Summary: Singapore’s key exports experienced a 3.5% drop in May, driven by a significant decline in shipments to the United States. This reversal from the previous month’s growth was attributed to a decrease in non-electronic exports, particularly petrochemicals and specialized machinery. Despite the drop, electronics exports grew, and overall key exports for the first five months of 2025 still showed a 3.7% increase.

Link: https://www.straitstimes.com/business/economy/singapore-key-exports-see-surprise-3-5-drop-in-may-as-us-shipments-slide-20-6