MEDIA RELEASE
SINGAPORE'S EXTERNAL TRADE – January 20161
IMPORTANT: Unless otherwise stated, use of any information in this news
release must be attributed to International Enterprise (IE) Singapore.
To be embargoed till 08:30 am on Wednesday, 17 February 2016
MR No.: 003/16
Singapore, Wednesday, 17 February 2016
Highlights
•
On a year-on-year (y-o-y) basis, NODX declined by 9.9 per cent in January 2016, after
the 7.2 per cent decrease in the previous month, due to a contraction in both electronic
and non-electronic NODX.
•
On a y-o-y basis, NODX to all of the top 10 NODX markets, except the EU 28 and
Malaysia, contracted in January 2016. The top contributors to the NODX decline in
January 2016 were China, Taiwan and Hong Kong.
•
On a y-o-y basis, NORX contracted by 12.0 per cent in January 2016, compared to the
0.8 per cent increase in the previous month, due to the decline in both electronic and
non-electronic NORX.
1
Effective February 2014, data regarding the European Union (EU) shall be reported as EU 28 instead of EU 27, to
accommodate the recent accession of Croatia to the EU. All top products/countries which are stated to have contributed
towards the changes in trade figures are ranked by absolute change in level and not change in percentage.
International Enterprise Singapore is the government agency driving Singapore’s external economy.
The data in the media release is provided on an “as is” basis and is subject to updates. While every effort is
made to ensure that the data is accurate, it is provided by IE Singapore without any representation or warranty.
IE Singapore shall not be held responsible for any consequence arising from your reliance on any information
provided by us.
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
(I)
Overall Trend
1.
On a y-o-y basis, NODX declined by 9.9 per cent in January 2016, following the 7.2
per cent contraction in the previous month. On a 3-month moving average (3MMA) y-o-y basis,
NODX decreased by 6.9 per cent in January 2016, following a 3.5 per cent decline in the previous
month.
On a y-o-y basis, NODX contracted by 9.9 per cent in January 2016
Per cent
NODX, y-o-y growth
20
15
3-month moving average
10
5
0
-5
-10
-15
Jan 14
2.
Apr
Jul
Oct
Jan 15
Apr
Jul
Oct
Jan 16
On a month-on-month seasonally adjusted (m-o-m SA) basis, NODX grew by 0.7 per cent
in January 2016, in contrast to the previous month’s 2.6 per cent decrease, due to an expansion
in electronic NODX which outweighed the decline in non-electronic NODX. On a SA basis, the
level of NODX reached S$12.7 billion in January 2016, higher than the S$12.6 billion registered
in the previous month.
On a m-o-m SA basis, NODX grew by 0.7 per cent to reach S$12.7 billion in January 2016
S$ billion
NODX, seasonally adj. level
16
15
14
13
12
11
10
Jan 14
Apr
Jul
Oct
Jan 15
Apr
Jul
Oct
Jan 16
Page 2 of 21
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
3.
On a SA basis, non-oil retained imports of intermediate goods (NORI) decreased by
S$0.7 billion from S$4.4 billion in the previous month to reach S$3.7 billion in January 2016.
On a SA basis, NORI was at S$3.7 billion in January 2016
S$ billion
6
NORI, seasonally adj. level
5
4
3
2
1
Jan 14
(II)
Apr
Jul
Oct
Jan 15
Apr
Jul
Oct
Jan 16
Commentaries
(a) Performance of Key Trade Components
Total Trade
4.
On a y-o-y basis, total trade contracted by 14.4 per cent in January 2016, following the 8.4
per cent decline in the previous month. Total exports decreased by 15.1 per cent in January 2016,
following the 6.4 per cent contraction in the previous month. Total imports declined by 13.6
per cent in January 2016, following the 10.6 per cent decrease in the preceding month.
5.
On a m-o-m SA basis, total trade decreased by 5.1 per cent in January 2016, after a
1.7 per cent contraction in the previous month. On a SA basis, the level of total trade reached
S$66.4 billion in January 2016, lower than the previous month’s achievement of S$70.0 billion.
Total exports declined by 4.2 per cent in January 2016, following the 1.5 per cent decrease in the
previous month. Total imports contracted by 6.1 per cent in January 2016, after a 1.9 per cent
decline in the previous month.
Page 3 of 21
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
Total trade (y-o-y) contracted by 14.4 per cent
Total Trade, year-on-year growth
(Total Exports + Total Imports)
Per Cent
20
Total Imports
15
10
5
Total Exports
0
-5
-10
Total Trade
-15
-20
-25
Jan 14
Apr
Jul
Oct
Jan 15
Apr
Total trade (m-o-m SA) decreased by 5.1 per cent...
Total Trade, m-o-m SA growth
(Total Exports + Total Imports)
Per Cent
20
Jul
Oct
Jan 16
…to reach S$66.4 billion in January 2016
Total Trade, seasonally adj. level
(Total Exports + Total Imports)
S$ billion
100
Total Exports
15
90
Total Trade
80
10
Total Imports
70
60
5
Total Exports
50
0
40
30
-5
Total Imports
20
Total Trade
-10
Jan
14
Apr
Jul
10
Oct
Jan
15
Apr
Jul
Oct
Jan
16
Jan
14
Apr
Jul
Oct
Jan
15
Apr
Jul
Oct
Non-oil Domestic Exports (NODX)
6.
On a y-o-y basis, NODX decreased by 9.9 per cent in January 2016, following the 7.2
per cent decline in the previous month, due to a contraction in both electronic and non-electronic
NODX.
7.
Electronic products. On a y-o-y basis, electronic NODX declined by 0.6 per cent in
January 2016, after a 0.3 per cent decrease in the previous month. The contraction in electronic
domestic exports was largely due to ICs (-15.0 per cent), parts of PCs (-8.8 per cent) and
disk drives (-23.3 per cent).
Page 4 of 21
Jan
16
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
8.
Non-electronic products. On a y-o-y basis, non-electronic NODX contracted by 13.9
per cent in January 2016, following the 10.3 per cent decline in the previous month. The decrease
in non-electronic NODX was led by petrochemicals (-18.3 per cent), pumps (-72.3 per cent) and
primary chemicals (-45.8 per cent).
