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SINGAPORE ECONOMY

Singapore's trade crosses S$1 trillion for first time in 4 years

But growth in trade and export eases in 2018 and is expected to slow further in 2019

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Singapore's total trade was S$967 billion in 2017 and S$870 billion in 2016. Both oil and non-oil trade contributed to total merchandise trade growth in 2018.

Singapore

And both the trade and the non-oil domestic export (NODX) growth are tipped to ease further to zero to 2 per cent in 2019, according to Enterprise Singapore.

Total trade jumped 9.2 per cent from a year ago to S$1.1 trillion, after an 11.1 per cent increase in 2017,...

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