Singapore non-oil exports surge 15.9% in June from low base, beating expectations

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Singapore non-oil exports surge 15.9% in June from low base, beating expectations

The Straits Times2021-07-16

SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and ...

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HEYEOH
·2021-07-16
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·2021-07-16
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It also extended the positive growth trend seen since December last year, according to data released by government agency Enterprise Singapore (ESG) on Friday (July 16).\nLast month's year-on-year export growth was almost double the 8 per cent increase forecast by analysts polled by Bloomberg.\nOn a month-on-month seasonally adjusted basis, Nodx rose by 6 per cent in June, after the previous month's 0.2 per cent decline. It beat the 1 per cent gain tipped in the Bloomberg survey.\nElectronic exports on a year on year basis, expanded by 25.5 per cent in June, following the 11 per cent growth in the previous month.\nPersonal computer shipments jumped by 130.2 per cent, integrated circuits rose by 14.9 per cent and diodes and transistors by 32.2 per cent.\nNon-electronic shipments expanded by 13.2 per cent, following the 7.9 per cent growth in the previous month.\nSpecialised machinery shipments were up 43.2 per cent, while petrochemicals surged 51.2 per cent.\nNodx to Singapore's top 10 markets as a whole rose, though shipments to the United States, Japan and Malaysia declined.\nThe largest contributors to the rise in Nodx were China, up 27.6 per cent, the European Union (36.7 per cent) and Taiwan (41.4 per cent).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170942788,"gmtCreate":1626401576444,"gmtModify":1703759440301,"author":{"id":"4087932884013320","authorId":"4087932884013320","name":"BlueDragon","avatar":"https://static.tigerbbs.com/431c326e19a16844e147d10866565f27","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4087932884013320","idStr":"4087932884013320"},"htmlText":"HoorayLike and comnents","listText":"HoorayLike and comnents","text":"HoorayLike and comnents","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170942788","repostId":2151795385,"repostType":4,"repost":{"id":"2151795385","pubTimestamp":1626395418,"share":"https://ttm.financial/m/news/2151795385?lang=&edition=fundamental","pubTime":"2021-07-16 08:30","market":"sg","language":"en","title":"Singapore non-oil exports surge 15.9% in June from low base, beating expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2151795385","media":"The Straits Times","summary":"SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster ","content":"<div>\n<p>SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/singapore-non-oil-exports-surge-159-in-june-from-low-base-beating-expectations\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore non-oil exports surge 15.9% in June from low base, beating expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore non-oil exports surge 15.9% in June from low base, beating expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/economy/singapore-non-oil-exports-surge-159-in-june-from-low-base-beating-expectations><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/singapore-non-oil-exports-surge-159-in-june-from-low-base-beating-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/economy/singapore-non-oil-exports-surge-159-in-june-from-low-base-beating-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151795385","content_text":"SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals.\nNodx surged 15.9 per cent from the low base a year ago, higher than the 8.6 per cent gain in May. It also extended the positive growth trend seen since December last year, according to data released by government agency Enterprise Singapore (ESG) on Friday (July 16).\nLast month's year-on-year export growth was almost double the 8 per cent increase forecast by analysts polled by Bloomberg.\nOn a month-on-month seasonally adjusted basis, Nodx rose by 6 per cent in June, after the previous month's 0.2 per cent decline. It beat the 1 per cent gain tipped in the Bloomberg survey.\nElectronic exports on a year on year basis, expanded by 25.5 per cent in June, following the 11 per cent growth in the previous month.\nPersonal computer shipments jumped by 130.2 per cent, integrated circuits rose by 14.9 per cent and diodes and transistors by 32.2 per cent.\nNon-electronic shipments expanded by 13.2 per cent, following the 7.9 per cent growth in the previous month.\nSpecialised machinery shipments were up 43.2 per cent, while petrochemicals surged 51.2 per cent.\nNodx to Singapore's top 10 markets as a whole rose, though shipments to the United States, Japan and Malaysia declined.\nThe largest contributors to the rise in Nodx were China, up 27.6 per cent, the European Union (36.7 per cent) and Taiwan (41.4 per cent).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}