Electronic NODX declined by 0.6 per cent
…while non-electronic NODX contracted by
in January 2016 …
13.9 per cent
SA level NODX by Products: Electronics
(S$billion)
Per Cent
(Y-o-Y)
6
30
4
20
2
10
0
0
-2
-10
-4
-20
SA level NODX by Products: Non-Electronics Per Cent
(S$billion)
(Y-o-Y)
12
40
9
30
6
20
3
10
0
0
-3
-10
% Growth (RHS)
-6
% Growth (RHS)
-6
-30
Jan
14
Apr
Jul
Oct
Jan
15
Apr
Jul
Oct
-20
-9
-30
-12
Jan
16
-40
Jan
14
Apr
Jul
Oct
Jan
15
Apr
Jul
Oct
Jan
16
Oil Domestic Exports
9.
On a y-o-y basis, oil domestic exports decreased by 34.5 per cent in January 2016, after
the preceding month’s 24.9 per cent contraction. The y-o-y decline of oil domestic exports was
mainly due to lower sales to Malaysia (-33.8 per cent), Indonesia (-42.2 per cent) and Australia
(-54.2 per cent). In volume terms, oil domestic exports decreased by 11.0 per cent in January
2016, compared to the 10.3 per cent expansion in the previous month. On a m-o-m SA basis, oil
domestic exports contracted by 15.3 per cent in January 2016, after a 3.9 per cent decline in the
previous month.
Non-oil Re-exports (NORX)
10.
On a y-o-y basis, NORX declined by 12.0 per cent in January 2016, compared to the 0.8
per cent growth in the previous month, due to a decrease in both electronic and non-electronic
NORX. On a 3MMA y-o-y basis, NORX contracted by 3.4 per cent in January 2016, in contrast to
a 2.8 per cent expansion in the preceding month.
Page 5 of 21
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
On a y-o-y basis, NORX declined by 12.0 per cent in January 2016
NORX, y-o-y growth
Per cent
28
23
3-month moving average
18
13
8
3
-2
-7
-12
-17
Jan 14
11.
Apr
Jul
Oct
Jan 15
Apr
Jul
Oct
Jan 16
On a y-o-y basis, electronic NORX decreased by 15.0 per cent in January 2016, following
a 3.5 per cent decline in the previous month. The contraction in electronic NORX was due to ICs
(-22.9 per cent), parts of PCs (-16.3 per cent) and parts of ICs (-29.0 per cent).
12.
On a y-o-y basis, non-electronic NORX declined by 8.4 per cent in January 2016,
compared to the 5.8 per cent growth in the previous month. The contraction in non-electronic
NORX was due to nickel (-58.0 per cent), non-monetary gold (-85.5 per cent) and piston engines
(-38.3 per cent).
13.
On a m-o-m SA basis, NORX contracted by 3.4 per cent in January 2016, after a 1.7
per cent contraction in the previous month, due to a decrease in both electronic and non-electronic
NORX. On a SA basis, the level of NORX reached S$18.8 billion in January 2016, lower than the
S$19.4 billion registered in the preceding month.
On a m-o-m SA basis, NORX declined by 3.4 per cent to reach S$18.8 billion in January 2016
S$ billion
NORX, seasonally adj. level
21
20
19
18
17
16
15
14
13
12
Jan 14
Apr
Jul
Oct
Jan 15
Apr
Jul
Oct
Jan 16
Page 6 of 21
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
14.
NORX to all of the top 10 NORX markets, except the EU 28 and the US, declined in
January 2016. The top three contributors to the NORX contraction in January 2016 were
Hong Kong (-18.4 per cent), China (-12.5 per cent) and Taiwan (-26.7 per cent).
(b) Non-Oil Domestic Export Markets
Overview2
15.
NODX to all of the top 10 NODX markets, except the EU 28 and Malaysia, contracted in
January 2016. The top contributors to the NODX decline in January 2016 were China, Taiwan
and Hong Kong.
China was the top contributor to the NODX
contraction in January 2016 …
SA level
(S$billion)
… followed by Taiwan and Hong Kong.
NODX by Market: China
Per Cent
(Y-o-Y)
Per Cent
2.5
50
50
2.0
40
40
1.5
30
30
NODX by Markets: Taiwan and
Hong Kong
Taiwan
Hong Kong
20
1.0
20
0.5
10
0.0
0
-10
-10
-20
-20
-30
10
-0.5
-1.0
% Growth (RHS)
-30
-1.5
Jan
14
16.
Apr
Jul
Oct
Jan
15
Apr
Jul
Oct
Jan
16
0
-40
Jan
14
Apr
Jul
Oct
Jan
15
Apr
Jul
Oct
NODX to China declined by 25.2 per cent in January 2016, following the previous month’s
decrease of 18.7 per cent, led by pumps (-96.9 per cent), petrochemicals (-24.4 per cent) and
primary chemicals (-58.3 per cent). NODX to Taiwan contracted by 26.5 per cent in January 2016,
following the 17.1 per cent decline in the preceding month, due to ICs (-37.2 per cent),
petrochemicals (-46.6 per cent) and metal manufactures (-78.1 per cent). NODX to Hong Kong
decreased by 9.6 per cent in January 2016, compared to the 6.3 per cent growth in the preceding
month, due to ICs (-22.2 per cent), disk media products (-57.3 per cent) and electrical machinery
(-47.7 per cent).
2
All growth rates quoted in the following analysis refer to year-on-year growth rates unless otherwise stated.
Page 7 of 21
Jan
16
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
Non-oil Domestic Exports to Top Markets (% Growth)
NODX
Electronic NODX
Non-Electronic NODX
Top Market
17.
Dec 2015
Jan 2016
Dec 2015
Jan 2016
Dec 2015
Jan 2016
China
-18.7
-25.2
-0.4
-10.1
-25.2
-31.8
Taiwan
-17.1
-26.5
-35.7
-33.1
11.4
-13.2
Hong Kong
6.3
-9.6
10.3
-11.0
-2.9
-6.2
Indonesia
-12.3
-11.4
-17.0
-8.6
-11.7
-11.7
Japan
14.7
-9.3
26.6
13.6
8.7
-16.9
South Korea
-25.8
-14.8
-25.8
-11.9
-25.9
-16.3
US
12.8
-5.1
6.2
5.6
15.5
-9.1
Thailand
-8.8
-1.3
-15.6
2.3
-4.2
-3.8
Malaysia
-5.1
2.8
5.5
32.1
-10.3
-12.2
EU 28
-2.9
14.3
0.1
25.1
-3.6
12.4
Emerging markets3 – NODX to emerging markets contracted by 19.2 per cent in January
2016, following the 10.0 per cent decrease in the previous month. The decline in NODX to the
emerging markets was due mainly to Latin America (-79.2 per cent), the Middle East
(-24.0 per cent) and the Eastern & Southern Europe (non-EU) (-25.7 per cent).
