Singapore exports fell 8.8% in November

Singapore's non-oil domestic exports (Nodx) fell 8.8 per cent in November, due to declines in both electronic and non-electronic exports. -- FILE PHOTO: AFP
Singapore's non-oil domestic exports (Nodx) fell 8.8 per cent in November, due to declines in both electronic and non-electronic exports. -- FILE PHOTO: AFP

Singapore's non-oil domestic exports (Nodx) fell 8.8 per cent in November, due to declines in both electronic and non-electronic exports.

This follows a 2.8 per cent expansion in the previous month, according to statistics released on Tuesday by trade agency IE Singapore.

Electronic Nodx fell 8.9 per cent in November compared with the same month last year, due to fewer exports of disk media products, parts of PCs, and integrated circuits.

Non-electronic Nodx dropped 8.8 per cent, on the back of declines in exports of pharmaceuticals, structures of ships and boats, and non-monetary gold.

Meanwhile, non-oil re-exports (Norx) continued on an expansionary trend, rising 11.2 per cent in November after the previous month's 26.7 per cent growth.

It was boosted by both electronic and non-electronic Norx.