Despite fall, Taiwan’s exports not the worst globally: MOEA

Focus Taiwan
Date: 2016/01/09
By: Huang Chiao-wen and Frances Huang

Taipei, Jan. 9 (CNA) Taiwan’s exports performance for 2015 was not the worst

Despite fall, Taiwan's exports not the worst globally: MOEA

Despite fall, Taiwan’s exports not the worst globally: MOEA

in the Asian region or even in the world, although the country suffered an annual drop of more than 10 percent in outbound sales amid weakening global demand, the Ministry of Economic Affairs (MOEA) said Saturday.

The MOEA made the comment in response to local media reports that Taiwan was lagging behind its regional competitors in the global export market, with its exports dropping by an annual 10.6 percent in 2015.

The Ministry of Finance’ monthly trade data showed Friday that Taiwan’s exports for December fell 13.9 percent from a year earlier to US$22.06 billion, dropping year-on-year for the 11th consecutive month. For the entire 2015, Taiwan’s outbound sales dipped to a six-year low of US$280.48 billion, according to the data.     [FULL  STORY]

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