Singapore's key exports fall 2.1% in January after two months of expansion

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Singapore's key exports fall 2.1% in January after two months of expansion - Channel News Asia

Quick Summary:

SINGAPORE: Singapore's non-oil domestic exports (NODX) fell by 2.1 per cent in January, reversing the 9 per cent expansion that was seen in December last year. Electronics grew, while non-electronics saw a decline, according to data released by Enterprise Singapore on Monday (Feb 17).

The biggest declines were in pharmaceuticals, specialised machinery and miscellaneous manufactured articles, which fell by 53 per cent, 9.9 per cent and 20 per cent respectively.

Integrated circuits, PCs and disk media products contributed the most to the increase, growing by 14.6 per cent, 66.7 per cent and 31.5 per cent respectively.