‘UNSURPRISING’: The WTO said that worldwide trade growth might rebound to 3 percent next year, if there is a decline in the tensions between the US and China

Taipei Times
Date: Apr 08, 2019
By: Staff writer, with CNA

Taiwan’s exports accounted for 1.7 percent of worldwide exports last year, making it the 18th-largest exporter, the same place it held the previous year, according to global commodity statistics released by the WTO on Tuesday last week.

Taiwan’s exports last year hit a record of US$335.9 billion, up from US$317.2 billion in 2017, the Ministry of Finance said.

China was the biggest exporter last year, accounting for 12.8 percent, or US$2.49 trillion, the WTO data showed.

The second-largest global exporter was the US, with US$1.66 trillion in exported goods, accounting for 8.5 percent of the world total, the data showed. Germany was third, with 8 percent (US$1.56 trillion) and fourth was Japan, with 3.8 percent of global exports.
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