Taiwan exports see surprise increase on tech surge

TheStar Mon, Aug 10, 2020 11:20am - 5 years View Original


Overseas shipments from Taiwan rose 0.4% last month, according to a statement from Taiwan’s Ministry of Finance on Friday.

TAIPEI: Taiwan’s exports unexpectedly rose for the first time since February, spurred by a surge in United States and Chinese demand for technology products.

Overseas shipments from Taiwan rose 0.4% last month, according to a statement from Taiwan’s Ministry of Finance on Friday.

That compares to the median estimate for a 1.4% drop in a survey of economists.

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