Singapore (VNA) – Singapore’s non-oil domestic exports (NODX) climbed to 20.7% year on year in June 2026, supported by sustained demand linked to artificial intelligence (AI), according to data released by Enterprise Singapore (EnterpriseSG) on July 17.
The increase, however, slowed significantly from the 38.4% growth recorded in May.
Electronics led the expansion, with electronic NODX surging 105.1% in June following a 94.8% increase in May. The strong performance was largely driven by AI-related demand, particularly for integrated circuits, disk media products and personal computers.
Exports of integrated circuits jumped 115.4% year on year, while shipments of disk media products and personal computers soared 170.9% and 95.8%, respectively.
In contrast, non-electronic exports fell 2.9% in June after rising 17.7% in May, mainly due to declines in non-monetary gold, petrochemicals and food preparations.
Non-oil re-exports climbed 60.3% in June, accelerating from a 33.5% increase in May, also largely driven by electronics.
Singapore’s total merchandise trade expanded 49.3% year on year in June, following a 39.6% rise in May. Total exports increased 48.9%, while imports grew 49.8%.
Among Singapore’s key markets, NODX to Taiwan (China), the US and the Republic of Korea increased during the month.
Total trade reached 158.1 billion SGD (122.5 billion USD) in June, comprising 85.5 billion SGD in exports and 72.6 billion SGD in imports./.