_____________________________________
For media enquiries, please contact:
Ms Foo Xiao Xuan, Manager, Corporate Communications Group, IE Singapore
Tel: +65 6433 4400
Fax: +65 6337 6898
Email: foo_xiao_xuan@iesingapore.gov.sg
Editors kindly note:
Trade statistics released by IE Singapore are proprietary data and therefore copyright belongs
to IE Singapore. Any use of the information provided herein must therefore be attributed to IE
Singapore.
StatLink
Online reports listing 5-year data (values & volumes) on Singapore's trade in terms of countries
and commodities
3
Consisting of the Caribbean, Central Asia, CLMV (Cambodia, Laos, Myanmar and Viet Nam), Eastern &
Southern Europe (non-EU), Latin America, the Middle East, South Asia and South Africa; the list of emerging
markets has been updated.
Page 8 of 21
IE Media Release 17 February ‘16
Unless otherwise stated, use of any information in this news release must be attributed to IE Singapore
https://statlink.iesingapore.gov.sg
About International Enterprise Singapore
International Enterprise (IE) Singapore is the government agency driving Singapore’s external
economy. We spearhead the overseas growth of Singapore-based companies and promote
international trade. Our vision is a thriving business hub in Singapore with Globally Competitive
Companies and leading international traders.
IE Singapore attracts global commodities traders to establish their global or Asian home base in
Singapore. Today, Singapore is a thriving trading hub with a complete ecosystem for the energy,
agri-commodities and metals & minerals trading clusters.
Through our Global Company Partnership and Market Readiness Assistance, we also work with
Singapore-based companies in their various stages of growth towards being globally competitive.
Our global network of overseas centres in over 35 locations provides the necessary connections
in many developed and emerging markets. Visit www.iesingapore.com for more information.
Page 9 of 21
TABLE 1: SINGAPORE'S EXTERNAL TRADE
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Percentage change over
the same month of the
previous year
In Nominal Terms (At current prices)
Million Dollars
Nov-15
Dec-15
Jan-16
3-month moving average percentage
change over the same month of the
previous year
TOTAL TRADE
69,439.5
71,543.6
64,708.1
-6.8
-8.4
-14.4
-8.2
-7.7
-9.9
EXPORTS
37,175.3
38,350.9
35,388.4
-7.6
-6.4
-15.1
-6.5
-5.7
-9.8
DOMESTIC EXPORTS
Oil
Non-oil
17,061.1
4,962.7
12,098.4
17,798.5
4,949.0
12,849.4
16,359.0
4,060.1
12,298.9
-14.1
-32.4
-3.4
-12.9
-24.9
-7.2
-17.6
-34.5
-9.9
-13.4
-34.9
-0.3
-12.9
-29.9
-3.5
-14.8
-30.6
-6.9
RE-EXPORTS
Oil
Non-oil
20,114.2
482.4
19,631.8
20,552.4
788.1
19,764.3
19,029.4
511.3
18,518.0
-1.3
-54.4
1.6
0.0
-16.4
0.8
-12.8
-34.2
-12.0
0.6
-35.2
2.3
1.4
-27.7
2.8
-4.9
-35.9
-3.4
IMPORTS
Oil
Non-oil
32,264.2
5,790.8
26,473.3
33,192.6
5,539.5
27,653.1
29,319.8
4,646.7
24,673.1
-10.0
-43.9
4.6
-9.9
-40.0
1.2
-10.0
-36.0
-2.0
TOTAL TRADE
83,424.6
89,913.3
81,582.2
-5.8
-10.6
-13.6
-35.0
-33.8
-39.4
4.5
-3.9
-6.1
In Real Terms (At 2012 prices)
2.0
0.4
-11.2
1.6
1.2
-3.2
EXPORTS
43,282.7
46,615.8
42,777.4
-0.6
1.4
-11.9
1.1
1.8
-3.9
DOMESTIC EXPORTS
Oil
Non-oil
22,202.3
9,985.4
12,216.9
24,280.7
11,222.3
13,058.4
22,481.2
10,049.7
12,431.5
0.3
5.9
-3.9
0.2
10.3
-7.1
-11.0
-11.0
-11.0
1.2
5.3
-1.8
1.0
8.0
-4.1
-3.7
1.2
-7.4
RE-EXPORTS
Oil
Non-oil
21,080.4
1,079.1
20,001.3
22,335.1
2,085.0
20,250.1
20,296.2
1,469.4
18,826.8
-1.5
-24.8
0.2
2.8
32.9
0.4
-12.9
-10.6
-13.1
1.1
13.0
0.4
2.6
19.7
1.5
-4.1
-0.3
-4.4
IMPORTS
40,141.8
43,297.4
38,804.9
Oil
12,954.9
14,654.9
13,352.5
Non-oil
27,186.9
28,642.5
25,452.4
