enterprise (IE) Singapore in a statement on Friday.

On a year-on-year basis, NODX to all of the top 10 NODX markets, except the EU 27, Japan, South Korea, Thailand and Hong Kong, expanded in December 2013.

The top three contributors to the NODX rise in December were China, the US and Taiwan.

Channel News Asia [1]

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Mingze Wu

Mingze Wu [6]

Currency Analyst at Market Pulse [7]
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu
Mingze Wu

+Mingze Wu [10]