Singapore’s non-oil domestic exports (NODX) jumped 46.2% year-on-year in August, beating the 35.3% median forecast in a Reuters poll and marking a fifth consecutive month of growth above 20%. LSEG data showed the increase was the largest in a series dating back to November 2005. Electronics exports surged 131.8%, while non-electronics shipments rose 12.0%, with robust AI-related demand supporting the advance. Exports increased to nine of Singapore’s 10 largest markets, including gains of 91.0% to the United States, 70.3% to China and 87.1% to South Korea. Singapore upgraded its full-year NODX growth forecast in August to 14%–16%, from 3%–5%.