Focus Taiwan
Date: 2018/05/07
By: Chiu Po-sheng and Frances Huang

Taipei, May 7 (CNA) Taiwan’s exports grew 10 percent from a year earlier in April at a time when the global economy continued to show steady growth, the Ministry of Finance (MOF) said Monday.

The MOF said increasing tech applications worldwide, rising raw material prices, and strong demand from China for electronics components gave a significant boost to Taiwan’s outbound sales in April.

Data compiled by the MOF showed exports in April rose 10 percent from a year earlier to US$26.73 billion, marking the second consecutive month with a year-on-year increase in outbound sales after a 16.7 percent increase seen in March.

Taiwan’s imports also grew 4.9 percent year-on-year in April to US$22.58 billion, yielding a trade surplus of US$4.15 billion, up US$1.38 billion from a year earlier, the data showed.    [FULL  STORY]