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Taiwan s March export orders set all-time high
04/20/2021 11:09 PM
CNA file photo
Taipei, April 20 (CNA) The Ministry of Economic Affairs (MOEA) was upbeat on Tuesday about the performance of Taiwan s export sector on the back of an all-time high in export orders for March received by Taiwan-based companies.
Earlier in the day, the MOEA reported that export orders placed with Taiwan-based companies in March grew for the 13th consecutive month to hit a historic high of US$53.66 billion the highest value ever for the month.
The figure was 33.3 percent higher than for the same month of the previous year, according to MOEA data.
UPDATE 1-Taiwan March export orders up again, outlook strong Reuters 2 hrs ago Orders from China +34.1% y/y; U.S. +33.2% y/y Ministry sees April orders rising between 29.8% and 33.7% y/y
TAIPEI, April 20 (Reuters) - Taiwan s March export orders rose for the 13th month in a row and in line with expectations, boosted by sustained demand for telecommuting products during strict lockdowns worldwide to contain the COVID-19 pandemic.
Strong demand for smartphones made by the likes of Apple Inc also fuelled orders.
Taiwan s export orders, a bellwether of global technology demand, jumped 33.3% from a year earlier to $53.66 billion in March, data from the Ministry of Economic Affairs showed on Tuesday.
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