Singapore's non-oil domestic exports fall 4.3% in March

TUESDAY, APRIL 17, 2012
Singapore's non-oil domestic exports fall 4.3% in March

Singapore's non-oil domestic exports (NODX) decreased by 4.3 per cent year-on-year in March 2012, in contrast to the 30 per cent rise in February, said International Enterprise (IE) Singapore in a statement on Tuesday.

This is due to a decline in non-electronic NODX, which outweighed the expansion in electronic NODX.

On a year-on-year basis, non-oil re-exports (NORX) contracted by one per cent in March 2012, compared to the 18 per cent expansion in the previous month.

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