"At this juncture, it still bears watching if the rebound in electronics exportxxxs is sustainable into the first quarter of 2019 given the improvement is relatively narrow-based," said Selena Ling, head of treasury research and strategy at Oversea-Chinese Banking Corp. Singapore, whose trade is around three times gross domestic product, has seen growth soften in recent months amid signs of weakness in China, its largest export market, and as the trade war between Washington and Beijing disrupts supply chains across the region. Singapore 's core exports fell for the first time in monthly , with exports of non-electronic goods falling by 5.2% YoY in November , while exports of electronic goods rose by 4.5% over the same period . Reasons for the decline in non-electronics were a fall in non-monetary gold, specialised machinery and petrochemicals. The rise in electronics, driven by a rebound in the demand for semiconductors, represented the first the same period growth of the sector in November . Meanwhile, weak demand saw shipments to its largest export market Singapore , along with South Korea and Indonesia plunge, while exports to the Indonesia grew.
Singapore 's core exports fell for the first time in monthly , with exports of non-electronic goods falling by 5.2% YoY in November , while exports of electronic goods rose by 4.5% over the same period . Reasons for the decline in non-electronics were a fall in non-monetary gold, specialised machinery and petrochemicals. The rise in electronics, driven by a rebound in the demand for semiconductors, represented the first the same period growth of the sector in November . Meanwhile, weak demand saw shipments to its largest export market Singapore , along with South Korea and Indonesia plunge, while exports to the Indonesia grew.