Singapore's non-oil exports jump 68.4% in September, electronics rise 107.6%
Enterprise Singapore said Singapore's non-oil domestic exports rose 68.4% year-on-year in September. Electronic NODX increased 107.6% and overall NODX was up 27.6% in the first nine months of 2026, EnterpriseSG said.
AI-assisted synthesis · Based on 5 outlets' reporting · Full text read from 1 of 5 outletsHow it's made
What happened
Key facts
- Singapore's non-oil domestic exports (NODX) rose 68.4% year-on-year in September, according to Enterprise Singapore as reported by CNA (per CNA).
- Electronic NODX rose 107.6% in September, led by disk media products, integrated circuits and personal computers (per CNA).
- EnterpriseSG said robust artificial intelligence-related demand supported the rise in electronic NODX (per CNA).
- EnterpriseSG reported overall NODX was up 27.6% in the first nine months of 2026 (per CNA).
- Exports to Hong Kong rose 112.1% year-on-year in September, supported by shipments of non-monetary gold, integrated circuits and specialised machinery (per CNA).
- Shipments to Taiwan increased 96.9% year-on-year in September (per CNA).
- Exports to India fell 5.6% in September, reversing a 23.6% increase in August (per CNA).
The brief
Enterprise Singapore reported a sharp rise in Singapore's non-oil domestic exports (NODX) in September, with NODX climbing 68.4% year-on-year, according to CNA's account of the agency's data. The increase extended a revised 46.1% gain recorded in August, EnterpriseSG said, and brought cumulative growth to 27.6% for the first nine months of 2026.
The authority singled out electronics as a major driver of the September surge. Electronic NODX expanded 107.6% in September, EnterpriseSG said, driven mainly by disk media products, integrated circuits (ICs) and personal computers.
CNA reported that EnterpriseSG attributed the strength in electronics partly to robust artificial intelligence-related demand, which supported higher shipments of ICs and related components. Non-electronic NODX also contributed to the overall rise, growing 54.2% in September after an 11.9% increase in August, EnterpriseSG said.
CNA's report lists significant commodity shifts in trade destinations: exports to Hong Kong rose 112.1% year-on-year in September, aided by shipments of non-monetary gold, ICs and specialised machinery, while shipments to Taiwan increased 96.9%.
EnterpriseSG's data showed growth to several other key markets as well: exports to the United States grew 73.2% in September, while exports to India fell 5.6%, reversing a 23.6% increase recorded in August, CNA reported. The agency's figures therefore portray a mixed pattern of destination-specific performance even as the overall level of NODX strengthened.
CNA noted the September figures extended August's revised growth rate and that EnterpriseSG provided the month-by-month and year-to-date measures; the outlet reported those numbers as released by the agency.
Business outlets including BusinessToday Malaysia, The Straits Times, MarketScreener and The Business Times also ran headlines noting the 68.4% September surge, echoing the EnterpriseSG figures reported by CNA.
Taken together, EnterpriseSG's published data, as presented by CNA, show both electronics and non-electronics shipments played a role in the September rebound in NODX, with AI-related demand cited by EnterpriseSG as supporting the rapid increase in electronic exports.
Why it matters
- Export-dependent Singaporean firms and workers stand to gain from the 68.4% year-on-year expansion in NODX in September because higher shipments can raise revenues for exporters and related logistics and manufacturing sectors, as shown by EnterpriseSG's data.
- Technology-sector suppliers and chipmakers are directly implicated by the 107.6% rise in electronic NODX, since EnterpriseSG identified disk media products, integrated circuits and personal computers as leading contributors and linked the surge to AI-related demand.
- Trade with specific markets matters: the 112.1% increase to Hong Kong and 96.9% rise to Taiwan in September concentrate export flows toward those trading partners, affecting firms exposed to those routes and the commodities EnterpriseSG named (non-monetary gold, ICs, specialised machinery).
What to watch next
- Whether Enterprise Singapore publishes updated monthly NODX figures that revise the September 68.4% rate or the August revised 46.1% figure.
- Whether Enterprise Singapore's next release confirms the YTD NODX growth of 27.6% for the first nine months of 2026.
- Whether Enterprise Singapore provides further breakdowns showing how AI-related demand continues to affect electronic NODX components such as integrated circuits and disk media products.
How it's being covered
Coverage analysisShow details5 source articles · 5 unique outletsCoverage mix: Center Only· 4 CenterWhere the outlets are based: Asia 80% · Europe 20%
- Coverage is currently concentrated among Center-rated outlets (4 of 4 rated sources); comparatively few Left or Right-rated outlets have published on the event.
- Coverage is currently concentrated among outlets based in Asia (4 of 5 geographically-identified sources).
How outlets' accounts compare
How we got here
Immediate backdrop: Singapore's monthly non-oil domestic exports (NODX) series has been tracked and published by Enterprise Singapore since the agency's creation on April 1, 2018, when it succeeded SPRING Singapore and International Enterprise Singapore; that reporting cadence and EnterpriseSG's commentary on market mix set the near-term frame for interpreting September's figures.
In August 2026 Enterprise Singapore's trade bulletins singled out volatile month‑on‑month flows in shipments to major markets, noting a 23.6% year‑on‑year increase in exports to India for that month, a movement that analysts used as the most recent comparator ahead of September data.
Original sources
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