Singapore’s electronics exports soar amid China’s anti-tariff chips strategy

Electronics exports rose 35.1 per cent in August from a year earlier, following a revised increase of 16.8 per cent the previous month, according to data released by Enterprise Singapore on Tuesday. That was the fastest growth since June 2010.

The robust performance of electronics is providing the momentum for Singapore to meet, if not surpass, its gross domestic product forecast of growing at the upper half of its 1 to 3 per cent projected band.

The city state is home to some of the largest chip manufacturing plants in Southeast Asia.