Taiwan January export value hits second highest on record - ResearchInChina

Date:2011-02-14liaoyan  Text Size:

Taiwan recorded total export value of US$25.35 billion in January 2011, the second highest monthly level next only to US$25.47 billion posted in May 2010 as well as increasing 6.4% on month and 16.6% on year, while the corresponding total import value of US$23.47 billion also increased by 5.6% and 21.9% respectively, according to statistics released by the Ministry of Finance (MOF).

Among different categories of Taiwan-made products, electronics had the largest export value at US$7.220 billion, rising 7.4% on month and 18.2% on year.

Taiwan: Main export markets and export values, Jan 2011 (US$m)

Export market

January 2011

Export value

Proportion of total value

Trade balance*

China plus Hong Kong

10,221.7

40.3%

6,322.1

US

2,794.0

11.0%

369.8

Europe

2,660.4

10.5%

185.7

Japan

1,588.7

6.3%

(2,854.9)

* Export value minus import value
Source: MOF, compiled by Digitimes, February 2011

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