Focus Taiwan
Date: 08/07/2020
By: Wu Chia-jung and Frances Huang

Taipei, Aug. 7 (CNA) Taiwan's exports inched up in July, reversing a year-on-year decline seen in the previous four months, the Ministry of Finance (MOF) said Friday.

Solid demand for high-tech gadgets offset the weakness in outbound sales posted by old economy industries amid the continuing impact from COVID-19, the MOF said.

Data compiled by the MOF showed the country's exports rose 0.4 percent from a year earlier to hit US$28.20 billion after a 3.8 percent year-on-year drop in June.

On a month-on-month basis, the July outbound sales also rose 3.9 percent, the data indicated.
[FULL  STORY]