Economists expect Singapore’s key exports to continue recovery after April’s 9.3% slide eases from March

SINGAPORE’S non-oil domestic exports (NODX) slid 9.3 per cent from the year-ago high base in April, dragged down by a decrease in the non-electronics sector, particularly in volatile products.

This was a gentler contraction than the revised 20.8 per cent tumble charted in March, but slightly worse than the median 8.9 per cent drop forecast by private-sector economists in a Bloomberg poll.

Year on year, non-electronics exports decreased, while electronics exports resumed growth, data from Enterprise Singapore (EnterpriseSG) showed on Friday (May 17).