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Singapore's exports to recover over next five years: HSBC

It will be boosted by economic and trade rejuvenation of Asia's emerging markets

Published Fri, May 29, 2015 · 09:50 PM

Singapore

EXPORTS from Singapore are expected to rebound over the next five years, off the recovery of Asian economies as well as the completion of several trade agreements, the latest HSBC Trade Forecast report has revealed.

In 2015-2020, Singapore's exports are forecasted to grow by 3.9 per cent per annum globally and 5 per cent per annum within Asia (ex Japan), with the forecast significantly higher than Singapore's recent export growth of 1.1 per cent over 2013 and 2014, according to HSBC Trade Forecast.

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