According to the median expectations of five economists surveyed by the media, Singapore's non-oil domestic exports are likely to increase by 26.50% in July, up from 20.7% in June. DBS economists said in a report that export growth should continue to be dominated by electronic product shipments, supported by strong artificial intelligence-related demand for memory chips and server-related products. They added that under the favorable base effect, exports of non-electronic products may rebound, but petrochemical shipments are expected to remain weak due to continued disruptions in the Strait of Hormuz. The data will be released next Monday.

According to the median expectations of five economists surveyed by the media, Singapore's non-oil domestic exports are likely to increase by 26.50% in July, up from 20.7% in June. DBS economists said in a report that export growth should continue to be dominated by electronic product shipments, supported by strong artificial intelligence-related demand for memory chips and server-related products. They added that under the favorable base effect, exports of non-electronic products may rebound, but petrochemical shipments are expected to remain weak due to continued disruptions in the Strait of Hormuz. The data will be released next Monday.