Tariff issue: A cargo ship is seen docked at the Pasir Panjang port. Despite a drop in May, Singapore’s key exports still grew by 3.7% in the first five months of this year. — AFP
SINGAPORE: Singapore’s key exports suffered a surprise drop in May, led by a double-digit plunge in shipments to the United States.
Non-oil domestic exports (Nodx) slid 3.5% year on year, reversing a 12.4% rise in April, data from Enterprise Singapore (EnterpriseSG) showed yesterday.
