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Taiwan January export value down on month, up on year, …

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Taiwan January export value down on month, up on year, says MOF
Adam Hwang, DIGITIMES, Taipei [Tuesday 7 February 2017]

Taiwan recorded total export value of US$23.74 billion for January 2017, decreasing 7.6% on month but increasing 7.0% on year, while the corresponding total import value of US$20.25 billion dropped 2.8% on month but grew 8.4% on year, according to statistics released by the Ministry of Finance (MOF) on February 7.

Among different categories of Taiwan-made products, electronic components had the largest export value at US$7.769 billion in January, slipping 9.6% on month but rising 10.0% on year.

MOF: Taiwan main export markets and export values, January 2017 (US$m)

Export market

Export value

Proportion of total value

Trade balance*

China plus Hong Kong

9,209

38.8%

5,231

Six ASEAN** countries together

4,442

18.7%

1,890

US

2,826

11.9%

55

Europe

2,385

10.0%

218

Japan

1,662

7.0%

(1,239)

*Export value minus import value
**The Association of Southeast Asian Nations
Source: MOF, compiled by Digitimes, February 2017

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