Taiwan: Export growth rebounds from nine-month low
December 8, 2014
In November, the trade surplus totaled USD 4.2 billion. The reading was below the USD 4.4 billion recorded in the same month last year and market expectations of a USD 4.5 billion figure. In the 12 months up to November, the trade surplus totaled USD 37.4 billion (October: USD 37.5 billion).
Exports reached USD 26.7 billion in November, which represented a 3.7% expansion in year-on-year terms and was significantly above October’s 0.7% increase, which had marked the slowest growth rate in nine months. Imports recorded USD 22.5 billion, which marked a 5.1% expansion over the same month last year (October: -1.4%).