Singapore Non-Oil Domestic Exports (NODX)
+1.7% m/m in December 2024
- -1.2% expected, adjusted to date +14.7%
+9.0% y/y
- expected +7.8%, ahead +3.4%
- Domestic non-oil exports to the United States, Taiwan, Malaysia and Japan increased in annual terms in December, while shipments to China and the European Union decreased
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Singapore's non-oil domestic exports (NODX) are a key indicator of the country's export performance, excluding oil-related products. NODX includes both electronic and non-electronic products and reflects the health of Singapore's manufacturing and trading sectors.
This article was written by Eamonn Sheridan at www.forexlive.com.
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