NON-electronic shipments came to the rescue, lifting non-oil domestic exports (NODX) to a surprising 5.4 per cent year-on-year gain in April, against market expectations of a 0.5 per cent dip.
Led by higher domestic exports of petrochemicals, pumps, metal manufactures and parts for tractors and motor vehicles, domestic shipments of non-electronic products bounced back from a 4.3 per cent drop to register a 9.8 per cent gain.
Exports of pharmaceutical items continued to fall last month, though not so sharply - they were down 11.7 per cent after tumbling 34.1 per cent in March, according to the latest figures released yesterday by the Government's trade promotion arm, International Enterprise Singapore.
Left to electronic exports alone, NODX, which declined 5.9 per cent in March, would have continued to head south in April.
Electronic shipments, which have been on the descent since February 2007, slipped 0.4 per cent last month.
'The contraction of electronic domestic exports was due mainly to lower domestic exports of telecommunications equipment, consumer electronics and bare PCB,' IE Singapore said.
Month on month, NODX also staged a recovery in April to post a seasonally-adjusted 1.6 per cent increase, against market expectations of a 0.5 per cent slide and after a 2.6 per cent drop in March.
But the prospects for NODX look less sunny than in March, when non-oil retained imports of intermediate goods (NORI) - a leading indicator - jumped 5.7 pert cent year on year. NORI rose just 1.9 per cent last month.
Month on month, NORI fell a seasonally-adjusted 6.6 per cent, following a 1.9 per cent rise in March.
Total trade continued to rise, up 21 per cent to $82 billion after putting on an 11 per cent gain in the previous month.
While domestic exports to Thailand and the US fell, shipments to the rest of Singapore's top 10 markets rose in April.
'The largest contributors to NODX growth were the European Union, China and Indonesia,' IE Singapore said.
Thanks to gains in electronic and non-electronic shipments, domestic exports to the EU jumped 27 per cent year on year, recovering from a 24 per cent drop in March.
Domestic electronics shipments to the EU, falling since December 2006, increased 8.7 per cent. Non-electronic exports to the EU - Singapore's biggest market - expanded 22 per cent, against 32 per cent in March.
Domestic exports to China swelled 19 per cent last month, springing back from a 6.3 per cent fall in March. Domestic shipments to Indonesia rose 20 per cent, following a 1.4 per cent dip the previous month.
Domestic exports to the US dropped 17 per cent in April, after falling 28 per cent in March. Shipments to Thailand also continued to fall, by 6.5 per cent. They declined 5.9 per cent the previous month.
Led by higher domestic exports of petrochemicals, pumps, metal manufactures and parts for tractors and motor vehicles, domestic shipments of non-electronic products bounced back from a 4.3 per cent drop to register a 9.8 per cent gain.
Exports of pharmaceutical items continued to fall last month, though not so sharply - they were down 11.7 per cent after tumbling 34.1 per cent in March, according to the latest figures released yesterday by the Government's trade promotion arm, International Enterprise Singapore.
Left to electronic exports alone, NODX, which declined 5.9 per cent in March, would have continued to head south in April.
Electronic shipments, which have been on the descent since February 2007, slipped 0.4 per cent last month.
'The contraction of electronic domestic exports was due mainly to lower domestic exports of telecommunications equipment, consumer electronics and bare PCB,' IE Singapore said.
Month on month, NODX also staged a recovery in April to post a seasonally-adjusted 1.6 per cent increase, against market expectations of a 0.5 per cent slide and after a 2.6 per cent drop in March.
But the prospects for NODX look less sunny than in March, when non-oil retained imports of intermediate goods (NORI) - a leading indicator - jumped 5.7 pert cent year on year. NORI rose just 1.9 per cent last month.
Month on month, NORI fell a seasonally-adjusted 6.6 per cent, following a 1.9 per cent rise in March.
Total trade continued to rise, up 21 per cent to $82 billion after putting on an 11 per cent gain in the previous month.
While domestic exports to Thailand and the US fell, shipments to the rest of Singapore's top 10 markets rose in April.
'The largest contributors to NODX growth were the European Union, China and Indonesia,' IE Singapore said.
Thanks to gains in electronic and non-electronic shipments, domestic exports to the EU jumped 27 per cent year on year, recovering from a 24 per cent drop in March.
Domestic electronics shipments to the EU, falling since December 2006, increased 8.7 per cent. Non-electronic exports to the EU - Singapore's biggest market - expanded 22 per cent, against 32 per cent in March.
Domestic exports to China swelled 19 per cent last month, springing back from a 6.3 per cent fall in March. Domestic shipments to Indonesia rose 20 per cent, following a 1.4 per cent dip the previous month.
Domestic exports to the US dropped 17 per cent in April, after falling 28 per cent in March. Shipments to Thailand also continued to fall, by 6.5 per cent. They declined 5.9 per cent the previous month.
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