Singapore Non-oil Home Exports (NODX) December 2024: +1.7% m/m vs. -1.2% anticipated

Singapore’s non-oil home exports (NODX)

+1.7% m/m in December 2024

• anticipated -1.2%, prior +14.7%

+9.zero% y/y

• anticipated +7.eight%, prior+three.four%
• Non-oil home exports to the United Sates, Taiwan,
  Malaysia and Japan elevated in annual phrases in December, whereas
  shipments declined to China and the European Union

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Singapore’s Non-Oil Home Exports (NODX) are a key indicator of the nation’s export efficiency, excluding oil-related merchandise. NODX encompasses each digital and non-electronic items and displays the well being of Singapore’s manufacturing and commerce sectors.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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