Fri, 16 May 2025
Singapore's non-oil exports surge 12.4 pct in April

Singapore's non-oil exports surge 12.4 pct in April

Xinhua
16 May 2025, 07:45 GMT+10

SINGAPORE, May 16 (Xinhua) -- Singapore's non-oil domestic exports (NODX) rose by 12.4 percent year-on-year in April, accelerating from a 5.4 percent increase in March, according to data released by Enterprise Singapore on Friday.

Growth was broad-based, with both electronics and non-electronics exports contributing to the rise. Electronics exports surged 23.5 percent year-on-year, while non-electronics exports climbed 9.3 percent.

Non-oil re-exports also saw a sharp upswing, soaring 39.4 percent in April compared to a 5.4 percent rise the previous month. Gains were recorded in both electronics and non-electronics segments.

Overall, Singapore's total trade expanded by 14.7 percent year-on-year in April, following a 3.4 percent increase in March.

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