Singapore Non-oil Domestic Exports (NODX) December 2024: +1.7% m/m vs. -1.2% expectedSingapore's non-oil domestic exports (NODX)
+1.7% m/m in December 2024
- expected -1.2%, prior +14.7%
+9.0% y/y
- expected +7.8%, prior+3.4%
- Non-oil domestic exports to the United Sates, Taiwan,
Malaysia and Japan increased in annual terms in December, while
shipments declined to China and the European Union
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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 encompasses both electronic and non-electronic goods and reflects the health of Singapore's manufacturing and trade sectors.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Singapore Non-oil Domestic Exports (NODX) December 2024: +1.7% m/m vs. -1.2% expected (https://www.forexlive.com/news/singapore-non-oil-domestic-exports-nodx-december-2024-17-mm-vs-12-expected-20250117/)