Economy > Trade

Taiwan’s Jan-Sept exports to mainland up 10.5 pct

Xinhua Financein TAIPEI
2018-10-09 09:20

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Taiwan's exports to the mainland, with Hong Kong included, expanded by 10.5 percent year on year to 102.83 billion U.S. dollars in the first three quarters, according to the island's finance authority on Monday.

From January to September, Taiwan's total exports reached 250.1 billion U.S. dollars, up 8.1 percent from a year earlier, while imports increased 11.9 percent to 213.42 billion U.S. dollars.

During the same period, exports to the United States, Europe and Japan were up 6.9 percent, 9.9 percent and 11.4 percent, respectively. Exports to the Association of Southeast Asian Nations (ASEAN) expanded by a slight 0.8-percent year on year.

In September alone, Taiwan's exports hit 29.62 billion U.S. dollars, an all-time monthly high and 2.6 percent more than a year earlier. However, exports of electronic components, Taiwan's major export goods, dropped 0.5 percent from a year earlier to 10.12 billion U.S. dollars.

The island's imports in September were up 13.9 percent to reach 25.29 billion U.S. dollars.
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