Singapore: NODX Growth Hits Record High.

Singapore’s non-oil domestic exports (NODX) soared 68.4% year-on-year in September 2026, accelerating sharply from a downwardly revised 46.1% increase in August and far exceeding forecasts of 33.8%. It marked the 23rd consecutive month of expansion and the strongest growth on record, mainly driven by electronics exports, which surged 107.6% compared with 13.6% in August, supported by robust AI-related demand. Electronic exports were boosted by disk media products (312.4%), PCs (149.5%), and integrated circuits (ICs) (74.7%). Meanwhile, non-electronic exports growth accelerated to 54.2% from an 11.9% increase in August.