In June 2023, Singapore's non-oil domestic exports (NODX) contracted by 15.5%, marking the ninth consecutive month of decline. This is a significant drop, and it's raising concerns about the global economy.
In this video, Adrian The Logistician discusses the factors that are contributing to Singapore's export woes, including the ongoing trade war between the United States and China, and the slowdown in the global economy. He also talks about what we can expect from the global economy in the coming months.
If you're interested in learning more about the impact of Singapore's export decline on the global economy, then this video is for you. Watch it now to learn more!
#Singapore's Exports Are in Free Fall!
#What Does This Mean for the Global Economy?
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