Review of 2Q 2026 Trade Performance
First published 11 Aug 2026 / Last updated 11 Aug 2026
Share this article:
: Review of 2Q 2026 Trade Performance
MR No.: 034/26
Singapore, Tuesday, 11 August 2026
Highlights
| Trade Components | Performance |
| NODX | Expanded by 27.4% in 2Q 2026, extending the 9.6% growth in 1Q 2026. For 2026, NODX is forecasted to grow by “+14.0% to +16.0%”, reflecting the exceptionally strong 1H 2026 performance, led by electronics’ surge; NODX growth is expected to remain supported in 2H 2026, though likely to moderate due to high-base effects. |
| NORX | Rose by 40.1% in 2Q 2026, following the 45.4% expansion in the previous quarter. Growth was driven primarily by electronics (+55.5%). |
| Total Merchandise Trade | Expanded by 40.2% in 2Q 2026, following the 25.5% growth in 1Q 2026. |
| Total Services Trade | Grew by 9.9% in 2Q 2026, following the 5.3% increase in 1Q 2026. |
Click here to read the full report.
Click here for infographic on the key statistics.