Singapore’s non-oil domestic exports (NODX) increased by 20.7% in June 2026 compared to the same month last year, according to Enterprise Singapore. This growth, although slower than the 38.4% surge in May, was primarily driven by a significant rise in electronic exports, particularly integrated circuits (ICs), disk media products, and personal computers (PCs).
The electronics sector saw a remarkable 105.1% increase in NODX, fuelled by robust demand for artificial intelligence-related products. In contrast, non-electronic exports fell by 2.9%, with notable declines in non-monetary gold, petrochemicals, and food preparations.
Non-oil re-exports (NORX) also experienced substantial growth, expanding by 60.3% in June, up from a 33.5% rise in May. This increase was largely due to a surge in electronic re-exports, which grew by 83.1%, supported by non-electronic re-exports that rose by 28%.
The total merchandise trade for Singapore expanded by 49.3% in June, extending the 39.6% growth observed in May. Both exports and imports contributed to this increase, with non-oil exports rising by 48% and oil exports by 54.5%.
Key markets for Singapore’s exports included Taiwan, the US, and South Korea, all of which saw significant increases in NODX. Taiwan led the growth with a 123.3% rise, driven by ICs and specialised machinery. The US and South Korea followed with increases of 36.7% and 62.9%, respectively, supported by strong demand for disk media products and ICs.
The data highlights the ongoing strength of Singapore’s electronics sector, whilst non-electronics face challenges. The continued expansion of re-exports underscores Singapore’s role as a key trading hub in the region.
