Singapore exports expected to stay buoyant but economists warn of headwinds

These include Ukraine war, China lockdowns; plunge in shipments of non-monetary gold cited for Feb's disappointing NODX performance

Sharon See

Published Fri, Mar 18, 2022 · 05:50 AM

Singapore economy

Singapore

DEMAND for Singapore's key exports such as electronics could stay buoyant ahead, but economists are also warning of headwinds from the Russia-Ukraine war and China's localised lockdowns.

The growth of non-oil domestic exports (NODX) in February eased to its slowest in 6 months at 9.5 per cent year on year, down from the previous month's 17.6 per cent expansion, according to data from Enterprise Singapore on Thursday (Mar 17).