Singapore's Non-Oil Exports Soar 68.4% in September, Buoyed by AI Demand

Singapore's non-oil exports soar 68.4% in September, buoyed by AI demand

Singapore's non-oil domestic exports (NODX) rose by 68.4 per cent in September compared to a year earlier, bettering the 46.1 per cent growth recorded in August, Enterprise Singapore (EnterpriseSG) announced on Friday (Oct 16).The growth was again led by electronic NODX, which grew by 107.6 per cent, though lower than the 131.6 per cent increase in August. EnterpriseSG said the increase was supported by robust artificial intelligence-related dem…

Singapore’s key exports soar beyond expectations in September on AI and non-electronics boom

This marks the seventh consecutive month of double-digit expansion. Read more at straitstimes.com.

Singapore key exports jump by higher-than-expected 68.4% in September, led by non-electronics

Electronics exports also continue to surge on AI-related demand Read more at The Business Times.

Singapore’s non-oil exports surge 68.4% in September; growth driven by non-electronics shipments

EXPORTS TO KEY MARKETS RISE NODX to most of Singapore’s major markets expanded in September. Exports to Hong Kong rose by 112.1 per cent year-on-year, supported by shipments of non-monetary gold, ICs and specialised machinery. Shipments to Taiwan increased by 96.9 per cent, while exports to the United States grew 73.2 per cent. Exports to […]