FX.co ★ Singapore’s Non-Oil Exports Surge 25.5% in September, Marking Sharp Month-on-Month Acceleration

Singapore’s non-oil exports recorded a strong rebound in September 2026, rising 25.50% month-on-month, according to data updated on 16 October 2026. The jump marks a sharp acceleration from August 2026, when non-oil exports had already posted a solid 10.80% increase compared with the previous month.

The latest figure underscores a notable strengthening in export momentum. On a month-over-month basis, the “actual” September reading compares the change in non-oil exports to August, while the previous 10.80% reading for August reflects the change relative to July. The step-up from 10.80% to 25.50% suggests that external demand for Singapore’s non-oil goods gained significant traction as the third quarter drew to a close.

Analysts will be watching upcoming releases closely to assess whether this pace can be sustained, as non-oil exports are a key barometer of Singapore’s trade performance and broader economic outlook.