Singapore April exports, NODX - 5.8% m/m

Non-oil domestic exports in April by SG

• -5.8% m/m sa
• +9.7% y/y

NODX to

• China -31.3% y/y
• Europe +106.8% y/y
• US +124% y/y

Y/y NODX is up for the 3rd consecutive month in April, pharma shipments rose 174% y/y (from a low base and during a global pandemic)

more to come