Singapore's non-oil exports have made a remarkable recovery in June 2025, showcasing a significant month-over-month increase of 14.3%, updated as of 17 July 2025. This rise marks a pivotal turnaround from May's contraction, which saw exports plummet by -12.40%.
The robust growth in June is a promising sign for Singapore's economy, signalling a rebound in trade activities crucial to the nation’s economic framework. This sharp contrast in performance compared to May reflects increasing demand and possibly improved global economic conditions that have bolstered Singaporean exports.
This resurgence comes as a relief to businesses and policymakers alike, indicating a positive shift in export dynamics, and suggesting the economy is slowly pivoting from the trading challenges faced in the previous months. As Singapore continues to navigate the complexities of global trade, the latest data presents a hopeful outlook for future economic stability.
