Taiwan: Exports improve in January
February 9, 2015
In January, the trade surplus totaled USD 4.8 billion. The reading was above both the USD 2.9 billion recorded in the same month of last year and market expectations of USD 3.9 billion. In the 12 months up to January, the trade surplus totaled USD 41.4 billion (November: USD 39.6 billion).
Exports reached USD 25.1 billion in January, which represented a 3.4% expansion in year-on-year terms and contrasted December’s 2.8% contraction. Imports recorded USD 20.3 billion, which marked a 4.8% contraction over the same month of last year. The contraction was significantly less than December’s 12.3% fall.