FX.co ★ Singapore’s Non-Oil Exports Ease in March, Month-on-Month Growth Slows to 3.0%

Singapore’s non-oil domestic exports (NODX) saw a moderation in growth in March 2026, with the month-on-month indicator easing to 3.00%, down from 3.90% in February 2026. The data, updated on 17 April 2026, highlights a slight loss of momentum in export expansion after a stronger performance in the previous month.

On a month-over-month basis, the current reading compares the change in March to February, while the previous figure reflected the change in February relative to January. Although growth has slowed, the continued positive reading suggests that Singapore’s non-oil exports are still expanding, albeit at a more measured pace heading into the second quarter of 2026.