Singapore Nodx

Singapore’s key exports up 9.3% in January, fuelled by electronics shipments on strong AI demand

Non-oil domestic exports to all but two of the Republic’s top 10 markets grow

EnterpriseSG says key exports growth will be supported in part by electronics amid strong AI-related demand.

Singapore upgrades 2026 key exports growth forecast to 2-4% as global outlook improves

OCBC raises its forecast to the same range; non-oil domestic exports up 4.8% in 2025

NODX to six of Singapore's top 10 markets declined last month.

Singapore’s key exports growth eases to 6.1% in December as pharma drags

UOB raises its 2026 NODX expansion projection to 3%, from 1.2% previously; OCBC forecasts a moderation of around 1 to 3%

As 2025 draws to a close, full-year forecasts for gross domestic product growth have narrowed and risen.

Economists raise Singapore’s 2026 growth forecast to 2.3%, upgrade 2025 forecast: MAS survey

Full-year growth for 2025 is now expected at 4.1%, with a boost from manufacturing

Total merchandise trade grew 8.5% on the year in Q3, extending the 7% rise in the preceding quarter.

Singapore narrows 2025 NODX forecast to ‘around 2.5%’, expects ‘moderated growth’ in 2026

EnterpriseSG projects an expansion of 0% to 2% for next year, in line with global trade outlook

In October, key exports to all but two of Singapore’s top 10 markets increased.

Singapore’s key exports surprise again with 22.2% surge in October, beating forecasts

Sales to most markets grow, fuelled by both electronics and non-electronics; but those to US contract 12.5%, leading falls

Going forward, NODX may remain volatile amid various external headwinds.

Singapore braces for export slowdown as front-loading ‘payback effects’ bite

NODX contracts a surprising 11.3% in August, prompting one bank to slash its full-year forecast to -1 to 1%

EnterpriseSG says that it is actively monitoring the evolving tariff situation, and will adjust its 2025 full-year NODX forecast “as necessary” to reflect changing market conditions.

Singapore key exports shrink an unexpected 11.3% in August; US and Indonesian markets lead slide

Economists previously forecast an 0.8% expansion; only three out of Singapore’s top 10 markets post increase in exports