Singapore's non-oil domestic exports down 2.6pc in Nov

The total non-oil domestic exports (NODX) of Singapore declined by 2.6 per cent in November from the high base a year ago, after the recalculated 8.2 per cent year-on-year growth in October.

According to a media release, issued by government agency Enterprise Singapore on Monday, on a month-on-month seasonally adjusted basis, the NODX decreased by 4.2 per cent in November to 14.9 billion Singapore dollars (about 10.83 billion US dollars), due to the decline in non-electronic NODX which outweighed the rise in electronics.

In a breakdown of Singapore's total NODX, Singapore's electronic exports grew by 4.5 per cent year on year in November, after the 3.6 per cent decrease in the previous month.

Meanwhile, Singapore's non-electronic exports declined by 5.2 per cent year on year, after the 12.7 per cent increase in October, reports Xinhua.

Among Singapore's top 10 NODX markets, six markets saw Singapore's NODX to them decreased in November.