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FX.co ★ Singapore’s Non-Oil Exports Rebound Sharply in August, Surging 10.9% MoM

Singapore’s Non-Oil Exports Rebound Sharply in August, Surging 10.9% MoM

Singapore’s non-oil domestic exports staged a strong recovery in August 2026, rising 10.90% month-on-month, according to data updated on 17 September 2026. The jump marks a clear turnaround from July 2026, when non-oil exports had slipped 0.30% compared with the previous month.

On a month-over-month basis, the latest reading shows that export momentum has shifted decisively back into positive territory. The “actual” August figure reflects the change from July to August 2026, while the “previous” July indicator captured the movement from June to July 2026. The reversal from a modest contraction to robust growth suggests improving external demand conditions for Singapore’s non-oil shipments as the third quarter progresses.

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