Non-electronics exports rose 14.5% in June, reversing the downward trend of 5.8% last month. Among them, non-monetary gold surged by 211.9%, and special machinery and other special chemicals increased by 31.4% and 20.1% respectively, contributing the largest increase in non-electronic exports.
The latest data released by the Singapore Enterprise Development Bureau on Thursday (July 17) showed that my country's non-oil domestic exports increased by 5.2% in the first half of this year.
Compared with the same period last year, electronic product exports increased by 8% in June, far higher than the 1.6% increase last month. Integrated circuits, personal computers and bare printed circuit boards (bare PCBs) grew by 17.5%, 53.8% and 17.0%, respectively, contributing the largest growth in electronic exports.
In terms of total trade volume, the year-on-year increase of 5.4% in June, higher than the 1.0% growth in May; it was mainly driven by exports, while imports were basically the same.
In terms of export market, my country's non-oil domestic exports to Hong Kong, Taiwan and South Korea increased in June, but exports to the 27 EU countries, Thailand, Malaysia, the United States, Indonesia and Japan fell.
my country's non-oil domestic exports (NODX) stopped falling and rebounded, with a year-on-year increase of 13.0% in June, reversing the downward trend of 3.9% in May. Both electronic and non-electronic products have seen growth.