Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping.
Relations between the world's two biggest economies have been wracked by trade tensions that saw them impose tit-for-tat tariffs on each other, wreaking havoc on global supply chains.
As Southeast Asia's second-biggest economy, Singapore depends heavily on trade, making it particularly exposed to global slowdowns -- even though it only faces a 10 percent baseline tariff from US President Donald Trump's measures.
Singapore's non-oil domestic exports shrank by 11.3 percent August 2025, faster than the revised 4.7 percent fall in July 2025, the government's Enterprise Singapore body said.
Exports to the United States tumbled nearly