Singapore's non-oil domestic exports to Chinese mainland surges by 46.4 pct in March

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SINGAPORE, April 16 (Xinhua) -- Singapore's non-oil domestic exports (NODX) to the Chinese mainland surged by 46.4 percent year on year in March, compared to a 17.3 percent growth in February, according to Enterprise Singapore, a government agency on Friday.

The surge was due to exports of specialized machinery, petrochemicals and primary chemicals, which grew by 70.3 percent, 46.3 percent and 96.3 percent year on year respectively, Enterprise Singapore said in a media release.

In a breakdown of overall NODX to the Chinese mainland, Singapore's electronic NODX grew by 12.5 percent year on year in March, while the non-electronic NODX increased by 53.9 percent.

In March, Singapore's total NODX grew by 12.1 percent year on year, following the 4.2 percent increase in the previous month. Domestic exports for both electronics and non-electronics grew.

On a month-on-month seasonally adjusted basis, the NODX increased by 1.2 percent in March to 16.9 billion Singapore dollars (about 12.65 billion U.S. dollars), following the 8.3 percent increase in the previous month.

In a breakdown of Singapore's total NODX, the electronic NODX grew by 24.4 percent year on year in March, following the 7.3 percent increase in February. The non-electronic NODX rose by 9.4 percent year on year, after the 3.2 percent increase in the previous month.

The NODX to Singapore's top 10 markets as a whole grew in March, though exports to Thailand, the United States, Japan and China's Hong Kong declined. Enditem

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