CLOSER ANALYSIS: Shipments to the US grew 22.8%, but the department of statistics director-general said it was only because local firms were moving production home

Taipei Times
Date: Sep 10, 2019
By: Crystal Hsu  /  Staff reporter

The nation’s exports last month rose 2.6 percent to US$29 billion — a record high for the period — as demand for electronics from China and the US gained traction, following a contraction of 0.5 percent in July, the Ministry of Finance reported yesterday.

The rebound could prove to be an isolated episode as exports could slip into a contraction this month and next month due to last year’s high comparison base and lingering uncertainty over the global economy, the ministry said.

“Demand for electronics used in high-end smartphones and personal computers picked up from all major partners except for Europe,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) told a media briefing in Taipei.    [FULL  STORY]