MOEA data highlighted that Taiwan’s export orders totaled US$53.79 billion in September, up 4.6 percent from a year earlier after a 9.1 percent year-on-year increase in August. The September figure was just short of their forecast of US$53.8 billion to US$55.8 billion, up 4.7-8.6 percent from a year earlier.
An MOEA spokesperson outlined that September’s export orders failed to meet earlier expectations as a fall in international crude oil prices affected the value of export orders placed on chemical, mineral and plastics and rubber items.
The chemical industry saw its export orders falling 8.5 percent from a year earlier to US$1.37 billion in September, while the plastics and rubber industry also suffered a 1.1 percent year-on-year fall in export orders with value at US$1.53 billion in September.
Read the full article on focustaiwan.tw: Taiwan’s export orders grow for 7th straight month
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