SINGAPORE
From Times Staff and Wire Reports
Trade Totals Rise in April: Total trade grew 19.6% to $16.9 billion in April from $14.3 billion for that month last year, according to the Singapore Trade Development Board. Total trade volume grew 13% in April, based on a three-month moving average. Volume of imports rose 10.6%, and volume of exports rose 15.6%. Non-oil domestic exports--led by higher demand for computer chips, disk drives, microcomputers and other goods--grew 16.7% in volume. Re-exports grew 17.5%. Weak oil prices pushed the value of exported oil down 13.4%, although volume rose 8%.
