Singapore’s non-oil domestic exports (NODX) surged 46.2% year-on-year in August 2026, accelerating sharply from a downwardly revised 24.1% rise in July. It was the twelfth straight month of expansion and the strongest growth since October 1988, driven by electronics exports (131.8% vs. 112% in July), supported by robust AI-related demand. In May, the country raised its 2026 forecast for NODX growth to 3.0%–5.0%, up from the previously estimated. Monthly, NODX jumped 10.9%, rebounding sharply from a 0.3% fall in July and marking the fastest increase in four months.