Xinhua, 11 Aug 2009
SINGAPORE, Aug. 11 (Xinhua) -- Singapore's total trade declined by 27 percent in the second quarter 2009 over the same period last year, following the previous quarter's decrease of 28 percent.
According to official figures from International Enterprise Singapore on Tuesday, the level of total trade reached 178 billion Singapore dollars (124.48 billion U.S. dollars) in second quarter 2009, higher than the previous quarter's 165 billion Singapore dollars (115.39 billion U.S. dollars).
On a year-on-year basis, total exports and total imports declined by 25 percent and 28 percent respectively in second quarter 2009.
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