Singapore’s December exports rise 9.0% y/y, stronger than forecast

By Bing Hong Lok

SINGAPORE (Reuters) – Singapore’s non-oil domestic exports rose 9.0% in December from the same month a year earlier, data on Friday showed, boosted by increased shipments of both electronic and non-electronic goods. 

The increase compared with a Reuters poll forecast of a rise of 7.8% and followed a 3.4% rise in November.

On a month-on-month seasonally adjusted basis, non-oil domestic exports rose 1.7% in December.

Non-oil domestic exports to the United Sates, Taiwan, Malaysia and Japan increased in annual terms in December, while shipments declined to China and the European Union, Enterprise Singapore said in a statement.

(Reporting by Bing Hong Lok; Editing by John Mair)

tagreuters.com2025binary_LYNXMPEL0G00L-VIEWIMAGE

Close Bitnami banner
Bitnami