Trade
Singapore’s Electronics Exports Rise at Fastest Pace in 14 Years
- Expansion of 35.1% follows 16.8% rise the previous month
- Still, growth in overall non-oil exports trailed forecasts
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Singapore’s electronics shipments gained the most since 2010, fueled by overseas sales of integrated circuits and disk media products, as the global tech boom is proving a boon to the city-state.
Electronics exports rose 35.1% in August from a year earlier, following a revised increase of 16.8% the previous month, according to data released by Enterprise Singapore on Tuesday. That was the fastest growth since June 2010.