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Singapore posts 2.5% drop in Nov non-oil exports  Join our daily free Newsletter

MENAFN - 17/12/2012

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(MENAFN) International Enterprise Singapore stated that non-oil exports in November went down by 2.5 percent on annual basis, reported Xinhua News.

The trade promotion agency said that the figure is compared with a growth of 7.9 percent in October.

In November, exports of electronics fell by 16.5 percent, following a drop of 0.8 percent in the previous month, whereas exports of non-electronics, including pharmaceuticals, structures of ships and boats and non-monetary gold, rose 6.3 percent.

It is worth noting that non-oil domestic shipments to China went up by 9.4 percent, whereas exports to Thailand jumped 14.3 percent and those to the EU rose by 0.5 percent.

 






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