Taiwan's exports grow in August

Source: Xinhua| 2018-09-07 17:50:13|Editor: zh
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TAIPEI, Sept. 7 (Xinhua) -- Taiwan's exports in August were up 1.9 percent year on year, according to the island's finance authority.

The island's exports reached 28.3 billion U.S. dollars last month, due to steady global economic growth, demand for technological and innovative applications, and the high prices of international crude oil.

Taiwan's August shipment of goods to the mainland, with Hong Kong included, expanded by 3 percent year on year to 11.73 billion U.S. dollars, while its exports to the United States, Japan and Europe were up 2.7 Percent, 7.6 percent and 6.7 percent, respectively. Exports to the Association of Southeast Asian Nations (ASEAN), however, saw a year-on-year drop of 11.5 percent.

From January to August, Taiwan's exports were up 8.9 percent to about 220.48 billion U.S. dollars, a record high. Exports to major markets were all up, with Japan providing the biggest growth of 12.5 percent.

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