CNA·3 min read·medium

Singapore’s key exports surge 27.4% in Q2 as AI demand fuels electronics boom

D
Darcel Al Anthony
Singapore’s key exports surge 27.4% in Q2 as AI demand fuels electronics boom
AI Summary

Singapore's non-oil domestic exports surged by 27.4% in the second quarter of 2026, driven primarily by a massive increase in electronics demand related to artificial intelligence. Consequently, the government has raised its full-year growth forecast to between 14% and 16%.

NODX also grew 18.6 per cent in the first half of 2026, marking its strongest first-half performance since 2010.

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