Singapore’s non-oil exports rise 9% in June

Enterprise Singapore, Singapore’s trade promotion agency, reported that Singapore’s non-oil exports (NODX) rose 9% in June from a year earlier. In May, exports were up 12%, marking the 19th consecutive month of growth.

NODX sales of electronic equipment rose 4.1% year over year in June, following a 12.9% increase in May. NODX for non-electronic equipment rose 10.6% y/y in June, compared with a growth of 11.7% the previous month.

Seasonally adjusted NODX rose 3.7% to $17.7 billion in June, following a 2.8% gain in May.

Singapore’s oil domestic exports rose 66.2% in June from a year earlier, following an 86.4% increase in May

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