Singapore's non-oil domestic exports up 23 pct in Sept.

16:31, October 18, 2010      

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Singapore's non-oil domestic exports (NODX) grew at a slower 23 percent in September over the same period last year, after the 31 percent growth in the previous month, official data showed on Monday.

According to latest statistics released by pro-enterprise International Enterprise (IE) Singapore, this is due to both electronic and non-electronic domestic exports.

Electronic NODX increased by 21 percent in September, while non- electronic NODX grew by 24 percent on a year-on-year basis.

NODX to all of the top ten NODX markets increased. In particular, NODX to the Europe Union, the United States and China' s Hong Kong rose by 29 percent, 32 percent and 29 percent respectively.

On a month-on-month seasonally adjusted basis, NODX declined by 4.5 percent in September 2010, in contrast to the previous month's 9.8 percent rise.

Source: Xinhua


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