Taiwan sees exports recover in June
Taiwan's exports in June grew 4.8% sequentially to an eight-month high of US$16.95 billion, although the figures still represented a decline of 30.4% from a year earlier, according to data released by the accounting department of Taiwan's Ministry of Finance (MOF).
For the first half of 2009, the island's exports amounted to US$88.49 billion, down 34.3% from US$134.5 billion of a year ago, the data showed.
Taiwan's imports increased 16.8% on month to US$15.18 billion in June, buoyed by increased imports of capital equipment. However, June's imports were down 33.5% on a year-to-year basis.
Imports of capital goods totaled US$2.18 billion in June, representing a sequential growth of 31.6% or US$530 million, including an increase of US$170 million in imports of wafer foundry equipment, the data indicated.
During the January-June period, total imports reached US$72.96 billion, a sharp decrease of 42.3% from the same period of 2008, said the MOF.
Taiwan also posted a trade surplus of US$15.53 billion in the first half, an increase of US$7.49 billion or 93.1% from a year earlier.
For the first half of 2009, the island's exports amounted to US$88.49 billion, down 34.3% from US$134.5 billion of a year ago, the data showed.
Taiwan's imports increased 16.8% on month to US$15.18 billion in June, buoyed by increased imports of capital equipment. However, June's imports were down 33.5% on a year-to-year basis.
Imports of capital goods totaled US$2.18 billion in June, representing a sequential growth of 31.6% or US$530 million, including an increase of US$170 million in imports of wafer foundry equipment, the data indicated.
During the January-June period, total imports reached US$72.96 billion, a sharp decrease of 42.3% from the same period of 2008, said the MOF.
Taiwan also posted a trade surplus of US$15.53 billion in the first half, an increase of US$7.49 billion or 93.1% from a year earlier.
Posts
No comments: