The Business Times
business-time-50
SUBSCRIBERS

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

Summarise
google-preferred-sourceAdd BT as a preferred source
Tessa Oh

Tessa Oh

Published Wed, Sep 17, 2025 · 08:30 AM
阅读简体中文版 (beta)
    • 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.
    • 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. PHOTO: BT FILE

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

    [SINGAPORE] The Republic’s key exports contracted by 11.3 per cent year on year in August, surprising private-sector economists who were expecting a slight expansion, data from Enterprise Singapore (EnterpriseSG) showed on Wednesday (Sep 17).

    Private-sector economists had expected a slight 0.8 per cent year-on-year expansion, a Bloomberg poll indicated.

    The contraction was driven by declines in electronics, as well as specialised machinery, food preparation and petrochemicals, said EnterpriseSG. August’s contraction extends July’s decline, which was revised up 0.1 percentage point to 4.7 per cent year on year.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Singapore NodxTradeSingapore economy

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More