Singapore’s non-oil domestic exports (NODX) soared 68.4% year-on-year in September 2026, accelerating sharply from a downwardly revised 46.1% increase in August and far exceeding forecasts of 33.8%. It marked the 23rd consecutive month of expansion and the strongest growth on record, mainly driven by electronics exports, which surged 107.6% compared with 131.6% in August, supported by robust AI-related demand. Electronic exports were boosted by disk media products (312.4%), PCs (149.5%), and integrated circuits (ICs) (74.7%). Meanwhile, non-electronic exports growth accelerated to 54.2% from an 11.9% increase in August, due to higher shipments of non-monetary gold (124.3%) and specialised machinery (50.4%). Exports to nine of the 10 major markets increased, with shipments to Hong Kong surging 121.1%, while those to India fell 5.6%. On a monthly basis, NODX jumped 25.5% following a downwardly revised 10.8% increase in August, marking the fastest increase on record. source: Statistics Singapore

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 46.20 percent in August from 24.10 percent in July of 2026. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore averaged 9.21 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 October of 2026.

Domestic Exports of Non Oil (nodx) (%yoy) in Singapore increased to 46.20 percent in August from 24.10 percent in July of 2026. Domestic Exports of Non Oil (nodx) (%yoy) in Singapore is expected to be 33.00 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
2026-09-17 12:30 AM
Non-Oil Exports YoY
Aug 46.2% 24.1% 35%
2026-10-16 12:30 AM
Non-Oil Exports YoY
Sep 68.4% 46.1% 33.8% 41.9%
2026-11-17 12:30 AM
Non-Oil Exports YoY
Oct 68.4%


Related Last Previous Unit Reference
Balance of Trade 9038.07 13764.43 SGD Million Sep 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 68.40 46.10 percent Sep 2026
Exports 93172.31 88637.87 SGD Million Sep 2026
External Debt 3474309.90 3365471.10 SGD Million Jun 2026
Foreign Direct Investment 58619.50 51481.80 SGD Million Jun 2026
Imports 84134.24 74873.44 SGD Million Sep 2026
Terms of Trade 98.03 97.78 points Aug 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
68.40 46.10 70.00 -34.90 1977 - 2026 percent Monthly
Not Seasonally Adjusted

News Stream
Singapore NODX Growth Hits Record High
Singapore’s non-oil domestic exports (NODX) soared 68.4% year-on-year in September 2026, accelerating sharply from a downwardly revised 46.1% increase in August and far exceeding forecasts of 33.8%. It marked the 23rd consecutive month of expansion and the strongest growth on record, mainly driven by electronics exports, which surged 107.6% compared with 131.6% in August, supported by robust AI-related demand. Electronic exports were boosted by disk media products (312.4%), PCs (149.5%), and integrated circuits (ICs) (74.7%). Meanwhile, non-electronic exports growth accelerated to 54.2% from an 11.9% increase in August, due to higher shipments of non-monetary gold (124.3%) and specialised machinery (50.4%). Exports to nine of the 10 major markets increased, with shipments to Hong Kong surging 121.1%, while those to India fell 5.6%. On a monthly basis, NODX jumped 25.5% following a downwardly revised 10.8% increase in August, marking the fastest increase on record.
2026-10-16
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