Singapore's External Trade – August 2023
First published 18 Sep 2023 / Last updated 08 Nov 2023
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: Singapore's External Trade – August 2023
MR No.: 043/23
Singapore, Monday, 18 Sep 2023
Highlights
NODX
• Declined by 20.1% in August 2023, following the 20.3% contraction in July 2023; both electronics and non-electronics declined
• NODX declined in August 2023, mainly due to the US, the EU 27 and China; though NODX to Indonesia rose
NORX
• Declined by 8.3% in August 2023, following the 10.7% contraction in July 2023; both electronics and non-electronics declined
Total trade
• Declined in August 2023; both exports and imports decreased
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