Taiwan July export value rises 12.5% on year

Taiwan recorded total export value of US$27.11 billion for July 2017, increasing 5.0% on month and 12.5% on year, while the corresponding total import value of US$21.74 billion grew 8.7% on month and 6.5% on year, according to the Ministry of Finance (MOF).

Among the Taiwan-made products, electronic components had the largest export value of US$8.705 billion in July, falling 2.1% on month but rising 9.4% on year.

The total export value of US$174.84 billion and total import value of US$146.64 billion for January-July rose 12.5% and 14.9% respectively on year.