Taipei Times
Date: Aug 17, 2019
By: Natasha Li / Staff reporter
Taiwan’s exports to the US hit a record-high US$26.1 billion in the first seven months of this year, according to statistics released by the Ministry of Finance on Thursday, mainly due to transferred orders caused by a spiraling trade spat between the US and China.
Exports to the US increased 18 percent year-on-year from January to last month, the data showed.
The ministry said that it witnessed outstanding performance from exports of data transmission and audio-visual products, which increased 56.4 percent year-on-year to US$8 billion, the highest since 2012.
Data transmission and audio-visual products contributed 30.5 percent of overall exports in the period, up from 23 percent in the same period last year, the data showed. [FULL STORY]