Singapore's External Trade – July 2023
First published 17 Aug 2023 / Last updated 22 Nov 2023
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: Singapore's External Trade – July 2023
MR No.: 040/23
Singapore, Thursday, 17 Aug 2023
Highlights
NODX
• Contracted by 20.2% in July 2023, extending the 15.6% decline in June 2023; both electronics and non-electronics declined
• NODX declined in July 2023, mainly due to the EU 27, Taiwan and China; though NODX to the US rose
NORX
• Declined by 10.7% in July 2023, following the 13.8% contraction in June 2023; both electronics and non-electronics declined
Total trade
• Declined in July 2023; both exports and imports decreased
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