Singapore's External Trade – April 2024
First published 17 May 2024 / Last updated 30 Oct 2024
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: Singapore's External Trade – April 2024
MR No.: 018/24
Singapore, Friday, 17 May 2024
Highlights
NODX
• Declined by 9.3% in April 2024, easing from the 20.8% contraction in March 2024; decline was from a high base a year ago and due to non-electronics – primarily, volatile products like pharmaceuticals; meanwhile, electronics resumed growth
NORX
• Grew strongly by 25.4% in April 2024, extending the 4.9% increase in March 2024; both electronics and non-electronics rose
Total trade
• Expanded by 15.7% in April 2024, reversing the 1.9% decrease in March 2024; both exports and imports rose
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