Singapore's economic landscape hit a challenging note as the nation's non-oil exports plummeted by 9.40% in December 2025. This significant downturn was observed following a robust growth of 6.60% in November 2025, highlighting a sharp reversal in trade dynamics for the island nation.
The latest data, updated on January 16, 2026, underscores a month-over-month analysis where December's figures starkly contrast with the gains of the previous month. November saw positive momentum, but the unexpected downturn in December has raised concerns about Singapore's export resilience amidst global economic fluctuations.
Analysts are closely monitoring these developments as the new year progresses, with particular attention to external factors that may have influenced this rapid decline in non-oil exports. The sudden shift demands strategic responses to mitigate potential risks and align future trade objectives with evolving international markets.