SINGAPORE -- Singapore's exports grew 4.3% last year despite the economic recession caused by the COVID-19 pandemic, thanks to persistent global demand for semiconductors and pharmaceuticals -- the city-state's key manufactured products.
Data released on Monday by Enterprise Singapore, a government agency, shows the benchmark non-oil domestic exports -- total exports minus oil and re-exports -- for 2020 came to 172 billion Singapore dollars ($128 billion), up from SG$165 million in 2019.
