Windhoek: Singapore's non-oil domestic exports (NODX) saw a significant increase of 13.0 percent year-on-year in June, reversing the 3.9 percent decline recorded in May. This information was released by Enterprise Singapore on Thursday.

According to Namibia Press Agency, both electronic and non-electronic exports played a role in this rebound, with electronic exports rising by 8.0 percent and non-electronic exports increasing by 14.5 percent from a year earlier. This marks a positive shift in Singapore's export sector, which had faced challenges in the previous month.

In addition to the NODX, non-oil re-exports also expanded by 18.5 percent in June, following a 16.2 percent increase in May. Growth was observed in both electronic and non-electronic segments, indicating a broad-based recovery in Singapore's trade activities.

Overall, Singapore's total trade grew by 5.4 percent year-on-year in June, a notable improvement from the 1.0 percent increase seen in the previous month. This growth highlights the resilience and adaptability of Singapore's trade sector in the face of changing global economic conditions.