Singapore non oil domestic exports for March

  • +12.8% m/m and -17.6% y/y (-8% expected)

NODX to the US +22.5% y/y

  • to China -0.5% y/y
  • to Europe +24% y/y

Reuters comments:

  • partly due to base effects due to downturn in electronics industry last year
  • also cite gold, pharma exports