Singapore's non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products.
On a month-on-month seasonally adjusted basis, NODX declined 3.3% in December, following November's 9.2% drop.
Non-domestic oil exports declined as a whole to Singapore's top 10 markets in December, with exports to China falling 31.8%, and to Indonesia by 35.4%. Exports to Japan, however, increased 6.8% and to South Korea by 14.3%.
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