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2026-09-16 13:46:08
[Singapore’s non-oil domestic exports are expected to rise 35% year-on-year in August, with AI-driven electronics export boom continuing] (1) A median estimate from a Wall Street Journal survey of seven economists suggests that Singapore’s non-oil domestic exports may have increased by 35% year-on-year in August, accelerating from 24.2% in July. (2) Analysts at OCBC Group Research said in a report that the strong performance in July was mainly driven by strong global demand for artificial intelligence-related products, resulting in unprecedented growth in electronics exports. (3) They added that this AI-driven boom is expected to continue in August. (4) Enterprise Singapore expects non-oil domestic exports (NODX) to grow between 14.0% and 16.0% in 2026. The data will be released on Thursday.
