Singapore's November exports rise 11.6% y-o-y, stronger than expected

A cargo ship is seen docked at the Pasir Panjang port. — AFP

SINGAPORE: Singapore's non-oil domestic exports rose by 11.6% in November from the same month a year earlier, government data showed on Wednesday, led primarily by pharmaceuticals and supported by electronic products, such as integrated circuits and PCs.

The export growth compared with a Reuters poll forecast of a 7.0% increase, and followed a revised rise of 21.7% in October.