Overview

• Non-oil domestic exports (NODX) rose 12.4% year-on-year in April, surpassing the 4.3% growth forecast by analysts.
• Electronics exports expanded by 23.5%, nearly doubling March's growth, with strong demand for personal computers, disk media products, and integrated circuits.
• Non-electronics exports increased by 9.3%, led by an 80.4% growth in non-monetary gold and gains in ship structures and specialised machinery.
• Exports to Indonesia, Taiwan, and South Korea experienced significant growth, with shipments to Indonesia surging 111.2%.
• Shipments to China, Singapore’s largest export market, declined by 17%, continuing a trend of reduced demand from the region.