World

Singapore’s non-oil exports grow slower than expected in September

Singapore's non-oil domestic exports (NODX) in September rose 5.9 percent from a year earlier, driven mainly by electronics shipments, data from Enterprise Singapore showed.
Singapore’s non-oil exports grow slower than expected in September ảnh 1A view of Tanjong Pagar Terminal of Singapore (Photo: AFP/VNA)

Hanoi (VNA) – Singapore's non-oil domesticexports (NODX) in September rose 5.9 percent from a year earlier, driven mainlyby electronics shipments, data from Enterprise Singapore showed.

The NODX growth was lower than the 7.7-percentincrease in August and the 10.8-percent rise forecast by economists in aReuters poll.

Exports of electronics jumped 21.4 percent froma low base a year ago.

On a seasonally adjusted month-on-month basis,the country’s exports contracted 11.3 percent in September after a 10.5-percentincrease in the previous month. The pace of drop was the steepest since March2019, Enterprise Singapore said in a statement.

The Singaporean Ministry of Trade and Industrysaid on October 14 that the economy shrank at a slower pace of 7 percent in thethird quarter from the same period last year, following the phased reopening ofthe economy after the COVID-19 "circuit breaker" period. 

This is also an improvement from the13.3-percent contraction in Q2 and close to a 7.6-percent contraction estimatedby private-sector economists surveyed by the Monetary Authority ofSingapore last month.

The ministry predicted the economy may shrink bybetween 7 percent and 5 percent this year./.
VNA
#Singapore #non-oil domestic exports #Enterprise Singapore #Singaporean economy #Singapore's exports #Enterprise Singapore #Singaporean Ministry of Trade and Industry #Vietnamplus #Vietnam News Agency Singapore
Follow VietnamPlus

Related News

Singapore: Unemployment rate highest in more than a decade

Singapore: Unemployment rate highest in more than a decade

A report released by the Singapore Ministry of Manpower (MOM) on October 7 showed that the resident unemployment rate in the country rose by 0.4 percentage point in August to 4.5 percent, the highest level in more than a decade.
Hong Kong, Singapore announce plan for 'travel bubble'

Hong Kong, Singapore announce plan for 'travel bubble'

Hong Kong (China) and Singapore on October 15 said they had agreed "in principle" to set up a bubble allowing residents to travel freely between the two financial hubs as long as they test negative for the coronavirus.

See more

Indonesia eyes trade breakthrough with EAEU via FTA

Indonesia eyes trade breakthrough with EAEU via FTA

Indonesia seeks to develop relations with all countries and sees itself as a bridge between different regions of the world. Against a backdrop of growing geopolitical and global economic uncertainty, strengthening international cooperation and building reliable supply chains have become more important than ever.

Thai Prime Minister Anutin Charnvirakul (R) at Nation TV’s 26th anniversary event on June 4, 2026. (Photo: nationthailand.com)

Thailand prioritises OECD accession

Thai Prime Minister Anutin Charnvirakul the country’s bid to join the Organisation for Economic Co-operation and Development, or OECD, is central to the government’s economic agenda.

ASEAN aims to become global digital economy hub

ASEAN aims to become global digital economy hub

Studies indicate that the ASEAN Digital Economy Framework Agreement (DEFA) could help raise ASEAN’s digital economy value to 2 trillion USD by 2030 while transforming the region into a connected, comprehensive and sustainable digital economy hub on the global stage.

Malaysian Deputy Prime Minister and Minister of Energy Transition and Water Transformation Seri Fadillah Yusof speaks at the Energy Transition Conference 2026 (ETCon26) in Kuala Lumpur on June 3. (Photo: VNA)

Malaysia accelerates energy transition

Malaysian Deputy Prime Minister and Minister of Energy Transition and Water Transformation Seri Fadillah Yusof noted that for both Malaysia and ASEAN, the transition is not only an environmental imperative but also an economic necessity and a strategic priority.

A pregnant woman receives a routine pregnancy check-up at a hospital. (Photo: VNA)

ILO report highlights gaps in maternity benefits across ASEAN

The report calls for extending maternity protection to all women, including workers in the informal economy; strengthening financing mechanisms to ensure sustainability and adequacy of benefits; and aligning maternity protection policies with broader social protection, health and care policies.

President of Timor-Leste José Ramos-Horta (L) at the leadership lecture in Jakarta on June 2 hosted by the ERIA School of Government under the Economic Research Institute for ASEAN and East Asia (ERIA). (Photo: ERIA)

Timor-Leste President shares vision for peacebuilding, ASEAN integration

Drawing on his experience as a diplomat and Nobel Peace Prize laureate, Ramos-Horta cited the reconciliation process between Timor-Leste and Indonesia as a model for peacebuilding. He paid tribute to former Indonesian leaders for their contributions to normalising bilateral ties, stressing that friendship and cooperation ultimately prevailed over past divisions and laid the foundation for Southeast Asia's stability today.

Southeast Asia tourism sustains rebound

Southeast Asia tourism sustains rebound

Indonesia welcomed 4.68 million foreigners in the first four months, an 8.24% hike from a year earlier and the highest tally for the period since the COVID-19 outbreak, its Central Bureau of Statistics said on June 3.

Indonesia replaces free school meal programme chief after food poisoning scandals

Indonesia replaces free school meal programme chief after food poisoning scandals

The free meal initiative forms part of Indonesia’s broader effort to tackle chronic malnutrition, with more than 20% of children in the country still affected by stunting caused by inadequate nutrition. Jakarta’s long-term goal is to provide meals to around 82.9 million children, pregnant women and breastfeeding mothers, equivalent to more than 30% of the national population.

SAANSOOK application supports holistic health management and promotes workplace wellness to help reduce non-communicable diseases among working-age people. (Photo: SAANSOOK)

Thailand launches AI-powered tool to combat non-communicable diseases

Developed under the “DOPA” strategy – Data, Outcomes, Partners and AI-driven, the SAANSOOK application tracks four key health behaviours: eating, sleeping, exercising and relaxation. It encourages users to adopt healthier lifestyles through challenges and rewards aimed at sustaining long-term behavioural change.