Singapore's key exports rise 12.4% in April, beating market expectations
Singapore's key exports rose 12.4% in April, beating market expectations. Non-oil domestic exports last month also hit double-digit growth for the first time in 2025. Electronic shipments grew by 23.5% on-year, boosted by items like personal computers and integrated circuits. Analysts said while tariff fears are driving greater export activity, things could get grim if higher levies kick in.
Singapore's key exports rose 12.4% in April, beating market expectations. Non-oil domestic exports last month also hit double-digit growth for the first time in 2025. Electronic shipments grew by 23.5% on-year, boosted by items like personal computers and integrated circuits. Analysts said while tariff fears are driving greater export activity, things could get grim if higher levies kick in.