Singapore's non-oil domestic exports increase 8.8 pct in May

Source: Xinhua| 2021-06-17 10:03:23|Editor: huaxia
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SINGAPORE, June 17 (Xinhua) -- Singapore's non-oil domestic exports (NODX) grew by 8.8 percent year on year in May, compared to the 6 percent rise in April, according to Enterprise Singapore, a government agency, on Thursday.

The growth was mainly due to exports of non-electronics, especially specialized machinery, petrochemicals and primary chemicals, which grew by 58 percent, 55.7 percent and 96.8 percent year on year respectively.

In all, Singapore's non-electronics NODX grew by 8.1 percent year on year in May, following the 4.7 percent growth in April. Meanwhile, the electronics NODX grew by 11 percent year on year, compared to the 10.9 percent growth in the previous month.

On a month-on-month seasonally adjusted basis, Singapore's NODX decreased by 0.1 percent in May to 15.4 billion Singapore dollars (about 11.53 billion U.S. dollars), after the 8.8 percent decrease in the previous month.

Singapore's NODX to the Chinese mainland increased 36.9 percent year on year in May, following the 55.5 percent increase in April. Enditem