Testimonials

We would use RW Freight again.

Sweden Groupage Exporter
79310

Excellent service provided by RW Freight for exports to Sweden. Prompt collection and delivery and RW Freight can easily up date a job if I have an additional pallet to add for collection.

Sweden Export Freight
45776

I am very pleased with the way RW Freight Services dealt with my import from Sweden. I was notified when the cargo arrived into the country and was then kept updated about the delivery by their friendly staff.

Sweden Import Shipping
77094

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Singapore exports to China suffer biggest decline for seven years

Tags: ,


China’s slowdown really hit home last month, with Singapore’s shipments to the country taking the biggest hammering in seven years.

Non-oil domestic exports (Nodx) to China plunged 25.2 per cent last month over January last year, in the wake of falling demand and a shift towards domestic production on the mainland.

The dismal numbers on China were the low point of a bleak picture last month, with overall Nodx down 9.9 per cent year on year.
China led the decline, while shipments to Taiwan plunged 26.5 per cent and those to South Korea were down 14.8 per cent.

“The impact from the slowdown in China could be more broad- based than what many had expected,” said DBS economist Irvin Seah, noting that China is the largest import partner for Singapore, South Korea and Taiwan.