Singapore’s key exports surge 38.4% in May on strong AI-related demand

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SINGAPORE – Singapore’s exports held firm in May, showing resilience even as the Middle East conflict entered its third month and weighed on global trade sentiment. Non-oil domestic exports (NODX) expanded by 38.4 per cent in May compared with a year earlier, extending April’s 24.4 per cent rise as strong artificial intelligence-related demand continued to lend support. For the first five months of 2026 , NODX grew by 18.1 per cent, data from Enterprise Singapore (EnterpriseSG) showed on June 17. Analysts polled by Bloomberg had projected a 30.8 per cent jump in May NODX. Electronics NODX surged by 94.8 per…

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