Singapore’s on-year export growth beat expectations in March, thanks to a surge in petrochemical and pharmaceutical shipments, a sign the city-state’s trade recovery is widening to non-electronic sectors.
Non-oil domestic exports (NODX) in March rose a more-than-expected 16.5 percent from a year earlier, data from trade agency International Enterprise Singapore showed on Monday.
From the previous month, exports fell a seasonally-adjusted 1.1 percent, a smaller-than-expected decline.
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