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Singapore's 2020 trade growth expected to carry through this year, say analysts

Annabeth Leow
Published Mon, Jan 18, 2021 · 09:46 AM

ANALYSTS are pencilling in a solid economic recovery for Singapore and the region, after non-oil domestic exports (NODX) surged in December.

The rebound is tipped to carry over into the new year, as Asian economies shake off the Covid-19 malaise.

Non-oil domestic exports (NODX) closed off the year on a high note, breaking a two-month losing streak to add 6.8 per cent year on year in December, according to preliminary figures released by trade agency Enterprise Singapore (ESG) on Monday.

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