Trailer trucks at Tanjong Pagar container port in Singapore. Photo: AFP
US-China trade war hits Singapore exports as city state posts first annual decline in eight months
- Trade to the mainland fell for the fourth consecutive month in November, down 16 per cent from a year earlier, compared with 25.8 per cent the previous month
- Non-oil domestic exports from the city state fell 2.6 per cent in November year-on-year, a sharp contrast to the 1.2 per cent increase predicted by economists
Follow your favourite topic and get notified
Trailer trucks at Tanjong Pagar container port in Singapore. Photo: AFP