Taiwan January export value down on month, up on year

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.