17.10.201801:47:00UTC+00Singapore Exports Growth Accelerates In September

Singapore's non-oil domestic exports grew at a faster pace in September on robust non-electronic shipments, figures from Enterprise Singapore showed Wednesday.

NODX advanced 8.3 percent annually in September, following the 5 percent expansion seen in August.

Non-electronic exports continued to grow, with the latest growth at 11.9 percent, while electronics shipments declined 0.9 percent in September.

NODX to the top 10 markets as a whole grew in September, although shipments to China, South Korea, Malaysia, Taiwan, Japan and Hong Kong declined. The annual growth was led by the US, the EU 28 and Thailand.

Further, data showed that non-oil re-exports moved up 13.3 percent after the 14.1 percent growth in August.