Overview
- Enterprise Singapore said Friday that non-oil domestic exports, which exclude oil, rose 15.3% from a year earlier in March, marking a seventh straight monthly increase.
- Electronics shipments grew 74% year on year, led by integrated circuits up 113.8% alongside gains in disk media products and personal computers.
- Non-electronic exports fell 0.6% as structures of ships and boats plunged 99.8%, with food preparations down 42% and pharmaceuticals down 18.4%.
- Exports increased to China, Hong Kong and Taiwan, while shipments to the United States, the European Union, Indonesia and Thailand declined.
- The rise beat analyst forecasts and lifted first-quarter NODX growth to 9.6%, reinforcing an outlook that officials raised in February to 2% to 4% growth for 2026.