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
5.0
7.3
3.9
-0.6
5.2
-3.4
-10.5
-17.6
-6.2
2.1
-0.8
3.6
0.6
0.3
0.8
-2.3
-3.0
-2.0
Page 10 of 21
TABLE 2: SINGAPORE'S EXTERNAL TRADE (SEASONALLY ADJUSTED DATA)
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Percentage change over
the previous month
Million Dollars
Nov-15
Dec-15
Jan-16
3-month moving average percentage
change over the previous month
In Nominal Terms (At current prices)
TOTAL TRADE
71,183.1
69,979.9
66,420.9
-3.6
-1.7
-5.1
-0.7
-1.0
-3.4
EXPORTS
38,261.4
37,693.6
36,099.0
-4.6
-1.5
-4.2
-0.4
-0.5
-3.4
DOMESTIC EXPORTS
Oil
Non-oil
17,997.3
5,020.6
12,976.6
17,465.9
4,824.5
12,641.5
16,817.1
4,086.3
12,730.9
-5.4
-11.2
-2.9
-3.0
-3.9
-2.6
-3.7
-15.3
0.7
-2.1
-6.3
-0.3
-2.2
-2.9
-1.9
-4.0
-10.1
-1.6
RE-EXPORTS
Oil
Non-oil
20,264.1
482.4
19,781.8
20,227.6
788.1
19,439.5
19,281.9
495.2
18,786.7
-3.9
-39.9
-2.4
-0.2
63.4
-1.7
-4.7
-37.2
-3.4
1.2
-10.5
1.6
1.1
8.2
0.8
-2.9
-14.8
-2.5
IMPORTS
Oil
Non-oil
32,921.7
5,793.8
27,127.9
32,286.4
5,475.2
26,811.2
30,321.9
4,675.5
25,646.4
-2.4
-13.0
0.2
-1.9
-5.5
-1.2
-6.1
-14.6
-4.3
-1.1
-7.0
0.4
-1.5
-6.4
-0.3
-3.5
-11.1
-1.8
NON-OIL RETAINED
IMPORTS
Of Intermediate Goods
4,146.8
4,420.6
3,704.4
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 11 of 21
TABLE 3: SINGAPORE'S DOMESTIC EXPORTS BY COUNTRY
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Percentage change over the same
Million Dollars
month of the
previous year
In Nominal Terms (At current prices)
17,061.1
17,798.5
16,359.0
-14.1
-12.9
-17.6
Nov-15
TOTAL
-18.5
-6.4
-7.2
-28.9
-10.1
11.1
-22.2
16.9
-9.0
-1.8
-13.4
-12.9
-14.8
-27.2
-14.9
11.7
-25.7
-16.8
-3.5
-28.5
-9.9
-38.7
-2.0
-13.1
-18.1
-10.1
-29.6
-14.5
7.3
-13.5
11.6
-17.2
-4.2
-15.0
-13.8
-8.0
-27.6
-14.8
10.4
-17.0
11.7
-24.0
-1.7
-20.9
-11.3
-1.0
-24.9
-17.6
5.9
-20.0
2.6
-24.7
1.2
-19.8
-0.9
-23.1
-9.6
-0.5
-11.3
-10.2
5.2
-12.9
-17.8
7.3
-21.9
-11.0
1.2
1.0
-3.7
CHINA
MALAYSIA
EU-28
INDONESIA
HONG KONG
UNITED STATES
TAIWAN
JAPAN
AUSTRALIA
THAILAND
2,161.9
1,905.1
1,548.4
1,367.0
1,234.2
1,233.5
779.3
786.4
595.7
668.9
2,192.5
2,016.5
2,003.8
1,182.9
1,477.0
1,352.6
785.8
926.3
700.6
606.1
1,871.4
1,784.6
2,459.6
1,060.4
1,259.2
1,204.1
667.2
749.6
503.6
666.7
EMERGING MARKETS 1/
INDIA
OTHERS
2,914.4
498.1
2,416.2
2,728.9
534.0
2,194.9
2,465.4
452.0
2,013.4
22,202.3
24,280.7
CHINA
MALAYSIA
EU-28
INDONESIA
HONG KONG
UNITED STATES
TAIWAN
JAPAN
AUSTRALIA
THAILAND
2,504.2
2,829.6
1,915.5
2,001.9
1,566.7
1,301.7
789.2
828.3
922.8
738.7
2,633.2
3,261.4
2,429.4
1,822.3
1,957.0
1,423.5
799.9
1,055.7
1,161.2
724.1
2,256.4
2,778.0
2,971.2
1,647.3
1,798.7
1,315.9
693.5
810.6
828.8
761.3
-10.7
13.0
3.5
0.1
-16.8
12.7
-9.9
2.6
-1.6
14.1
-10.1
18.9
1.3
-15.4
-1.8
11.4
-24.8
26.6
15.2
11.0
-23.6
-5.8
18.0
-17.3
-8.2
-0.9
-29.4
-8.6
-32.1
1.5
-5.1
6.7
0.2
-10.0
-1.5
10.6
-15.8
16.6
0.0
-0.1
-6.9
10.9
1.6
-10.3
-4.3
12.9
-19.2
19.7
-2.3
5.9
-14.9
8.2
8.1
-11.0
-8.8
7.4
-21.9
6.6
-8.0
8.5
EMERGING MARKETS 1/
INDIA
OTHERS
4,015.7
575.0
3,440.8
4,093.2
609.0
3,484.2
3,896.2
558.2
3,338.0
3.3
25.4
0.4
-2.8
15.4
-5.4
-5.3
8.7
-7.3
9.6
9.8
9.6
7.0
14.4
5.9
-1.7
16.2
-4.2
TOTAL
-17.3
-12.6
-9.6
-20.3
-25.6
10.8
-8.2
1.5
-25.5
7.6
Nov-15
Dec-15
Jan-16
3-month moving average percentage
change over the same month of the
previous year
-15.0
-19.0
13.7
9.4
-19.2
-23.8
In Real Terms (At 2012 prices)
22,481.2
0.3
0.2
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
1/: Emerging markets include the Caribbean, Central Asia, CLMV, Eastern & Southern Europe (non-EU), Latin America, the Middle East, South Asia and South Africa; the
list of emerging markets has been updated.
