Singapore’s non-oil domestic exports (NODX) surged 46.2% year-on-year in August 2026, accelerating sharply from a downwardly revised 24.1% rise in July and far above forecasts of 35%. It was the twelfth straight month of expansion and the strongest growth since October 1988, driven by electronics exports (131.8% vs 112% in July), supported by robust AI-related demand. Electronic exports were boosted by disk media products (290.2%), PCs (237.9%), and ICs (90.9%). Meanwhile, non-electronic exports rebounded, surging 12.0% after a 2.4% fall in July, due to higher shipments of non-monetary gold (67.0%), specialised machinery (57.7%), and medical apparatus (22.1%). Among trading partners, shipments increased to the US (91.0%), South Korea (87.1%), China (70.3%), Hong Kong (62.9%), Taiwan (58.5%), Malaysia (39.3%), and Indonesia (24.5%), while falling to the EU (-1.7%). Monthly, NODX jumped 10.9%, rebounding sharply from a 0.3% fall in July and marking the fastest increase in four months. source: Statistics Singapore

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 46.20 percent in August from 24.20 percent in July of 2026. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 9.11 percent from 1977 until 2026, reaching an all time high of 70.00 percent in February of 1980 and a record low of -34.90 percent in January of 2009. This page includes a chart with historical data for Singapore Domestic Exports of Non Oil (nodx) (%yoy). Singapore Non-oil Domestic Exports (NODX) YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 46.20 percent in August from 24.20 percent in July of 2026. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore is expected to be 41.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Non-oil Domestic Exports (NODX) YoY is projected to trend around 5.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-17 12:30 AM
Non-Oil Exports YoY
Jul 24.2% 20.8%
2026-09-17 12:30 AM
Non-Oil Exports YoY
Aug 46.2% 24.1% 35%
2026-10-16 12:30 AM
Non-Oil Exports YoY
Sep 46.2% 41.9%


Related Last Previous Unit Reference
Balance of Trade 13780.68 10898.58 SGD Million Aug 2026
Capital Flows 27850.20 25714.00 SGD Million Jun 2026
Current Account 37077.40 40820.30 SGD Million Jun 2026
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Non-Oil Exports YoY 46.20 24.10 percent Aug 2026
Exports 88673.61 85962.44 SGD Million Aug 2026
External Debt 3332500.60 3175341.00 SGD Million Mar 2026
Foreign Direct Investment 58619.50 51481.80 SGD Million Jun 2026
Imports 74892.93 75063.86 SGD Million Aug 2026
Terms of Trade 97.84 98.66 points Jul 2026


Singapore Non-oil Domestic Exports (NODX) YoY
In Singapore, Non-oil Domestic Exports (NODX) can be divided in Electronic Products, such as ICs, Disk Media Products, PCs, Parts of PCs, and Diodes & Transistors; and Non-Electronic Products, particularly chemicals, such as petrochemicals and pharmaceuticals.
Actual Previous Highest Lowest Dates Unit Frequency
46.20 24.10 70.00 -34.90 1977 - 2026 percent Monthly
Not Seasonally Adjusted

News Stream
Singapore NODX Growth Strongest Since 1988
Singapore’s non-oil domestic exports (NODX) surged 46.2% year-on-year in August 2026, accelerating sharply from a downwardly revised 24.1% rise in July and far above forecasts of 35%. It was the twelfth straight month of expansion and the strongest growth since October 1988, driven by electronics exports (131.8% vs 112% in July), supported by robust AI-related demand. Electronic exports were boosted by disk media products (290.2%), PCs (237.9%), and ICs (90.9%). Meanwhile, non-electronic exports rebounded, surging 12.0% after a 2.4% fall in July, due to higher shipments of non-monetary gold (67.0%), specialised machinery (57.7%), and medical apparatus (22.1%). Among trading partners, shipments increased to the US (91.0%), South Korea (87.1%), China (70.3%), Hong Kong (62.9%), Taiwan (58.5%), Malaysia (39.3%), and Indonesia (24.5%), while falling to the EU (-1.7%). Monthly, NODX jumped 10.9%, rebounding sharply from a 0.3% fall in July and marking the fastest increase in four months.
2026-09-17
Singapore NODX Growth Accelerates in July
Singapore’s non-oil domestic exports (NODX) jumped 24.2% year-on-year in July 2026, accelerating from an upwardly revised 20.8% rise in June. It was the eleventh straight month of expansion, driven by electronics exports (112.1% vs. 105.1% in June), supported by robust AI-related demand. Electronic exports were boosted by disk media products (339.1%), PCs (120.8%), and ICs (84.5%). By contrast, non-electronic exports dropped 2.3% in July, following a 2.8% fall in June, due to lower shipments of pharmaceuticals (-56.7%), petrochemicals (-22.5%), and food preparations (-17.9%). Among trading partners, shipments grew to the US (62.8%), South Korea (53.3%), Hong Kong (36.4%), Taiwan (32.4%), Thailand (18.0%), and India (13.0%), while plunging to the EU (-35.5%). In May, the country raised its 2026 forecast for NODX growth to 3.0%–5.0%, up from the previously estimated 2.0%–4.0%. Monthly, NODX edged down 0.3%, following an 8.9% fall in June and marking the second monthly decline.
2026-08-17
Singapore NODX Growth Below Forecasts
Singapore’s non-oil domestic exports (NODX) grew 20.7% year-on-year in June 2026, moderating from a 38.4% jump in May, which was the fastest growth since December 2003, and falling short of forecasts of 30.2%. It was the tenth straight month of expansion, though the slowest growth since March, with electronics continuing to grow strongly (105.1% vs 94.8% in May), supported by robust AI-related demand. Electronic exports were driven mainly by disk media products (170.9%), ICs (115.4%), and PCs (95.8%). By contrast, non-electronic exports fell 2.9% in June, reversing a 17.7% rise in May, due to lower shipments of non-monetary gold (-49.0%), food preparations (-38.6%), and petrochemicals (-27.9%). Among trading partners, shipments increased to Taiwan (123.3%), South Korea (62.9%), Thailand (41.5%), the US (36.7%), China (7.4%), and the EU (20.8%). Monthly, NODX fell 8.9%, reversing a 7.7% rise in May and marking the first monthly decline in six months. NODX grew 18.6% in H1 of 2026.
2026-07-17