NODX to the majority of the top markets decreased, except the US. The largest contributors to the NODX decline were Japan (-36.6%), Taiwan (-27.4%) and Hong Kong (-22.4%). NODX to emerging markets contracted by 21.9% mainly due to Latin America (-52.6%), the Caribbean (-72.9%) and CLMV (-17.0%).
Oil domestic exports dipped by 5.9% in March 2019, following the 10.6% decrease in the preceding month. Lower sales to Malaysia (-14.5%), Vietnam (-46.8%) and China (-10.3%) contributed the most to the decrease of oil domestic exports.
Singapore NODX fell 11.7% in March
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