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Singapore Exports Soar 5.2% Amid US Tariff Fears

7/18/2025

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Summary

Story summary

Singapore's exports surged by 5.2% in the first half of 2025, bouncing back from a dip in May. June saw a remarkable 13% rise in non-oil domestic exports, fueled by robust electronics demand. Yet, looming US tariffs cast a shadow, with predictions hinting at a potential 2% drop in key exports later this year.

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Story summary

Singapore's exports surged by 5.2% in the first half of 2025, bouncing back from a dip in May. June saw a remarkable 13% rise in non-oil domestic exports, fueled by robust electronics demand. Yet, looming US tariffs cast a shadow, with predictions hinting at a potential 2% drop in key exports later this year.