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FX.co ★ Singapore's Non-Oil Exports Surge Over 22% in October, Marking a Robust Economic Upswing

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typeContent_19130:::2025-11-17T00:30:00

Singapore's Non-Oil Exports Surge Over 22% in October, Marking a Robust Economic Upswing

Singapore has witnessed a striking surge in its non-oil exports, with a remarkable 22.20% increase recorded in October 2025 compared to the same month last year. This impressive growth follows a relatively modest 7.00% rise observed in September 2025 over the previous year, underscoring a significant acceleration in the country's export activity.

According to the updated figures released on November 17, 2025, Singapore's non-oil exports have demonstrated substantial momentum, reflecting a strong demand for the city-state's goods and services in the global market. This year-over-year comparison indicates that Singapore's strategic initiatives to boost competitiveness and adapt to evolving international trade landscapes are paying dividends.

The substantial increase in October's non-oil exports could have critical implications for Singapore's overall economic trajectory, potentially driving growth and fostering resilience amid shifting global economic dynamics. As stakeholders continue to analyze the broader impacts, this surge represents a positive development in Singapore's economic landscape, highlighting its dynamic and adaptable export sector.

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