World

Singapore’s non-oil exports post strong growth on AI demand

Singapore's 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.

Cargo ships docked at a port in Singapore. (Photo: VNA)
Cargo ships docked at a port in Singapore. (Photo: VNA)

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./.

​

source
#Singapore #exports #non-oil #AI demand
Follow VietnamPlus

Related News

AI-related demand pushes Singapore exports in April

AI-related demand pushes Singapore exports in April

Singapore's exports to the US surged 59.6%, reversing a fall of 2.8% in March. Shipments to China climbed 37.8% from 20.3% the previous month and those to the European Union rose 33.4% after shrinking 12.2% in March.

Cao Xuan Thang, Trade Counsellor and Head of the Vietnam Trade Office in Singapore, speaks at the festival (Photo: VNA)

Singapore trade event helps Vietnamese enterprises boost exports

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

See more

At the press conference (Photo: VNA)

Lao Digital Week 2026 slated for October in Vientiane

The event will serve as a major information technology and digital innovation platform, with sidelines events including the Lao Digital Forum; seminars on e-government, digital economy, the fourth industrial revolution and smart technologies.

A Facebook post on the official page of Pasaxon newspaper. (Photo: VNA)

Lao media spotlights late NA President’s deep bond with Vietnam

The article stressed that, regardless of the position he held, Xaysomphone Phomvihane devoted to building a prosperous country and a united society. He maintained a particularly deep concern and sincere affection for the special Laos-Vietnam relationship.

Illustrative photo (Photo: ifbaworld.com)

Indonesia ranks fourth in ASEAN in F&B exports

Speaking at the Indonesia Food and Beverage Trade Promotion Forum in Jakarta on August 11, Esti said the country's F&B exports still had significant room for growth as the Ministry of Trade encourages local businesses to expand into international markets through Indonesia's global trade network.

Indonesia plans separate visa for foreign content creators

Indonesia plans separate visa for foreign content creators

Happy Reza Dipayuda, head of the Visa Services Sub-directorate at the Directorate General of Immigration under the Ministry of Immigration and Corrections, said the proposed C5A visa would be designed for foreigners travelling to Indonesia to produce digital content, including promotional activities and collaborations with businesses and brands.

The coffin of Xaysomphone Phomvihane, Politburo member of the Lao People's Revolutionary Party Central Committee and President of the National Assembly of Laos, is carried to the venue for the memorial service. (Photo: VNA)

Laos holds State funeral for National Assembly President

Xaysomphone Phomvihane was a capable revolutionary intellectual with broad knowledge and a strategic vision. Throughout his career, he remained committed to the Party's ideals and objectives, and demonstrated responsibility, flexibility and discipline in carrying out his assigned tasks.

A petrol station in Singapore (Photo: Xinhua/VNA)

Singapore raises 2026 GDP growth forecast

Official data released by MTI show that the country’s GDP grew 5.9% year-on-year in the second quarter, easing from 6.3% in the first quarter. On a quarter-on-quarter seasonally adjusted basis, the economy expanded by 1.4%, extending the 1.2% growth in the first quarter.

Canadian Foreign Minister Anita Anand (fourth from left) and ASEAN ambassadors at the ceremony. (Photo: VNA)

ASEAN, Canada deepen strategic partnership, with Vietnam as key bridge

As ASEAN and Canada look toward the 50th anniversary of diplomatic ties next year, they see a chance to turn Strat.gic Partnership commitments into concrete action. In that process, increasingly substantive Vietnam-Canada ties could become a vital link, driving stronger connectivity between Canada and Southeast Asia.