Singapore’s non-oil domestic exports (NODX) rose 9.3% yoy in January 2026, accelerating from 6.1% in the prior month but missing market forecasts of 13.5%. The latest figure marked the fifth straight month of expansion in NODX, with exports of electronics quickening sharply (56.1% vs 24.9% in December) amid a low base a year ago and strong AI-related demand such as ICs (80.5%), disk media products (70.2%), and PCs (24.0%). In contrast, non-electronic NODX declined (- 3.0% vs 0.8%), dragged by specialised machinery (-15.6%), food preparations (-49.2%), and petrochemicals (-24.5%). NODX sales grew to China (37.1%), Hong Kong (34.0%), the EU (43.7%), Taiwan (34.2%), South Korea (31.6%), Malaysia (23.2%), and India (26.4%).In contrast, sales fell to the U.S. (-45.3%) and Indonesia (-16.9%). Monthly, NODX grew 0.7%, reversing a downwardly revised 8.8% rise in December. source: Statistics Singapore

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 9.30 percent in January from 6.10 percent in December of 2025. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 8.93 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 March of 2026.

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 9.30 percent in January from 6.10 percent in December of 2025. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore is expected to be -3.90 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 2.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-16 12:30 AM
Non-Oil Exports YoY
Dec 6.1% 11.5% 10% 14.0%
2026-02-16 12:30 AM
Non-Oil Exports YoY
Jan 9.3% 6.1% 13.5%
2026-03-17 12:30 AM
Non-Oil Exports YoY
Feb 9.3%


Related Last Previous Unit Reference
Balance of Trade 12534.00 4501.00 SGD Million Jan 2026
Capital Flows 16906.20 42057.80 SGD Million Dec 2025
Current Account 40236.00 28479.40 SGD Million Dec 2025
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Non-Oil Exports YoY 9.30 6.10 percent Jan 2026
Exports 75338.95 64066.38 SGD Million Jan 2026
External Debt 3007246.30 2962770.40 SGD Million Sep 2025
Foreign Direct Investment 58551.60 42184.70 SGD Million Dec 2025
Imports 62804.82 59565.44 SGD Million Jan 2026
Terms of Trade 97.17 99.18 points Jan 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
9.30 6.10 70.00 -34.90 1977 - 2026 percent Monthly
Not Seasonally Adjusted

News Stream
Singapore NODX Rises Less than Expected
Singapore’s non-oil domestic exports (NODX) rose 9.3% yoy in January 2026, accelerating from 6.1% in the prior month but missing market forecasts of 13.5%. The latest figure marked the fifth straight month of expansion in NODX, with exports of electronics quickening sharply (56.1% vs 24.9% in December) amid a low base a year ago and strong AI-related demand such as ICs (80.5%), disk media products (70.2%), and PCs (24.0%). In contrast, non-electronic NODX declined (- 3.0% vs 0.8%), dragged by specialised machinery (-15.6%), food preparations (-49.2%), and petrochemicals (-24.5%). NODX sales grew to China (37.1%), Hong Kong (34.0%), the EU (43.7%), Taiwan (34.2%), South Korea (31.6%), Malaysia (23.2%), and India (26.4%).In contrast, sales fell to the U.S. (-45.3%) and Indonesia (-16.9%). Monthly, NODX grew 0.7%, reversing a downwardly revised 8.8% rise in December.
2026-02-16
Singapore NODX Rises the Least in 4 Months
Singapore’s non-oil domestic exports (NODX) climbed 6.1% yoy in December 2025, easing from a downwardly revised 11.5% rise in November and falling below forecasts of a 10% gain. This marked the softest pace since August, when NODX declined, due to a slowdown in non-electronic export growth. Non-electronic exports grew 0.8% yoy, easing sharply from 11.1% growth in November, boosted by rises in mechanical handling equipment (415.8%), non-monetary gold (73.3%), and specialised machinery (5.4%). Meanwhile, electronic exports jumped 24.9%, following a 12.9% rise in November, due to a surge in shipments of telecommunications equipment (81.5%), disk media products (53.5%), and ICs (32.1%). Exports grew to Taiwan (24.3%), China (17.9%), Malaysia (13.3%), and South Korea (12.9%). Conversely, exports shrank to the US (-36.6%), Indonesia (-27.9%), and Japan (-26.4%). Monthly, NODX fell 9.4%, reversing a downwardly revised 6.6% gain in November and marking the steepest decline in seven months.
2026-01-16
Singapore NODX Growth Eases in November
Singapore’s non-oil domestic exports (NODX) increased 11.6% yoy in November 2025, slowing sharply from a downwardly revised 21.7% surge in October. This marked the third consecutive month of NODX growth, albeit at a softer pace, following its fastest pace since November 2021 in October. Electronic exports climbed 13.1%, following a 33.1% jump in October, due to a surge in shipments of PCs (48.0%), PCBs (26.8%), and ICs (22.9%). Meanwhile, non-electronic exports advanced 11.1% yoy, after a 18.1% growth in October, supported by rises in pharmaceuticals (369.8%), pumps (361.2%), and non-electronic engines & motors (123.2%). Exports to the US jumped 106%, rebounding sharply from a 12.5% drop in October. Shipments also grew to Taiwan (15.7%), South Korea (12.6%), Malaysia (6.5%), China (4.7%), and the EU (66.3%). By contrast, exports fell to Indonesia (-33.9%), Japan (-27.6%), and Hong Kong (-20.2%. Monthly, NODX grew by 6.8%, easing from a downwardly revised 8.8% gain in October.
2025-12-17