Page 12 of 21
TOTAL
TABLE 4: SINGAPORE'S NON-OIL DOMESTIC EXPORTS BY COUNTRY
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Percentage change over the same
3-month moving average percentage
Million Dollars
month of the
change over the same month of the
previous year
previous year
In Nominal Terms (At current prices)
12,098.4
12,849.4
12,298.9
-3.4
-7.2
-9.9
-0.3
-3.5
-6.9
CHINA
EU 28
UNITED STATES
MALAYSIA
HONG KONG
TAIWAN
JAPAN
INDONESIA
THAILAND
KOREA, REP OF
1,852.4
1,204.1
1,162.5
1,003.9
899.5
766.7
752.7
755.5
604.2
435.8
1,873.2
1,703.0
1,296.1
1,049.1
1,094.6
774.6
854.1
695.5
520.7
505.9
1,620.5
2,149.3
1,124.9
1,116.3
887.6
647.0
711.8
677.8
607.6
419.4
EMERGING MARKETS 1/
INDIA
OTHERS
1,859.3
436.6
1,422.7
1,678.4
487.4
1,191.0
1,512.7
392.5
1,120.2
12,216.9
13,058.4
CHINA
EU 28
UNITED STATES
MALAYSIA
HONG KONG
TAIWAN
JAPAN
INDONESIA
THAILAND
KOREA, REP OF
1,881.5
1,222.8
1,158.9
1,016.5
893.4
763.9
760.5
771.4
608.5
441.9
1,909.3
1,747.3
1,295.5
1,067.7
1,089.9
774.4
892.1
717.1
530.6
512.4
1,635.2
2,202.9
1,119.7
1,123.8
879.0
643.3
717.0
700.2
615.1
423.9
-8.9
-5.8
8.1
-9.1
-6.7
-5.5
5.5
-1.1
5.5
0.2
EMERGING MARKETS 1/
INDIA
OTHERS
1,892.9
451.1
1,441.8
1,711.0
503.2
1,207.8
1,537.8
410.9
1,126.9
-1.7
13.2
-5.6
TOTAL
-9.1
-6.2
10.8
-8.9
-4.2
-3.7
6.3
-1.3
6.7
0.5
-18.7
-2.9
12.8
-5.1
6.3
-17.1
14.7
-12.3
-8.8
-25.8
-25.2
14.3
-5.1
2.8
-9.6
-26.5
-9.3
-11.4
-1.3
-14.8
-10.3
-2.1
3.8
-4.4
0.9
-8.8
11.5
-4.5
1.1
-10.6
-12.3
-2.3
8.6
-6.5
0.7
-12.9
8.7
-6.4
-3.3
-16.7
-17.9
2.8
5.9
-3.8
-2.3
-16.2
3.6
-8.4
-1.2
-15.4
-19.2
-3.2
-23.6
10.0
-0.3
13.3
5.7
7.1
5.3
-10.5
7.3
-15.4
-11.0
-1.8
-4.1
-7.4
-18.3
-1.4
10.5
-4.9
4.3
-18.2
17.4
-11.4
-8.7
-26.0
-26.1
13.8
-7.7
1.3
-11.3
-27.4
-10.6
-11.0
-2.6
-15.5
-11.2
-2.0
0.3
-5.7
-2.8
-11.7
9.6
-4.6
-0.6
-12.2
-12.4
-1.5
5.8
-7.0
-2.0
-14.7
8.7
-5.9
-4.2
-17.3
-18.0
3.3
3.4
-4.2
-4.4
-17.4
3.8
-7.9
-2.0
-15.7
-9.6
14.7
-16.9
-20.1
-2.4
-25.1
10.0
1.2
12.9
6.1
8.9
5.3
-10.5
8.5
-15.8
-2.4
-10.0
11.5
13.2
-6.0
-16.9
In Real Terms (At 2012 prices)
12,431.5
-3.9
-7.1
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
1/: Emerging markets include the Caribbean, Central Asia, CLMV, Eastern & Southern Europe (non-EU), Latin America, the Middle East, South Asia and South Africa; the list of
emerging markets has been updated.
Page 13 of 21
TABLE 5A: DOMESTIC EXPORTS BY MAJOR COMMODITY
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
SITC
COMMODITY
Percentage change over the same
month of the previous year
Million Dollars
TOTAL
0
1
2
3
4
5
6
7
752
759
764
772
776
778
8
9
Food
Beverages & Tobacco
Crude Materials1
Mineral Fuels
Animals & Vegetable Oils & Fats
Chemicals & Chemical Products
Manufactured Goods By Material2
Machinery & Transport Equipment
Data Processing Machines3
Parts for Office & DP Machines4
Information Communications Equipment5
Electrical Circuit Switches & Resistors6
Electronic Valves7
Electrical Machinery & Apparatus8
Miscellaneous Manufactured Articles9
Miscellaneous Transactions nes10
Nov-15
Dec-15
Jan-16
3-month moving average percentage
change over the same month of the
previous year
17,061.1
17,798.5
16,359.0
-14.1
-12.9
-17.6
-13.4
-12.9
-14.8
441.8
85.1
163.7
4,962.7
12.1
3,309.0
489.6
5,710.8
504.6
263.9
348.6
227.4
2,173.9
244.1
1,736.0
150.3
516.4
52.5
219.8
4,949.0
12.8
3,229.1
479.1
6,425.4
913.9
305.5
380.0
222.5
2,065.9
262.2
1,724.0
190.3
423.1
100.3
151.6
4,060.1
13.0
3,836.9
492.5
5,587.9
642.8
280.5
327.0
205.8
2,181.2
240.8
1,526.3
167.4
-18.9
24.0
3.3
-32.4
-29.0
-5.4
-23.6
0.2
1.6
-13.7
29.0
-2.5
-1.6
-12.8
4.2
-33.1
-1.8
-19.3
15.3
-24.9
-21.4
-14.1
-17.3
-2.2
16.7
-17.3
34.0
-5.9
-7.5
-27.1
-8.5
-26.4
-9.5
5.2
-18.6
-34.5
-8.3
-8.3
-8.9
-10.8
28.1
-11.8
64.8
-13.5
-11.3
-20.3
-7.1
-35.7
-4.7
50.3
-3.5
-34.9
-25.0
-1.7
-10.6
1.7
11.3
-15.5
36.6
-3.5
-3.2
-6.9
3.1
-30.9
-6.1
25.1
3.3
-29.9
-22.7
-2.8
-14.4
-2.9
7.9
-15.7
35.3
-3.8
-5.3
-15.8
-1.1
-29.1
-10.2
3.9
0.0
-30.6
-20.2
-9.3
-17.0
-4.4
15.7
-14.4
40.3
-7.3
-7.0
-20.7
-4.0
-31.7
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
1 includes
oil seeds and palm nuts, natural rubber, wood, textile fibres and metallic ores.
2 includes
leather goods, rubber products, paper products, fabrics, cements and construction materials, and metal based products (e.g. hand tools).
3 includes
computers, disk drives, tape drives, computer monitors, computer keyboards and peripheral units and accessories.
4 includes
ink cartridges, PCBAs (e.g. motherboards, sound cards, interface cards) and plastic casings and other parts and accessories for computers.
5 includes
pagers, cellular/hand phones, Television cameras, video cameras and recorders, radar and navigational equipment, radio remote controls, satellite discs, and parts for these products.
