新加坡7月出口同比下降4.6% 跌幅远超预期

Group 1 - Singapore's non-oil domestic exports (NODX) fell by 4.6% year-on-year in July, significantly worse than the market expectation of a 1.8% decline, primarily due to a drop in pharmaceutical and other non-electronic product exports [1] - In July, Singapore's non-oil exports to the US, China, and Indonesia decreased, while exports to the EU, Taiwan, South Korea, and Hong Kong increased [1] - The Singapore government raised its full-year economic growth forecast from 0.0%-2.0% to 1.5%-2.5% despite concerns over external uncertainties [1] Group 2 - Singapore's Economic Development Board maintained its forecast for non-oil export growth at 1% to 3% for the year, indicating potential weakness in the second half of 2025 after a strong start [1] - Prime Minister Lawrence Wong expressed uncertainty regarding potential future US tariff increases on key industries such as pharmaceuticals and semiconductors, highlighting the pressure on small open economies like Singapore [2]