Singapore's External Trade – February 2024
First published 18 Mar 2024 / Last updated 18 Mar 2024
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: Singapore's External Trade – February 2024
MR No.: 014/24
Singapore, Monday, 18 March 2024
Highlights
NODX
• Declined by 0.1% in February 2024, after the 16.7% expansion in January 2024; non-electronics decreased while electronics grew
• NODX to the top markets as a whole rose in February 2024, mainly due to Hong Kong, the US and Indonesia; though NODX to Japan, Malaysia, Taiwan, the EU 27, Thailand, South Korea and China declined
NORX
• Increased by 0.7% in February 2024, following the 20.2% expansion in January 2024; electronics increased while non-electronics declined
Total trade
• Grew by 3.5% in February 2024; both exports and imports rose
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