6 includes
blank printed circuit boards, circuit breakers, fuses, switches, connectors, switchboards and control panels and parts for these products.
7 includes
integrated circuits (ICs), semiconductors, CTV picture tubes, CR tubes for computer monitor, TV camera tubes, microwave tubes, and parts for these products.
8 includes
signal generators, ion particle accelerator for semiconductor industry, electroplating or electrolysis machines, batteries, capacitors, spark plugs, light bulbs & tubes and parts for these products.
9 includes
jewellery, optical fibres, contact and spectacle lenses, photo-copying machines, photographic cameras and flashlight apparatus, projectors, scientific and medical instruments,
clocks and watches, musical instruments, furnitures, mattresses, toys and games and lighting fixtures.
10
includes postal packages, personal effects, returned goods and stores and parts imported or exported direct for company’s own use.
NOTE: Please see Table 5B for data on top electronic and non-electronic products.
Page 14 of 21
TABLE 5B: SINGAPORE'S NON-OIL DOMESTIC EXPORTS BY MAJOR PRODUCT
Nov-15
Dec-15
Jan-16
Nov-15
Dec-15
Jan-16
Nov-15
Percentage change over
the same month of the
previous year
Million Dollars
Non-oil Domestic Exports
Dec-15
Jan-16
3-month moving average percentage
change over the same month
of the previous year
12,098.4
12,849.4
12,298.9
-3.4
-7.2
-9.9
-0.3
-3.5
-6.9
Electronic Products
3,871.3
4,280.0
4,049.4
0.6
-0.3
-0.6
0.9
-1.0
-0.1
Major 5 Products
3,128.0
3,496.3
3,335.1
-1.7
-1.9
-3.8
1.5
-2.9
-2.5
1,769.1
1,653.6
1,734.8
-3.5
-11.3
-15.0
0.5
-7.4
-10.1
PCs
338.1
737.8
501.8
3.4
23.7
50.8
10.4
10.8
25.6
Parts of PCs1
324.8
386.2
355.0
-10.2
-13.0
-8.8
-11.5
-11.9
-10.8
Disk Media Products2
387.2
407.3
395.4
4.8
6.3
5.1
6.0
2.9
5.4
308.9
311.4
348.1
6.4
11.9
6.5
9.0
10.9
8.2
743.3
783.6
714.3
11.6
7.8
18.0
-1.4
7.9
12.1
8,227.0
8,569.5
8,249.5
-5.1
-10.3
-13.9
-0.9
-4.6
-10.0
3,309.0
3,229.1
3,836.9
-5.4
-14.1
-8.3
-1.7
-2.8
-9.3
Pharmaceuticals4
1,036.8
1,122.2
1,864.2
-12.5
-9.9
6.9
14.0
8.7
-3.6
Petrochemicals5
1,262.1
1,129.0
1,025.5
-4.0
-17.5
-18.3
-11.3
-10.2
-13.3
ICs
Diodes and
Transistors3
Others
Non-Electronic Products
Total Chemicals
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
1
includes products under SITC 75993, 75997, 75197, 75280, 76493
products under SITC 89842, 89844, 89846, 89849
3 includes products under SITC 7763, 77681 and HS 85419000
4 includes products under SITC 514, 515, 54 and 516
5 includes products under SITC 511 and 57
2 includes
Page 15 of 21
TABLE 6: SINGAPORE EXTERNAL TRADE BY COUNTRY ORIGIN AND DESTINATION
S$ MILLION
COUNTRY OF ORIGIN
OR DESTINATION
TOTAL ALL COUNTRY
AMERICA
ANTIGUA AND BARBUDA
ARGENTINA
BAHAMAS
BERMUDA
BRAZIL
CANADA
CHILE
COLOMBIA
COSTA RICA
CUBA
DOMINICAN REP
ECUADOR
EL SALVADOR
GUATEMALA
GUYANA
HONDURAS
JAMAICA
MEXICO
NETHERLANDS ANTILLES
PANAMA
PARAGUAY
PERU
PUERTO RICO
ST. VINCENT AND THE
GRENADINES
TRINIDAD AND TOBAGO
UNITED STATES
UNITED STATES VIRGIN
ISLANDS
URUGUAY
VENEZUELA
OC AMERICA
IMPORTS CIF
EXPORTS FOB
2015
Jan
2016
Jan
2015
Jan
2016
Jan
33,930.3
29,319.8
41,672.6
35,388.4
4,747.1
3,808.2
3,750.0
3,245.7
0.0
9.7
0.0
0.0
159.1
145.3
10.4
91.0
13.1
0.6
4.2
0.6
0.1
0.8
0.0
0.0
0.1
277.1
0.7
0.5
0.6
6.1
11.9
0.0
0.0
16.7
0.0
0.0
111.0
146.3
10.9
0.6
6.1
2.4
2.9
0.6
0.4
