Review of 1Q 2026 Trade Performance
First published 25 May 2026 / Last updated 25 May 2026
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: Review of 1Q 2026 Trade Performance
MR No.: 024/26
Singapore, Monday, 25 May 2026
Highlights
| Trade Components | Performance |
| NODX | Grew by 9.6% in 1Q 2026, following the 12.7% expansion in 4Q 2025. For 2026, NODX is forecasted to grow by “+3.0% to +5.0%”, underpinned by the better-than-expected 1Q 2026 performance, particularly in electronics (+57.8%). |
| NORX | Expanded by 45.4% in 1Q 2026, extending the 19.7% increase in the previous quarter. Growth was driven primarily by electronics (+68.0%). |
| Total Merchandise Trade | Expanded by 25.6% in 1Q 2026, following the 14.5% growth in 4Q 2025. |
| Total Services Trade | Grew by 4.4% in 1Q 2026, after the 2.2% increase in 4Q 2025. |
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Click here for infographic on the key statistics.