Singapore key exports fall worse than expected in July as shipments to US plunge 42.7 per cent

FILE PHOTO: People walk along the water as a cargo ship is seen docked at Pasir Panjang port terminal in Singapore on February 3, 2025. Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed on August 18, 2025 as shipments to the United States plunged by more than 40 percent. - AFP

SINGAPORE: Singapore’s key exports dropped more than expected in July, reversing from a rebound in June, as front-loading of orders dissipated towards the end of US President Donald Trump’s tariff pause on Aug 1.

Non-oil domestic exports (Nodx) contracted 4.6 per cent in July from a year ago, after a revised 12.9 per cent expansion in June, data from Enterprise Singapore (EnterpriseSG) on Aug 18 showed.