Singapore's NODX up 0.5% on-year in January






SINGAPORE: Non-oil domestic exports (NODX) rose by 0.5 per cent on-year in January 2013, compared to the 16.3 per cent decrease in the previous month.

This was due to a rise in non-electronic NODX, which outweighed the decline in electronic NODX.

On a year-on-year basis, electronic NODX contracted by 5.6 per cent in January, after the 19.1 per cent decline in the previous month.

Meanwhile, non-electronic NODX expanded by 3.8 per cent on-year in January, compared to the 14.8 per cent decline in the previous month.

On a month-on-month seasonally adjusted basis, NODX fell 1.8 per cent in January, following the previous month's 4.2 per cent decline. This was attributed to a contraction in non electronic NODX, which outweighed an expansion in electronic NODX.

On a year-on-year basis, NODX to all of the top 10 NODX markets, except the EU 27, the US, Thailand, Hong Kong and South Korea, rose in January 2013. The top three contributors to the NODX rise in January 2013 were China, Taiwan and Japan.

-CNA/ir



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Singapore's NODX up 0.5% on-year in January