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
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]