Both exports and imports grew for the Lion City for February 2022, according to the latest data from Enterprise Singapore. Total exports increased by 22.3%, following the previous month’s 22.1% growth. Total imports grew by 19.6%, following the 28.2% expansion in January 2022. On a seasonally-adjusted basis, the level of total trade reached $109b in…
SINGAPORE: Singapore raised its trade forecasts on Wednesday (Nov 24) amid a “better-than-expected” performance and robust global semiconductor demand in the third quarter of 2021. Higher oil prices also supported the oil trade and in turn total trade, Enterprise Singapore (ESG) said in its review. Non-oil domestic exports (NODX) could now grow by between…
Summary Oct exports +27.1% yr/yr vs +24.5% forecast, +28.1% in Sept Oct imports +20.6% yr/yr vs +25.0% forecast, +17.6% in Sept Oct trade surplus at $84.54 bln, vs $65.55 bln forecast China’s export growth slowed in October but beat forecasts, helped by booming global demand ahead of winter holiday seasons, an easing power crunch and…
09 June 2021 – As every economist knows, there are three types of lies: lies, damned lies and statistics. But that view is not confined to economists. It is now shared by many in the Scottish salmon sector, thanks to an extraordinary episode over export figures. The collation of our export figures is usually pretty…
5th November 2020 On October 17, the Standing Committee of the 13th National People’s Congress of the People’s Republic of China adopted the Export Control Law of the People’s Republic of China (Export Control Law). The new law becomes effective on December 1, 2020. The Export Control Law comprises 5 chapters and 49 articles. It…
