For the month of November, exports across Singapore recorded a rise after a long wait of 19 months, further pointing to the fact that the country's economy is now starting to bounce back from one the worst recessions that world has ever seen.

An 8.7% rise, to 13.11 Billion Singapore Dollars ($9.5 Billion), was recorded by non-oil domestic exports, on the back of stronger shipments of pharmaceutical products and a rise in demand across Europe and China.

With the November rise, declines which began in May 2008 have come to an end. The falls had started happening a few months before the nation slipped into recession completely.

The November rise has managed to beat the 2.5% growth estimate pegged by analysts, by a substantial margin.

Last month, Singapore had declared that it was now officially out of recession and the economy would start rising again very soon, and the surge in exports has come as a strong evidence to support the fact.

The data has been shared by the International Enterprise Singapore.