By: Huang Chiao-wen and Frances Huang
Taipei, Jan. 17 (CNA) Taiwan’s 2015 export order figures could be the worst since 2009 amid weakening global demand at a time when the world’s economy has been slowing, sources from the Ministry of Economic Affairs (MOEA) said Sunday.
The sources said Taiwan is expected to suffer a year-on-year drop in export orders in 2015, the first annual decline since 2009, when the country’s export orders fell 8.3 percent on an annual basis as the world was still in the throes of the global financial crisis.
In the first 11 months of last year, Taiwan’s export orders totaled US$413.01 billion, down 3.6 percent from a year earlier, after the country reported a 6.3 percent year-on-year decline in export orders to US$40.76 billion in November. [FULL STORY]