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Singapore's Key Exports Fall 11.3% in August, Weaker than Forecast
Electronics and non-electronics exports both fell, with US tariffs and high-base effects driving declines in major markets including the US and Indonesia, Enterprise Singapore said.
- In August 2025, Singapore experienced an 11.3% year-on-year decline in non-oil domestic exports, marking a continued reduction following July’s decrease.
- This decline followed export front-loading in the first half of 2025 to preempt US tariffs, with authorities warning growth will slow in the second half.
- Electronic and non-electronic exports fell, notably shipments to the US dropped 28.8%, while exports to Indonesia and China also declined, contrasted by rises to the EU, Taiwan, and South Korea.
- Enterprise Singapore reported total trade rose 3% in August, down from July's 8.2% growth, and noted specialised machinery and pharmaceuticals supported non-electronic re-exports growing 1.4%.
- Enterprise Singapore may revise its 2025 export forecast if tariff impacts worsen, indicating cautious prospects amid continuing external pressures.
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Watauga Democrat+19 Reposted by 19 other sources
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Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping.
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Singapore's exports fall 11.3% y-o-y in August, much weaker than forecast
SINGAPORE: Singapore's non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday, weaker than analysts' estimates as exports of both electronics and non-electronics fell.
·Malaysia
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Coverage Details
Total News Sources25
Leaning Left5Leaning Right5Center6Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 31%
C 38%
R 31%
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