Spike in Singapore's non-oil exports in May

Singapore's non-oil domestic exports (Nodx) expanded by 15.5 percent in May. This extended the 11.8 percent growth last month.

The growth was spurred by an increase in non-electronic exports which outweighed the decline in electronics, according to a press release by Enterprise Singapore on Monday, June 18.

Photo: Connected to India
Photo: Connected to India

Non-oil exports to the country's top markets grew as a whole in May 2018, led bythe European Union, the United States and Japan.

At the same time, non-oil re-exports also increased by 4 percent in May, after a 8.2 percent increase in April. Both electronic and non-electronic re-exports rose. 

Total trade rose over the year in May, supported by both export and import growth.

CtoI News Desk
CtoI News Desk – CtoI

Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to India covers developments around Indians abroad, informing, engaging and entertaining its audiences.


How do you spend your time during Covid19 stay at home?

  • Watching movies and shows on Netflix, Aamazon Prime etc.
  • Physical activity, exercise, yoga, HIIT etc
  • Playing online games, PS4, X-box.
  • Reading books.
  • Making a list things you will do once this is over
Write your story

Contribute an Article

Learn more