In April 2025, Singapore’s industrial production increased by a solid 5.9% year-on-year, with significant growth in several key clusters, most notably transport and electronics. This upturn demonstrates the sector’s resiliency, with aerospace activity playing a significant role.
The transport engineering cluster experienced an impressive gain of 22.9% in April. Aerospace output increased by 39.5%, driven by increased maintenance, repair, and overhaul (MRO) activities by commercial airlines. Land transport output increased by 4.7%, but marine and offshore engineering increased by only 0.6%, aided by increasing shipyard activity. During the first four months, the transport cluster expanded by 16.1%.
Electronics output increased by 15.2% in April. The infocomms and consumer electronics segment grew by 67.8%. Semiconductors grew 11.7%, while computer peripherals and data storage increased 11.3%. However, the output of other electrical components fell 10.2%. Between January and April, the sector rose by 10.5% year-on-year.
Precision engineering increased by 1.6%, with precision modules up 11.7%. Biomedical output declined 1.1% due to a drop in pharmaceuticals. The chemicals cluster declined by 3.2%, while general manufacturing contracted by 15.2%, driven down by reductions in food, printing, and other items.
