SINGAPORE: Singapore’s non-oil domestic exports ( NODX ) rose by 3.4 per cent in November, reversing a revised 4.7 per cent contraction in October.
Electronics increased while non-electronics decreased, according to data released by Enterprise Singapore on Tuesday ( Dec 17 ).
A Reuters surveys had forecast a 0.7 per share fall.
On a year-on-year basis, digital goods export expanded by a faster 23.2 per share in November, following a 2.6 per cent increase in October.
Integrated circuits, drive advertising products and Laptops contributed the most to the improve, growing by 28.9 per share, 114.7 per share and 75.3 per cent respectively.
Non-electronic imports fell by 1.6 per share in November, following a 6.8 per cent reduction in October.
The biggest drops were in medicine, hydrocarbons, and paper and cardboards, which fell by 63.8 per share, 5.3 per cent and 89.9 per share both.
NODX to Taiwan, Hong Kong and Malaysia grew in November , – by 42.7 per cent, 35.3 per share and 24.4 per cent respectively , – while NODX to the United States, China, Japan, Thailand and the European Union declined.
Total industry increased by 5 per share year-on-year in November, following the 2.2 per cent reduction in the previous month.
Both exports and imports grew, by 5.1 per share and 4.9 per cent respectively.