Singapore – Jun External Trade
17/07/2019 10:45 am MYT
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Year-on-year, total trade in Jun fell 7.2% due to declines in both imports (4.8%) and exports (9.3%) – see figure 1. Non-oil domestic exports (NODX) fell 17.3% due to declines in both electronic and non-electronics exports – see table 1. Non-oil re-exports fell 2.8%, year-on-year.

With the exception of the US, NODX to Singapore’s top 10 markets fell in Jun, with Hong Kong (-38.2%), EU 28 (-22.1%), and China (-15.8%) as the largest contributors to the decline. Meanwhile, NODX to emerging markets declined by 17.0%, due mainly to CLMV (-37.5%), Latin America (-26.8%) and the Middle East (-16.4%).

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