Singapore's External Trade – January 2024
First published 16 Feb 2024 / Last updated 30 Oct 2024
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: Singapore's External Trade – January 2024
MR No.: 007/24
Singapore, Friday, 16 February 2024
Highlights
NODX
• Expanded 16.8% in January 2024 from the low base a year ago, after the 1.5% decline in December 2023; both electronics and non-electronics grew
• NODX to the top markets as a whole grew in January 2024, mainly due to China, the US and Hong Kong; though NODX to the EU 27, Taiwan, Japan and Thailand declined
NORX
• Expanded 20.5% in January 2024, after the 1.4% decline in December 2023; both electronics and non-electronics grew
Total trade
• Grew in January 2024; both exports and imports rose
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