News dalla rete ITA

19 Luglio 2019

Singapore

S'PORE EXPORTS REGISTER BIGGEST FALL IN OVER SIX YEARS

Singapore exports endured their biggest fall in more than six years amid the worsening global trade climate. Non-oil domestic exports (Nodx) fell by double-digits for the fourth straight month in June, with shipments in the key electronics sector sinking by around a third. Nodx slumped 17.3 per cent compared with a year ago, down from a revised 16.3 per cent fall in May, Enterprise Singapore said yesterday. It was the biggest year-on-year drop since February 2013. Electronic Nodx declined by 31.9 per cent last month, extending its 31.6 per cent drop in May. This was dragged down by shipments of integrated circuits, personal computers and disk media products. For non-electronic products, Nodx dropped 12.4 per cent, down from an 11.1 per cent fall, mainly due to declining shipments of nonmonetary gold, petrochemicals and pharmaceuticals. Exports to most of Singapore's top 10 markets fell last month, with shipments to Hong Kong, China and Europe leading the decline. (ICE SINGAPORE)


Fonte notizia: The Straits Times, 18 July 2019