Taiwan: Export growth slows to nine-month low
November 7, 2014
In October, the trade surplus totaled USD 4.6 billion. The reading was above the USD 4.1 billion recorded in the same month last year and market expectations of a USD 4.1 billion figure. In the 12 months up to September, the trade surplus totaled USD 37.5 billion (August: USD 37.0 billion), which marked a 3.1% expansion over the same period last year.
Exports reached USD 26.9 billion in October, which represented a 0.7% expansion in year-on-year terms (September: +4.7% yoy) and the slowest growth in nine months. Imports recorded USD 22.3 billion, which marked a 1.4% contraction over the same month last year (September: +0.2%).