PUBLISHED ONJanuary 18, 2016 1:04 AM
SINGAPORE - Singapore's non-oil domestic exports fell more than expected in December from a year earlier as a slump in shipments to China deepened, official data showed on Monday.
International Enterprise Singapore (IE Singapore), the country's trade agency, released the trade data.
Percentage change December November Non-oil domestic exports (y/y) -7.2 -3.4 Non-oil domestic exports (m/m*) -3.1 -3.8
- electronics -0.3 0.6
- pharmaceuticals -9.9 -12.5
- China -18.7 -9.1
- United States 12.8 10.8
- European Union -2.9 -6.2
Non-oil domestic exports (S$ bln) 12.85 12.10
Non-oil re-exports (y/y) 0.8 1.6
Total trade (y/y) -8.4 -6.8
* m/m data is seasonally adjusted
For detailed exports data, see IE Singapore's website at http://www.iesingapore.gov.sg.
For Reuters NODX poll, click on.
Singapore's non-oil exports tend to be volatile because a significant portion comprises pharmaceuticals and oil rigs that can vary sharply from month to month.