Singapore's non-oil domestic exports (NODX) grew by 2.7 percent year-on-year in August of 2021, sharply slowing from a 12.7 percent surge in the previous month, and far below market consensus of a 8.3 percent rise. It was the ninth straight month of increase in NODX, but the weakest pace in sequence, due to a fall in sales of non-electronic products (-1.4% vs 12.0% in July), of which pharmaceuticals (-12.4%), food and preparations (-27.1%) and non-monetary gold (-66.4%). Meanwhile, sales of electronic products continued to increase (16.7% vs 15.0%), including ICs (20.2%), parts of ICs (116.6) and diodes & transistors (35.5%). Among trading partners, exports advanced to Japan (13.9%), the US (7.6%),South Korea (18.7%), Taiwan (50.6%), Indonesia (17.2%), Thailand (24.2%), Malaysia (17.9%), Hong Kong (22.8%), while plunged to China (-17.5%), and the EU (-20.0%). source: Statistics Singapore

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 9.73 percent from 1977 until 2020, reaching an all time high of 70 percent in February of 1980 and a record low of -34.90 percent in January of 2009. This page includes a chart with historical data for Singapore Domestic Exports of Non Oil (nodx) (%yoy). Singapore Non-oil Domestic Exports (NODX) YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Non-oil Domestic Exports (NODX) YoY is projected to trend around 7.79 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Singapore Non-oil Domestic Exports (NODX) YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.70 12.70 70.00 -34.90 1977 - 2021 percent Monthly
Not Seasonally Adjusted


Calendar GMT Actual Previous Consensus TEForecast
2021-06-17 12:30 AM May 8.8% 6% 16%
2021-07-16 12:30 AM Jun 15.9% 8.6% 9.7%
2021-08-17 12:30 AM Jul 12.7% 15.9% 12%
2021-09-17 12:30 AM Aug 2.7% 12.7% 8.3%
2021-10-16 12:30 AM Sep 2.7%
2021-11-17 12:30 AM Oct
2021-12-17 12:30 AM Nov


News Stream
Singapore Exports Rise Less than Expected
Singapore's non-oil domestic exports (NODX) grew by 2.7 percent year-on-year in August of 2021, sharply slowing from a 12.7 percent surge in the previous month, and far below market consensus of a 8.3 percent rise. It was the ninth straight month of increase in NODX, but the weakest pace in sequence, due to a fall in sales of non-electronic products (-1.4% vs 12.0% in July), of which pharmaceuticals (-12.4%), food and preparations (-27.1%) and non-monetary gold (-66.4%). Meanwhile, sales of electronic products continued to increase (16.7% vs 15.0%), including ICs (20.2%), parts of ICs (116.6) and diodes & transistors (35.5%). Among trading partners, exports advanced to Japan (13.9%), the US (7.6%),South Korea (18.7%), Taiwan (50.6%), Indonesia (17.2%), Thailand (24.2%), Malaysia (17.9%), Hong Kong (22.8%), while plunged to China (-17.5%), and the EU (-20.0%).
2021-09-17
Singapore Non-Oil Exports Growth Eases in July
Singapore's non-oil domestic exports (NODX) increased by 12.7 percent year-on-year in July of 2021, slowing from a 15.9 percent jump in the previous month, but beating market consensus of a 12.0 percent rise, due to a softer rise in sales of both electronic and non-electronic products. Sales of non-electronic products rose less (12.1% vs 13.2% in June), of which pharmaceuticals (48.3%), petrochemicals (49.4%) and specialised machinery (56.8%). Also, sales of electronic products increased softer (15.0% vs 25.5%), including PCs (83.2%), ICs (11.1%) and diodes & transistors (29.7%). Among trading partners, exports grew to Japan (22.5%), South Korea (5.7%), Taiwan (37.0%), China (58.5%), Indonesia (14.3%), Thailand (30.4%), Malaysia (3.2%), Hong Kong (1.2%) and the EU (61.5%). By contrast, sales plunged to the US (-50.7%).
2021-08-17
Singapore Exports Rise the Most in 15 Months
Singapore's non-oil domestic exports (NODX) surged by 15.9 percent year-on-year in June of 2021, accelerating sharply from a downwardly revised 8.6 percent gain in the previous month, and beating market consensus of a 9.7 percent rise. It was the seventh straight month of increase in NODX and the steepest pace since March 2020, due to a faster rise in sales of both electronic and non-electronic products. Sales of non-electronic products rose more (13.2% vs 7.9% in May), of which petrochemicals (51.2%), specialised machinery (43.2%). Also, sales of electronic products increased faster (25.5% vs 11.0%), including PCs (130.2%), ICs (14.9%) and diodes & transistors (32.2%). Among trading partners, exports grew to South Korea (40.9%), Taiwan (41.4%), China (27.6%), Indonesia (28.8%), Thailand (41.5%), Hong Kong 47.7%) and the EU (36.7%). By contrast, sales dropped to the US (-10.5%), Japan (-22.6%) and Malaysia (-5.8%).
2021-07-16
Singapore NODX Rises Less than Expected
Singapore's non-oil domestic exports (NODX) rose by 8.8 percent year-on-year in May of 2021, accelerating from a 6 percent gain in the previous month, but missing market consensus of a 16 percent jump. It was the sixth yearly increase in NODX, due to an increase in sales of both electronic and non-electronic products. Sales of non-electronic products rose faster (8.1% vs 4.7% in April), of which petrochemicals (55.7%), specialised machinery (58.0%), primary chemicals (96.8 percent). Also, sales of electronic products increased more (11.0% vs 10.9%), including telecommunication equipment (52.3%), ICs (5.8%) and diodes & transistors (53.9%). Among trading partners, exports grew to South Korea (20.8%), Taiwan (28.8%), China (36.9%), Malaysia (27.1%), Indonesia (42.4%), Thailand (24.3%), and Hong Kong 30.2%). By contrast, sales dropped to the US (-34.8%), Japan (-23.4%) and the EU (-1.2%).
2021-06-17

Singapore Non-oil Domestic Exports (NODX) YoY
In Singapore, Non-oil Domestic Exports (NODX) can be divided in Electronic Products, such as ICs, Disk Media Products, PCs, Parts of PCs, and Diodes & Transistors; and Non-Electronic Products, particularly chemicals, such as petrochemicals and pharmaceuticals.