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SG Narrows 2024 NODX Growth Forecast to 1.0% on Weak H2 Recovery

SG Narrows 2024 NODX Growth Forecast to 1.0% on Weak H2 Recovery

新加坡將2024年非石油出口增長預測下調至1.0%,因下半年復甦疲弱
Singapore Business Review ·  11/21 22:23

For 2025, Enterprise Singapore projects NODX growth of 1.0% to 3.0%.

2025年,新加坡企業局預計非石油出口增長爲1.0%至3.0%。

Singapore has narrowed its non-oil domestic export growth forecast for 2024 to around 1.0% on a weaker-than-expected recovery in H2 2024.

新加坡已將2024年非石油國內出口增長預測調整至約1.0%,因H2 2024年的復甦低於預期。

In Q3, whilst NODX returned to expansion, its performance was affected by volatile segments such as s pharmaceuticals and ships & boats.

在第三季度,雖然非石油出口再次擴張,但其表現受到影響,特別是涉及製藥和輪船等波動較大的領域。

These sectors will continue to affect NODX in the last quarter of the year.

這些領域將繼續影響年底的非石油出口。

Enterprise Singapore added that electronic NODX has also moderated in September and October compared to the double-digit growth in July and August.

新加坡企業局補充稱,與7月和8月的兩位數增長相比,電子產品非石油出口在9月和10月也出現了減緩。

For 2025, Enterprise Singapore projects NODX growth of 1.0% to 3.0%, aligning with WTO forecasts of faster global merchandise trade growth compared to 2024.

2025年,新加坡企業局預計非石油出口增長爲1.0%至3.0%,與世界貿易組織對全球商品貿易增長預測相一致,高於2024年。

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