Taiwan expected to post export order growth for 9th straight month

The China Post
Date: May 20, 2017

TAIPEI, Taiwan — Taiwan is expected to report a year-on-year increase in export orders for the ninth consecutive month in April because of solid global demand for high-tech gadgets, the Ministry of Economic Affairs (MOEA) said Saturday.

Export orders likely grew at a double-digit pace in April because of a relatively low base of comparison last year after a more than 12 percent year-on-year increase in March, the ministry told the CNA.

The MOEA will release the April export order data on Monday.

Lin Li-chen (林麗貞), director of the MOEA’s Department of Statistics, estimated that the value of Taiwan’s export orders in April rose 16.3-19.3 percent from a year earlier to between US$38.5 billion and US$39.5 billion.    [FULL  STORY]

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