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Singapore exports expected to stay buoyant but economists warn of headwinds

These include Ukraine war, China lockdowns; plunge in shipments of non-monetary gold cited for Feb's disappointing NODX performance

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Sharon See

Sharon See

Published Thu, Mar 17, 2022 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Slowing down

    Singapore

    DEMAND for Singapore's key exports such as electronics could stay buoyant ahead, but economists are also warning of headwinds from the Russia-Ukraine war and China's localised lockdowns.

    The growth of non-oil domestic exports (NODX) in February eased to its slowest in 6 months at 9.5 per cent year on year, down from the previous month's 17.6 per cent expansion, according to data from Enterprise Singapore on Thursday (Mar 17).

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    Singapore economySingapore NodxSingapore electronicsUkraine

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