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Singapore records dim trade performance in 2023

februari 15, 2024by Reacties uitgeschakeld voor Singapore records dim trade performance in 2023

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SINGAPORE, Feb. 15 (Xinhua) — Singapore’s total merchandise trade declined 11.7 percent last year, and total services trade contracted 3.8 percent, according to data released by Enterprise Singapore on Thursday.

Oil trade contracted 16.3 percent in 2023 and non-oil trade declined 10.5 percent, which drove the decrease in total merchandise trade.

Amid lower oil prices and sluggish global electronics deman

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