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OUTLOOK 2025

Singapore manufacturing expected to stay strong in 2025, though Trump’s trade policies cloud outlook

The lynchpin electronics sector should still lead growth, though geopolitical risks and US tariffs could weigh on the outlook

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Renald Yeo

Renald Yeo

Published Thu, Jan 2, 2025 · 05:00 AM
    • For the first 11 months of the year, overall manufacturing output was up 3.5 per cent year on year.
    • For the first 11 months of the year, overall manufacturing output was up 3.5 per cent year on year. PHOTO: YEN MENG JIIN, BT

    SINGAPORE’S manufacturing sector is set to sustain robust growth in 2025, though expectations have been tempered by uncertainty surrounding incoming US president Donald Trump’s trade policies.

    “Overall, we view the manufacturing sector quite favourably for continued growth in 2025,” said Lennon Tan, president of the Singapore Manufacturing Federation (SMF).

    “Of course, the caveat is always how the evolving geopolitical landscape may change things and disrupt supply.”

    Outlook 2025Singapore manufacturingindustrial productionManufacturingElectronics manufacturingSingapore electronicsSemiconductors

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