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Q3 total merchandise trade shrinks; full-year forecast upgraded
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Sharon See
Published Mon, Nov 23, 2020 · 09:50 PM
Singapore
SINGAPORE'S authorities on Monday upgraded their full-year projection for total merchandise trade and non-oil domestic exports (NODX), as the Republic's third-quarter total merchandise trade continued to shrink but at a slower pace.
Total merchandise trade declined by 6.3 per cent year-on-year in Q3, easing from a 15.3 per cent fall in the April-June period, according to data from Enterprise Singapore (ESG).
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