2.1
0.0
0.2
0.1
210.5
1.1
0.3
0.1
3.4
26.8
0.0
25.6
13.6
77.4
23.6
195.3
129.9
9.0
7.5
2.5
0.0
1.0
3.5
1.3
1.8
0.3
0.1
0.2
116.1
45.6
769.9
1.4
15.1
3.1
5.0
16.3
14.1
52.7
13.1
101.4
129.5
4.5
5.7
2.9
0.0
0.7
2.5
0.4
1.2
0.2
0.3
0.3
125.2
1.8
353.3
0.9
5.2
135.8
3.3
0.0
3,819.3
0.0
0.1
3,122.6
0.0
2.2
2,275.0
0.0
2.1
2,254.4
0.3
1.1
191.3
2.2
122.6
3.8
7.0
2.2
4.1
3.3
18.1
13.0
11.5
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 16 of 21
TABLE 6: SINGAPORE EXTERNAL TRADE BY COUNTRY ORIGIN AND DESTINATION
S$ MILLION
COUNTRY OF ORIGIN
OR DESTINATION
ASIA
AFGHANISTAN
BAHRAIN
BANGLADESH
BRUNEI
CAMBODIA
CHINA
CHRISTMAS ISLAND
HONG KONG
INDIA
INDONESIA
IRAN
IRAQ
ISRAEL
JAPAN
JORDAN
KAZAKHSTAN
KOREA, DEM PEO REP OF
KOREA, REP OF
KUWAIT
LAO
LEBANON
MACAO
MALAYSIA
MALDIVES
MONGOLIA
MYANMAR
NEPAL
OMAN
PAKISTAN
PHILIPPINES
QATAR
SAUDI ARABIA
SRI LANKA
SYRIA
TAIWAN
THAILAND
TURKEY
UNITED ARAB EMIRATES
VIET NAM
YEMEN
OC ASIA
IMPORTS CIF
EXPORTS FOB
2015
Jan
2016
Jan
2015
Jan
2016
Jan
22,677.2
19,945.3
31,471.7
26,251.1
0.0
20.2
19.8
3.6
16.7
4,951.0
0.0
276.2
703.9
1,837.7
1.5
0.0
83.9
1,915.0
0.4
0.2
0.0
1,630.7
356.5
1.3
0.1
1.5
3,964.2
0.0
0.2
10.8
0.4
3.8
18.8
486.5
390.9
962.0
27.3
0.0
2,585.6
861.5
50.7
1,034.7
458.4
0.3
0.0
3.2
18.1
7.9
16.2
4,706.7
0.1
286.2
589.1
1,273.8
1.7
44.9
72.0
1,675.2
3.3
0.2
0.0
1,744.0
131.8
0.2
0.4
0.7
3,310.0
0.0
0.0
16.6
0.9
14.5
4.8
556.8
183.5
1,043.2
9.0
0.1
2,541.9
712.8
54.4
614.8
304.9
0.4
1.5
8.7
218.7
87.1
95.1
5,837.9
0.0
4,982.8
1,120.7
3,312.7
21.6
4.6
45.2
1,835.7
4.1
3.3
1.8
1,867.8
18.8
4.2
4.4
22.1
4,469.0
20.9
4.2
308.5
8.0
10.2
123.8
794.8
18.4
147.7
172.9
1.0
1,753.8
1,652.0
55.8
686.2
1,621.9
4.0
2.8
8.6
227.8
83.4
90.4
4,702.4
0.2
4,096.3
1,000.4
2,772.7
6.7
6.4
44.9
1,572.2
2.2
1.7
4.8
1,602.1
15.6
9.6
4.4
14.7
3,874.1
25.1
3.9
327.9
4.2
20.3
86.3
718.0
11.6
88.6
119.2
1.1
1,269.0
1,564.5
67.2
458.7
1,328.2
1.0
0.8
1.0
119.8
12.0
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 17 of 21
TABLE 6: SINGAPORE EXTERNAL TRADE BY COUNTRY ORIGIN AND DESTINATION
S$ MILLION
COUNTRY OF ORIGIN
OR DESTINATION
IMPORTS CIF
EXPORTS FOB
2015
Jan
2016
Jan
2015
Jan
2016
Jan
EUROPE
5,700.6
4,880.5
3,721.9
3,989.8
AUSTRIA
BELARUS
BELGIUM
BULGARIA
CROATIA
CYPRUS
CZECH REP
DENMARK
ESTONIA
FINLAND
FRANCE
GERMANY
GREECE
HUNGARY
IRELAND
ITALY
LATVIA
LITHUANIA
LUXEMBOURG
MALTA
NETHERLANDS
NORWAY
POLAND
PORTUGAL
ROMANIA
RUSSIA
SLOVAKIA
SLOVENIA
SPAIN
SVALBARD AND JAN MAYEN
ISLANDS
SWEDEN
SWITZERLAND
UKRAINE
UNITED KINGDOM
144.1
20.8
170.0
42.5
0.8
1.3
27.7
61.0
2.2
39.5
853.4
1,004.3
8.0
24.2
82.4
574.7
1.9
25.7
4.2
32.7
338.0
200.8
55.4
15.8
6.9
718.3
4.8
4.9
99.2
0.0
119.2
0.3
111.7
21.2
1.2
0.7
27.5
39.5
4.6
32.6
768.1
905.8
14.1
149.6
85.5
612.3
2.3
3.4
3.7
20.4
279.4
102.4
38.1
22.6
7.6
314.7
4.9
5.6
84.4
0.0
8.1
0.0
805.1
3.5
2.3
35.9
60.5
22.4
1.1
15.3
330.9
602.5
70.4
15.7
41.0
67.9
1.4
1.6
12.0
102.5
661.5
35.7
26.9
20.1
6.4
33.1
4.0
3.8
26.1
0.0
10.1
0.1
1,062.6
5.6
2.0
24.1
68.1
27.1
0.4
8.5
362.0
752.4
49.2
25.9
48.3
53.4
0.4
0.7
4.9
95.5
802.7
42.6
20.6
12.9
8.7
31.3
1.9
3.2
25.9
0.0
173.2
372.6
1.0
583.0
107.0
397.3
1.5
585.6
19.2
252.1
1.5
402.0
17.3
130.6
0.5
271.6
5.0
5.5
29.6
18.5
OC EUROPE
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 18 of 21
TABLE 6: SINGAPORE EXTERNAL TRADE BY COUNTRY ORIGIN AND DESTINATION
.
