Electronics resilient as exports dip 0.3%

NOT ALL NEGATIVE: Despite the US-China trade spat, Taiwan’s server exports to the US increased to US$230 million last month from US$2 million a year earlier

Taipei Times
Date: Feb 16, 2019
By: Crystal Hsu  /  Staff reporter

Exports last month contracted a fractional 0.3 percent to US$27.3 billion from a year earlier, as electronics shipments showed resilience amid a global economic slowdown, the Ministry of Finance said yesterday.

The figure is the second highest ever recorded in January and would have shown modest growth if export prices had not fallen by 3.9 percent, the ministry said.

“It is not clear if companies frontloaded shipments to avoid disruptions over the Lunar New Year holiday this month,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) said.

Tsai had earlier predicted a 2.5 percent decline for last month.    [FULL STORY]

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