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.
Economy
Singapore exports grow in 2020 despite COVID turmoil
Benchmark figure rises 4.3% on semiconductor and pharmaceutical demand
A containership docks at a terminal in Singapore in this file photo: The city-state's relatively brisk exports for 2020 contrast with its record 5.8% GDP contraction. © Reuters
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