COUNTRY OF ORIGIN
OR DESTINATION
S$ MILLION
IMPORTS CIF
EXPORTS FOB
2015
Jan
2016
Jan
2015
Jan
2016
Jan
OCEANIA
438.0
401.4
1,940.0
1,472.3
ANTARCTICA
AUSTRALIA
FIJI
FRENCH POLYNESIA
GUAM
MARSHALL ISLANDS
NEW CALEDONIA
NEW ZEALAND
NORTHERN MARIANA ISLANDS
PAPUA NEW GUINEA
SAMOA
SOLOMON ISLANDS
0.0
356.6
0.4
0.6
0.1
0.0
0.1
71.4
0.0
8.6
0.0
0.0
0.0
305.4
0.4
0.2
0.2
0.0
0.0
58.0
1.4
35.6
0.0
0.0
0.2
1,282.7
23.4
36.9
41.2
213.1
29.5
211.0
1.1
74.1
0.3
5.0
0.0
1,041.4
10.0
8.7
25.2
174.2
2.1
149.4
1.8
48.3
0.4
1.7
VANUATU
0.0
0.0
8.7
2.0
OC OCEANIA
0.2
0.1
12.8
7.1
367.4
284.5
789.0
429.5
0.0
0.0
0.1
5.1
0.0
0.6
0.0
0.5
0.1
32.3
0.9
0.0
12.0
0.0
0.5
0.0
59.1
7.4
0.6
12.8
0.0
1.4
0.1
0.5
0.0
0.1
31.6
0.1
0.4
0.5
2.0
4.8
2.3
0.0
0.2
0.1
2.9
0.1
0.9
0.0
1.1
0.1
25.3
0.0
0.0
10.0
0.0
1.5
0.0
0.0
9.6
2.4
10.5
0.1
0.2
0.0
0.0
0.1
0.1
61.8
0.6
0.2
3.6
3.4
0.0
1.0
5.6
117.4
2.6
2.6
0.0
0.2
1.3
2.2
3.5
37.1
1.2
3.3
8.9
0.1
5.0
324.1
3.0
2.5
6.6
18.6
1.3
33.2
32.6
5.4
0.4
0.1
139.6
0.9
0.0
5.3
3.6
0.5
0.7
3.8
5.8
1.2
0.9
4.0
0.1
0.9
3.8
4.5
26.9
2.0
2.0
7.0
0.4
8.2
189.1
2.7
1.6
5.7
11.8
4.1
18.0
8.0
4.3
0.1
0.0
77.9
0.1
0.3
2.5
1.1
0.2
0.5
191.4
148.8
19.6
29.9
AFRICA
ALGERIA
ANGOLA
BENIN
CAMEROON
CAPE VERDE
COMOROS
CONGO, DEM REP OF
COTE D’IVOIRE
DJIBOUTI
EGYPT
ETHIOPIA
GABON
GHANA
GUINEA
KENYA
LIBERIA
LIBYA
MADAGASCAR
MAURITIUS
MOROCCO
MOZAMBIQUE
NIGERIA
REUNION
SEYCHELLES
SIERRA LEONE
SOMALIA
SOUTH AFRICA
SUDAN
SWAZILAND
TANZANIA
TUNISIA
ZAMBIA
ZIMBABWE
OC AFRICA
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source : International Enterprise Singapore
Page 19 of 21
TABLE 7A: TOP MARKETS’ SHARE OF TOTAL TRADE
2014
2015
Jan 16
2014
2015
Jan 16
Trading Partners
S$ Million
per cent Share
World
977,026
884,053
64,708
100.0
100.0
100.0
China
EU 28
Malaysia
United States
Hong Kong
Indonesia
Taiwan
Korea, Rep Of
Japan
Thailand
Others
121,468
95,846
111,354
75,274
60,580
71,701
58,418
48,491
46,661
30,162
257,073
123,452
90,544
97,313
75,480
58,152
58,696
53,758
44,923
46,480
29,593
205,664
9,409
7,825
7,184
5,377
4,382
4,046
3,811
3,346
3,247
2,277
13,802
12.4
9.8
11.4
7.7
6.2
7.3
6.0
5.0
4.8
3.1
26.3
14.0
10.2
11.0
8.5
6.6
6.6
6.1
5.1
5.3
3.3
23.3
14.5
12.1
11.1
8.3
6.8
6.3
5.9
5.2
5.0
3.5
21.3
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
TABLE 7B: TOP MARKETS’ SHARE OF NON-OIL DOMESTIC EXPORTS
2014
2015
Jan 16
2014
2015
Jan 16
Market
S$ Million
per cent Share
World
161,137
160,920
12,299
100.0
100.0
100.0
EU 28
China
United States
Malaysia
Hong Kong
Japan
Indonesia
Taiwan
Thailand
Korea, Rep Of
Others
18,519
25,498
14,375
13,157
11,511
9,204
10,150
10,991
6,987
6,190
34,556
19,299
23,864
15,313
12,817
11,774
9,151
9,127
9,901
7,317
6,402
35,954
2,149
1,620
1,125
1,116
888
712
678
647
608
419
2,337
11.5
15.8
8.9
8.2
7.1
5.7
6.3
6.8
4.3
3.8
21.4
12.0
14.8
9.5
8.0
7.3
5.7
5.7
6.2
4.5
4.0
22.3
17.5
13.2
9.1
9.1
7.2
5.8
5.5
5.3
4.9
3.4
19.0
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 20 of 21
TABLE 8A: SINGAPORE’S SEASONALLY ADJUSTED NODX BY KEY MARKETS
Market
World
EU 28
United States
China
Malaysia
Hong Kong
Indonesia
Japan
India
Others
Nov-15
Percentage
change over
S$ Million
the previous
month
12,977
-2.9
1,204
1,224
1,878
1,021
948
786
773
514
4,628
-32.7
-1.9
-3.0
-1.5
-4.8
3.5
-7.1
8.1
7.8
Dec-15
Percentage
change over
S$ Million
the previous
month
12,641
-2.6
1,703
1,329
1,705
1,045
1,053
706
828
503
3,770
41.4
8.6
-9.3
2.4
11.1
-10.2
7.0
-2.1
-18.5
Jan-16
Percentage
change over
S$ Million
the previous
month
12,731
0.7
2,149
1,162
1,723
1,168
957
704
691
418
3,760
26.2
-12.6
1.1
11.8
-9.1
-0.3
-16.6
-16.9
-0.3
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
TABLE 8B: SINGAPORE’S SEASONALLY ADJUSTED NORX BY KEY MARKETS
Market
World
Malaysia
Indonesia
China
Hong Kong
United States
EU 28
Japan
Korea, Rep Of
Others
Nov-15
Percentage
change over
S$ Million
the previous
month
19,782
-2.4
2,036
1,644
3,025
3,100
1,062
1,501
873
946
5,594
0.2
11.2
-13.9
-1.8
-4.8
14.2
-3.1
-6.8
-2.6
Dec-15
Percentage
change over
S$ Million
the previous
month
19,439
-1.7
1,935
1,505
2,749
3,085
1,111
1,325
947
967
5,814
-5.0
-8.5
-9.1
-0.5
4.6
-11.7
8.4
2.3
3.9
Jan-16
Percentage
change over
S$ Million
the previous
month
18,787
-3.4
2,051
1,581
2,735
2,852
1,074
1,301
881
1,037
5,274
6.0
5.1
-0.5
-7.5
-3.3
-1.8
-6.9
7.2
-9.3
FIGURES MAY NOT ADD UP TO THE TOTAL DUE TO ROUNDING
Source: International Enterprise Singapore
Page 21 of 21