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18 August, 2015 00:00 00 AM
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Singapore's external trade down 0.8pc in July

BSS/Xinhua

BSS/Xinhua, SINGAPORE: Singapore's non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, declined by 0.8 per cent in July year-on- year, said trade promotion agency International Enterprise(IE) Singapore in a news release yesterday.
The decline in exports came after a 4.5 per cent growth in June. The contraction was due to a decrease in non-electronic NODX which outweighed the rise in electronic NODX, said IE Singapore.
Electronic NODX rose by 2.3 per cent in July on a year-on-year basis, continuing the 7.6 per cent increase in June. The growth in electronic domestic exports was largely due to PCs, telecommunications equipment and diodes and transistors.
While non-electronic NODX decreased by 2.1 per cent in July year- on-year, compared to the 3.3 per cent expansion in the previous month, said IE Singapore. The contraction in non-electronic NODX was led by structures of ships and boats, printed matter and primary chemicals.
Except Hong Kong, South Korea and Thailand, NODX to all of the top 10 NODX markets declined in July on a year-on-year basis. The top contributors to the contraction in July were Japan, Chinese mainland and China's Taiwan.

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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