By: Chiu Po-sheng and Chung Yu-chen
Taipei, April 4 (CNA) Taiwan’s exports accounted for 1.7 percent of the entire globe’s exports in 2018, making the nation the 18th- largest exporter, the same place it held the previous year, according to global commodity statistics released by the World Trade Organization (WTO) Tuesday.
According to the Ministry of Finance (MOF), the amount of Taiwan’s exports last year hit a record high of US$335.9 billion, up from US$317.2 billion in 2017.
Based on WTO data, China was the biggest source of exports last year, accounting for 12.8 percent, or US$2.49 trillion.
The second-largest global exporter was the United States, with US$1.66 trillion in exported goods, accounting for 8.5 percent of the world total. [FULL STORY]