Singapore's non-oil domestic exports (NODX) unexpectedly declined in November due to a contraction in electronic shipments, data published by International Enterprise (IE) Singapore showed Monday.
Exports contracted 2.5 percent year-on-year in November against expectations for a 1.2 percent rise. This follows 7.9 percent increase in the previous month.
NODX to all the top 10 markets, except China, Thailand and the EU 27, declined in November. The top three contributors to the decline were Hong Kong, Malaysia and the US.
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