SINGAPORE: Singapore’s non-oil domestic exports (NODX) grew for a fifth straight month in March, posting a 16.5 per cent year-on-year jump.
This came after a growth of 21.1 per cent in February, 8.6 per cent in January, 9.1 per cent in December and 15.6 per cent in November, according to trade promotion agency International Enterprise Singapore. But month on month the NODX slipped by a seasonally-adjusted 1.1 per cent last month following a 1.1 per cent increase in February. Shipments to all top 10 major markets were up in March, with China (up 45.5 per cent), Taiwan (up 32.5 per cent) and Hong Kong (up 17.4 per cent) being the three biggest contributors to year-on-year NODX growth.
